INDEX VENTURES RAISES $2B ACROSS THREE FUNDS
■ AI-SUMMARIZED FROM 3 SOURCES ▸ TIMELINE
Index Ventures has closed $2 billion in new capital across a $900M venture fund, a $400M seed fund, and a $700M addition to its 2024 growth fund. The funding positions the firm to invest across early-stage and growth-stage startups.
■ MORE FROM THE STARTUPS DESK
Former Spotify employees raised $10 million to apply the streaming platform's recommendation algorithm to e-commerce. The new startup aims to predict shopper preferences and personalize product discovery in real time.
Hadrian, a defense manufacturing startup serving the Pentagon and Lockheed Martin, secured a $7.87 billion valuation in a new funding round. The capital will support workforce expansion as demand for domestic defense manufacturing grows.
DeepSeek has restarted its second funding round targeting close to $8 billion, with Monolith Management among investors in talks to participate.
Omilia has closed a Series B funding round of $67 million to expand its customer support platform. The company has grown its annual recurring revenue tenfold to $60 million since its previous fundraise in 2020.