Home Cleantech Funds Index Ventures V closes on €350m

Index Ventures V closes on €350m

First published in Cleantech magazine, May 2009. Copyright Cleantech Investor 2009

Fund: Index Ventures V

Size: €350m

Stage: Close

Index Ventures closed its fifth early-stage fund with total backing of €350 million. Focusing on deals within cleantech, biotech and technology, the vehicle will support companies based in Europe, the US and Israel.

Index – investor in a string of successful companies including Internet-based telecom firm Skype and online gambling group Betfair  – has raised most of the capital from its existing limited partners.  

“There are certainly challenges facing many industries right now but, thanks to the ongoing commitment of our limited partners, we can continue to focus on our core strength, that of finding and supporting ambitious, dedicated entrepreneurs,” said Partner Bernard Dallé.

Index Ventures operates from offices in Geneva, London and Jersey.

 

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