Make Way For More Tech Investment: Index Ventures Raises Another ?350M Fund

The economic signals coming from Europe are leading some to predict a big drop in startup investments up ahead, but that's not the message coming from one of the region's biggest VC firms. Index Ventures has just announced a new fund of ?350 million ($442 million), which it intends to use for early-stage investments in the tech sector covering seed, Series A and Series B investments that will ultimately split between?30 venture startups and 40 seed companies in Europe or looking to do more in Europe as well as internationally. A primary reason for the fund is that despite the millions in European tech funding to date, it's still only a patch on what could be invested. "There is still a huge opportunity for investing in Europe, but there aren't that many VCs here that focus on early stage," Index partner Danny Rimer said in an interview with TechCrunch.

bo jackson weather houston weather houston small business saturday small business saturday hank baskett beyonce dance for you