Index Ventures

Index Ventures has raised $2.3bn in new funds—an $800m venture fund and a $1.5 billion growth fund. This capital will be deployed at a pivotal moment for the startup ecosystem, with the rise of: 🧠 Transformative technologies: Rapid advancements in AI and beyond are reshaping industries 🌍 Global talent: Deeper, more diverse pools of expertise 📈 Proven playbooks: Established strategies for hyper-growth These factors are converging and compounding to create unprecedented opportunities for founders around the world. Our thanks go out to our LPs for their continuous support, as well as to the founders past, present and future who choose to partner with us. Your trust and success have made this possible. Here’s a taste of what you’ve achieved so far: 🚀 108 Index-backed reached a $1bn valuation 🎉 23 surpassed a valuation of $10bn 🌐 57 have IPO’d 💪 200,000 jobs created Thank you! We're excited to forge new relationships and back the next generation of iconic startups. https://lnkd.in/gAGC5sqQ

We Index Ventures have raised $2.3bn in new funds—an $800m venture fund and a $1.5 billion growth fund. A huge personal thanks to the founders who have joined the Index journey so far 🙏 . To the entrepreneurs building out there today: this is a moment to lean in! Check out the video for my perspective and the blog for more details.

Index is leading a $4.9m seed round in Adfin to advance the state of the art in billing. Co-founders Tom Pope and Ciprian Diaconasu bring a unique blend of fintech experience and have a compelling vision to fix bill payments for mainstream businesses. We're excited to partner at the ground level and continue our tradition of supporting European fintech innovation! https://lnkd.in/gAvnUcZj

Thank you to the Growth Minister Spencer Livermore at HM Treasury and the new UK government for your comments about Index Ventures and the announcement of $2.3bn of new funds! We look forward to working in partnership with the UK government to create more opportunities for entrepreneurs and their teams. 🇬🇧 The UK is the single largest destination for our investments outside of the US 💷 Index invested more than £1bn in 144 British startups 👩🏽💻 British companies we backed created 48,000 jobs 🚀 17 became unicorns (valued at $1bn+) 📈 We forecast that Index-backed companies will create 3,000 jobs in the UK in the next 12 months

Storytelling is a core piece of the human experience, and video is one of the most compelling ways we bring stories to life. As AI seeps into our day-to-day tools, the next opportunity in video storytelling is cracking open. And while there’s no shortage of platforms for anyone to become a content creator or storyteller today, access to and understanding of the technology needed to produce the best-quality video have been expensive, time intensive, or required a steep learning curve. Captions is opening up creative storytelling for all. Its CEO Gaurav Misra first saw the potential in short-form video while at Snap, where he spent five years shaping a product that hundreds of millions of people use to tell stories daily. He and co-founder Dwight Churchill launched Captions in 2021 to reduce the barrier to entry for video creators. Today, after the company’s momentous year unveiling several new incredible AI-powered video editing tools like AI Edit and Lipdub, we’re thrilled to share that we’re leading Captions’ $60M Series C. As the team sets its sights on growing its team, further investing in research efforts, and continuing pioneering breakthroughs in video technology, we couldn’t be more excited to play a part in their story. As Index Partner Damir Becirovic sees it, while AI is moving fast, Captions has consistently set the pace of innovation in content creation: “In the past year, the company’s breakthroughs in video generation haven’t just had an impact on the company’s success, but the AI community at large, further cementing Captions as a market leader.” See Captions’ technology in action and learn more about why we’re excited about the team’s creative solution to the opportunity at hand. 📽️

For the lawyers, management consultants, stock analysts and other knowledge workers, plowing through high volumes of content to get to the bottom line of a task is no small feat. Think immense amounts of time + high-stakes effort. Hebbia is working to address this challenge, operating as a neural search engine that uses cutting-edge AI to accelerate efficiency and accuracy of recurring workflows that often hinge on a significant amount of documents. Today, we’re excited to continue investing in this business as they announce their latest round, a $130M Series B, and look to expand their team and conduct further research. Congratulations, Hebbia team!  https://lnkd.in/gwcrgSfX 

It’s no secret that AI innovation is driving demand for high-powered compute infrastructure. But there’s another critical issue at play: the immense energy required to power and cool these systems. This may be the most important AI challenge few are talking about. Data centers — the backbone of AI — are extremely energy-intensive, consuming 10-50 times the energy per floor space of a typical office building. In northern Virginia, the world’s largest data center market, only 0.2% of grid capacity is available. In Ireland, data centers are projected to account for 32% of national electricity consumption by 2026. The key to sustainable AI growth lies not just in scaling up hardware but in developing better solutions for how we manage the massive energy consumption that comes with it. Generating enough power to run the machines is one thing, but equally important is finding efficient ways to cool them, as this process consumes an enormous amount of energy. That’s why we’re excited to announce our investment in Phaidra, an innovative company whose AI-based control systems use reinforcement learning to help mission-critical facilities like data centers optimize their cooling systems and reduce energy costs. Phaidra is led by Jim Gao, Vedavyas Panneershelvam, and Katie H.. — an experienced team whose work at DeepMind reduced energy usage in Google’s data centers by 40%. They bring a vital mix of engineering know-how, AI research credentials, and dedication to solving the global problem of energy usage in data centers. Learn more about our investment in Phaidra and how this impressive team is powering the future of sustainable AI innovation and growth.

Congrats to Tomáš Čupr and the Rohlik Group team on the raise, the continued growth and reaching profitablity in multiple markets. Their unique approach in the grocery space shows that if a) you get the customer proposition right, b) have the tech to deliver on it and c) the best team in business leading the execution, you can build a great business in a sector where many tried and failed. Kudos Rohlik! 🚀 Ingrid Lunden from TechCrunch has more on the story 👇 https://lnkd.in/eGVvRs7h

What are the two atomic units of a great startup? ⚛️ 1. Solving a meaningful customer problem in a high-quality way.  2. Having an exceptional team that is deeply attached to the mission and the customer. According to Shoaib Makani, founder and CEO of Motive, everything else is “window dressing.” Index partner Nina Achadjian recently chatted with Shoaib about how AI is transforming the physical economy at this year’s Startup Grind Global. They touched on: 🚛 The early days of identifying an underserved market and conducting a value-chain research deep dive, prior to launch. (Spoiler alert: hanging out at truck stops to really understand the future customer paid off for Shoaib.) 🌎 How an app for a single transportation industry has grown into an AI and computer vision platform for countless physical world applications.  🤖 The future of computer vision + hardware agents. Shoaib and Nina talk about the tensions of leading a fast-track growth startup and how it often presents a prioritization problem – but, as Shoaib says, “a fun one.” Check out the full session 👇 https://lnkd.in/g3DQqQ8J