Index Ventures raises $3.5 billion to expand AI and Israeli startup investments The global venture firm behind Wiz launches new seed, venture and growth funds as it increases its focus on cybersecurity, infrastructure and artificial intelligence. Index Ventures has raised $3.5 billion in new funds that will be used to invest across all stages of company building, including a significant focus on artificial intelligence, cybersecurity and infrastructure startups. The new capital includes a $400 million seed fund, a $900 million venture fund, and a $2.2 billion growth fund, expanded from the firm’s previous $1.5 billion growth vehicle. The firm said its strategy remains focused on identifying founders early and supporting them throughout their growth journey. "From day one, we built Index around a single conviction: that great founders can come from anywhere," the firm said. "Our job is to find the best people early and stay with them for as long as it takes." For Israel, the announcement strengthens Index’s position as one of the most active international investors in the local technology ecosystem. Index has invested in Israeli companies for two decades and has built a portfolio that includes some of the country’s most successful technology companies, including Wiz, Gong, Fireblocks, Capitolis and Empathy. The firm was one of the earliest institutional investors in Wiz, the cloud security company founded by former Adallom executives Assaf Rappaport, Ami Luttwak, Roy Reznik and Yinon Costica. Wiz was acquired for $32 billion by Google, a deal that generated an estimated $4.3 billion return for Index based on its reported ownership stake. Index has increased its activity in Israel in recent years, particularly around artificial intelligence, cybersecurity and infrastructure. Juriaan Duizendstraal, the Index partner leading the firm’s Israeli activity, said late last year that the fund had completed 16 Israeli investments over three