Index Ventures launches $300 million seed fund Index Origin II

San Francisco and London-based VC firm Index Ventures has launched a $300 million seed fund.Jan Hammer, a partner at the firm, outlined what they look for in early-stage startups and founders.

Index Origin II follows on from a similar $200 million early-stage vehicle that was launched in April 2021. The fund does not have one core anchor LP, but a capital base that spans medical and educational institutions, as well as mission-driven organizations, with the aim that its proceeds"have a positive downstream impact," Index Ventures partner Jan Hammer told Insider.

Index Origin II will focus on key sectors — or"themes" — ranging across fintech, marketplaces, gaming, SaaS, DevOps, AI, and security. Within this, the fund is eyeing specific sub-themes such as B2B payments, asset management, neobanks, and consumer wallets. Index as a company is stage agnostic, which will give seed-stage startups backed by the fund an opportunity to tap into the resources of a multi-stage firm, Hammer said.

Amid the global downturn that's shaken the tech industry, it's been"business as usual" for Index Ventures, Hammer said.

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