Ogier's Jersey investment funds team has advised Index
Ventures on the simultaneous closings of Index Ventures Growth V,
which has raised $1.2 billion to invest in later-stage, growth
rounds, and Index Ventures X, which recently closed at $800 million
to put into earlier rounds for smaller start-up companies.
This latest $2 billion raise from Index is an increase in fund
size on its previous growth and venture fund close (in 2018 it
raised $650 million for venture and $1 billion for growth), which
will enable Index Ventures to take advantage of increasingly
sophisticated and international start-ups. The funds are expected
to split their investments between the US and Europe, and have
again been backed by research organisations, universities, medical
insititutes, pension funds and funds of funds.