Market & RegulationInvestment · $2B
Index Ventures raises $2B to invest in AI
Siftedhigh confidence
Why it matters
- →Index Ventures' $2B raise signals strong confidence in AI's transformative potential.
- →The funding will support AI-driven innovation across multiple sectors, including cybersecurity and fintech.
- →This move positions Index Ventures to back startups from inception to public markets, fostering growth in AI technology.
Index Ventures has raised $2 billion in fresh capital, bringing its total assets to $3.5 billion for investment in AI and other technologies. The new funds include a $400 million seed fund, a $900 million venture fund, and an additional $700 million for its growth vehicle. This fundraising effort reflects Index's strong conviction in AI's potential to drive the next wave of technological innovation. The firm plans to use the funds to support startups from early stages to public markets, focusing on sectors like cybersecurity, fintech, and healthcare.
Read originalThe story around this
Earlier coverage that leads up to this article, and what followed. Lines connect each piece to the closest one after it, converging here.
More from Sifted
More in Market & Regulation
© TechCrunch AIMarket & Regulationbusiness
Crusoe cancels $1.25B Boom turbine deal
The collapse of Crusoe’s $1.25 billion order for Boom Supersonic’s stationary turbines exposes the fragility of AI infrastructure financing. While Crusoe raised $3.9 billion, it pivoted away from on-site gas generation, opting instead for grid power and diverse energy mixes. This signals that even well-funded data center operators are prioritizing flexibility over massive, long-term capital commitments to specialized hardware. Boom’s pivot to sell jet engines as power plants was a bold bet on AI energy needs, but losing its anchor customer suggests the market is more cautious than anticipated.
TechCrunch AI
© TechCrunch AI