Index Ventures raises $1.65bn tech investment fund

Jul 11, 2018 · uktech.news

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Index Ventures, an investor in UK tech companies including Funding Circle and Deliveroo, has raised an additional $1.65bn (£1.24bn) in new funding.

The firm, based in London and San Francisco, has had a successful year so far, following the exits of Adyen, Dropbox, iZettle and Zuora.

Index Ventures has also backed well-known companies in the technology world, including Just Eat and Skype.

Commenting on the news, Kathryn Mayne, a managing director at Horsley Bridge Partners, which has backed every single Index Ventures fund since 2005, told the New York Times: "When you find a venture fund that we will back in successive iterations, it tends to be because they’ve figured out that formula or magic where they’re investing early in transformative companies."

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