
Index Ventures
Geneva-founded transatlantic VC, $15bn raised; led Granola's Series C and backed Multiverse, Ineffable Intelligence in 2026.
Last refreshed: 21 May 2026 · Appears in 3 active topics
Why is a Geneva-founded VC consistently first into the UK's fastest-growing AI startups?
Timeline for Index Ventures
Co-led Conduct's $60m Series A
UK Startups and Innovation: Conduct takes $60m as SAP buys inco-led the Wordsmith AI £52.1m Series B
UK Startups and Innovation: Wordsmith pulls a £52m round to EdinburghMultiverse hits $2.1bn on first cash quarter
UK Startups and InnovationMentioned in: Lansdowne hits €128.9m on BBB-anchored fund
UK Startups and InnovationMentioned in: Paymentology raises $175m for card issuance expansion
UK Startups and InnovationWhat companies has Index Ventures invested in?
Where is Index Ventures based?
How much money does Index Ventures manage?
Background
Index Ventures has been one of the most active investors in the UK and European funding surge of 2026. It led Granola's $125m Series c in March 2026, taking the London AI notetaking startup to a $1.5bn valuation, six times its level a year earlier. In May 2026 it participated in Multiverse's $70m Series E at a $2.1bn valuation, the round that confirmed Multiverse as the UK's leading AI upskilling platform and its first cash-positive quarter. Between those two deals it co-invested in Ineffable Intelligence's $1.1bn seed round on 27 April 2026, the largest seed in European history, alongside Sequoia, Lightspeed, and the British Business Bank.
Index was founded in Geneva in 1996 by Neil Rimer, David Rimer, and Giuseppe Zocco, evolving from Swiss bond-trading roots into a transatlantic VC. The firm opened its London office in 2002 and San Francisco in 2011, operating a one-fund, one-team model where the same partnership backs companies from seed through growth. In July 2024 it announced $2.3bn in new funds ($800m early-stage, $1.5bn growth), bringing total capital raised to approximately $15bn.
Index's portfolio defines European venture's highest-water marks: Adyen, Deliveroo, Farfetch, King, Supercell, Skype, Squarespace, Roblox, Discord, and Figma. Its dual London-San Francisco footprint positions it at the intersection of European tech sovereignty and transatlantic scale; its 2026 deal pace in UK AI (Granola, Ineffable, Multiverse) mirrors its earlier playbook of building concentrated positions in emerging UK software categories before US capital noticed them.