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Venture capital (VC) firm Index Ventures has announced a whopping $1.65 billion in funds as it targets global startups at various stages. The money is split across two pots — $650 million for the firm’s ninth venture fund (aimed at earlier stage startups), and $1 billion for its fourth growth fund (geared toward “scale ups”). […]
One of Europe's biggest venture capital firms, Index Ventures, raised $1.65 billion for two new funds.
Index Ventures has had a good 2018 after its portfolio firms Adyen and Dropbox went public.
Its new venture fund is aimed at early-stage startups, while the growth fund is for bigger firms that need larger checks.
Index has raised 30% more than last time because early-stage funding rounds are getting bigger.
Index Ventures, the early-stage backer of Bird, Sonos, and Deliveroo, has...