The Canadian AI Index

Investors / Index Ventures

Index Ventures

Index Ventures is a venture capital firm based in the United Kingdom. Index Ventures has backed 2 Canadian AI companies in the Index, joining 5 tracked rounds and leading 2. The most recent was Ideogram's US$80M Series A in February 2024. Index Ventures most often invests alongside Andreessen Horowitz, Radical Ventures and Section 32.

VC based in UK. 2 Canadian AI companies in the Index, 5 tracked rounds, 2 as lead.

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Type
VC
HQ country
UK
Companies
2
Tracked rounds
5
Led
2
First tracked deal
Cohere, Sep 2021
Latest tracked deal
Ideogram, Feb 2024

Portfolio

CompanyRounds joined (date, round size)Company's total raisedRole
IdeogramSeed · Aug 2023 · US$16.5M round (lead)Series A · Feb 2024 · US$80M roundUS$96.5MLed Seed
CohereSeries A · Sep 2021 · US$40M round (lead)Series B · Feb 2022 · US$125M roundSeries C · Jun 2023 · US$270M roundC$9.1BLed Series A

A round's size is the whole round as announced, not this investor's cheque.

Frequent co-investors

Andreessen Horowitz (2 shared rounds), Radical Ventures (2 shared rounds), Section 32 (2 shared rounds), AIX Ventures (1 shared round), DTCP (1 shared round), Fei-Fei Li (1 shared round), Geoffrey Hinton (1 shared round), Golden Ventures (1 shared round)

Data as of November 10, 2026.

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