Monday 26th Apr 2010
Market News
Index Ventures launches IndexSeed
European venture firm launches fund to focus on early stage deals
Index Ventures, a European based venture fund that has also invested heavily in U.S. startups, has today launched a new seed fund.
The firm plans to make twenty early stage investments over the next 24 months ranging from $50,000 – $1 million in size. And unlike many seed funds that have been carved out of larger venture funds, the partners will take board seats or otherwise be heavily engaged with their startups.
With larger venture funds, the partners have time to make the investments but can’t spend a lot of time on them simply because they are managing so much other money. Index Seed is being carved out of Index’s existing $400 million fund.
