AI Companies Across Language, Media and Infrastructure
The portfolio spans companies selling a finished interface and companies providing inputs for downstream AI systems. That distinction is useful when comparing where each product captures value.
Index Ventures’ selected investments include language tools at DeepL, creative workflows at Captions and Ideogram, and model infrastructure at Fireworks AI. Mistral and Scale AI broaden the sample to models and data.

The portfolio spans companies selling a finished interface and companies providing inputs for downstream AI systems. That distinction is useful when comparing where each product captures value.
Selected disclosed relationships, reviewed November 6, 2026. Each source supports the investment relationship; this is not a complete portfolio or a statement of current holdings.



Index Ventures’ selected investments include language tools at DeepL, creative workflows at Captions and Ideogram, and model infrastructure at Fireworks AI. Mistral and Scale AI broaden the sample to models and data.
The portfolio spans companies selling a finished interface and companies providing inputs for downstream AI systems. That distinction is useful when comparing where each product captures value.
The selected financing record lists Index Ventures as a participant in Mistral AI’s Seed. The company entry links to the source for that round.
The selected financing record lists Index Ventures as a lead investor in Fireworks AI’s Series D. The company entry links to the source for that round.