Ropes & Gray Serves as Lead Counsel to Index Ventures in Raising $2 Billion to Support Emerging Entrepreneurs

Ropes & Gray served as lead counsel to Index Ventures on their recently announced $2 billion fundraise across two funds to support the next generation of entrepreneurs. The funds announced their final close on April 9. Index Ventures Growth V closed with $1.2 billion to invest in later-stage, growth rounds, and Index Ventures X, closed with $800 million and will be invested in earlier rounds for smaller start-up companies. 

Founded in Geneva in 1996, Index Ventures is a venture capital firm based in London, San Francisco and Geneva, enabling entrepreneurs to turn bold ideas into transformative international businesses. Since inception, Index Ventures has partnered with exceptional entrepreneurs in Europe, the U.S. and Israel across every investment stage—from earliest seed through to explosive growth. 

The Ropes & Gray team was led by asset management partner and private funds specialty group co-head Morri Weinberg and included tax partner Elaine Murphy, international risk partner Ama Adams, asset management counsels Mark Sugino and Mike Jurasic, tax counsel Seth Piken, asset management associates Robert Rossi and Zakk Wedemeyer, tax associate Alexa Voskerichian, litigation associate Emerson Siegle, associates Leah Pacht Gopin, Aaron Lichter and Susannah Griffee.