Index Ventures raises a 7th early-stage fund, worth $542m

‘If it ain’t broke, don’t fix it’ seems to be the mantra at Index Ventures, which has just announced a new €400 million ($542 million) fund. As with its predecessors, the London-based firm’s seventh early-stage fund – covering from seed-stage up to €15 million ($20 million) – will invest in predominantly European startups, with US and Israeli companies thrown into the mix. The fund is sticking with the same sectors, such as big data, financial services, marketplaces, fashion and ecommerce, mobile and security, too. Looking at the performance of the Index portfolio over the past year, it’s easy to see...



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