# Venture capital fundraising activity > Live situation record from CLSTR: https://clstr.news/situations/venture-capital-fundraising-activity > Updated: 2026-08-02T22:12:53.000Z. Sources: 33. Developments: 3. Index Ventures' $3.5 billion AI‑focused fund, announced in August 2025 and split into a $400 million seed, $900 million venture and $2.2 billion growth vehicle, lifted the firm’s assets under management to $3.5 billion and underscored its strategic emphasis on artificial‑intelligence‑driven startups. In early August 2026 the firm highlighted a series of downstream deals that illustrate how the capital is being deployed across the AI stack. AI infrastructure startup Volta Infra raised $300 million in a seed‑Series A round led by Andreessen Horowitz, Altimeter Capital and Nvidia, secured a six‑year, $10 billion cloud‑computing contract reportedly with Anthropic, and launched a $5 billion financing programme for AI “factories”. In India, foundation‑model builder Sarvam AI prepared a $74 million Series B round led by Nvidia, while marketplace Vaaree raised $6.6 million to expand its AI‑powered home‑styling platform, and Mohalla Tech received a Rs 100 crore investment to scale AI‑generated micro‑dramas. These transactions demonstrate the fund’s role in fueling global AI startup financing and reinforce the broader trend of AI‑driven growth in sectors such as cybersecurity, fintech, healthcare and consumer software. ## Claims - Index Ventures raised $3.5 billion in new capital across seed, venture and growth funds. (corroborated by 5 sources) - The seed fund size is $400 million. (corroborated by 5 sources) - The venture fund size is $900 million. (corroborated by 5 sources) - The growth fund size is $2.2 billion. (corroborated by 5 sources) - Index Ventures’ total assets under management after the raise are $3.5 billion. (corroborated by 3 sources) - Volta Infra raised $300 million in seed and Series A financing. (corroborated by 3 sources) - Volta Infra secured a $10 billion contract with an AI company, reported as Anthropic. (corroborated by 3 sources) - Index Ventures plans to invest across Europe, Israel and the United States. (corroborated by 2 sources) - Index Ventures cited past portfolio companies including Scale AI, Wiz, Robinhood, Roblox, Figma, Revolut, Datadog and Adyen. (corroborated by 2 sources) - Sarvam AI is preparing a $74 million funding round led by Nvidia. (corroborated by 2 sources) - Vaaree raised Rs 65 crore in a Series A round led by Hero Enterprise and Cap Alpha Ventures. (corroborated by 2 sources) - The fundraising occurs amid a broader slowdown in venture‑capital activity. (single source) ## Timeline ### 2026-08-02: Index Ventures' $3.5 B AI Fund Boosts Global AI Startup Financing Index Ventures raised $3.5 B for AI investments; Volta Infra secured $300 M and a $10 B contract; Sarvam AI prepares a $74 M round led by Nvidia; Vaaree and Mohalla Tech also announced AI‑focused funding. 29 sources. https://clstr.news/cluster/australian-small-cap-stocks-offer-generational-discounts-as-ipo-hype-sparks-caution ### 2026-07-31: Index Ventures raises $2 billion for new venture funds Index Ventures raised $2 billion for three new funds—$400 m seed, $900 m venture, $700 m growth—bringing total capital to $3.5 billion, citing recent exits like Wiz and Figma. 5 sources. https://clstr.news/cluster/index-ventures-raises-2-billion-for-new-venture-funds ### 2026-07-07: Chemistry Ventures fundraising plans under scrutiny Chemistry Ventures, founder of a $350 M debut fund, is reported to be seeking a $500 M second fund, but no confirmed filing exists as of July 2026; its latest activity is a $30 M AI startup investment. 3 sources. https://clstr.news/cluster/chemistry-ventures-fundraising-plans-under-scrutiny --- Cite as: Venture capital fundraising activity. CLSTR, https://clstr.news/situations/venture-capital-fundraising-activity