# The Index Project

> The Index Project is a VC fund backing Chemical and Artificial Intelligence. See 9 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Copenhagen, Denmark
- Total investments: 9
- Last investment: Jan 2020
- Lead investor: 0%
- Last fund: Jan 2016
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/3201885?trk=tyah&trkInfo=clickedVertical%3Acompany%2CclickedEntityId%3A3201885%2Cidx%3A1-1-1%2CtarId%3A1441786949571%2Ctas%3ADesign%20to%20improve%20life%20%20%20
- X (Twitter): https://twitter.com/indexaward
- Website: https://theindexproject.org/
- Facebook: https://www.facebook.com/designtoimprovelife

The Index Project is a VC fund in Copenhagen focused on Chemical and Artificial Intelligence. The Index Project, formerly INDEX: Design to Improve Life, was born in 2002 and initially tasked with running a large-scale design award to further brand Denmark as a progressive design nation. While Denmark already had strong roots in design, we weren’t convinced that a traditional design award would have the impact we wanted. Our founder, KiggeHvid, wanted to push the boundaries but, she wasn't exactly sure how.So, she went on a knowledge sabbatical — travelling the world, talking and listening. She met with designers, media, scientists, academics, artists and experts of design and innovation. And everyone, no matter who or where pointed to the potential of design to solve real needs in our society. That’s when our mission became clear: we need to redefine design from a commercially driven disciple to one that’s used to improve quality of life — for everyone.The first Index Award was launched in 2005, and like most award programs, was initiated to celebrate the world’s best and brightest within the field. But, little did we know, it would be so much more than that. The humble concept of design to improve life grew into a global movement. And now, people all over the world — from kids as young as six to celebrated visionaries — are using design to bring humanity forward. We’ve all come a long way since 2002 but, there’s still much further to go. Together, the world is facing countless critical problems, from cybersecurity to climate change, species extinction to social inequality. And now, more than ever, we need optimism and ingenuity. With the right knowledge and community, we can design a better future. But, we have to act now.The Index Project is a call to action. Are you in? Each award cycle we receive hundreds, sometimes thousands, of nominations, which are boiled down to just five winners. But, (and it's a big one) while we believe it's important to celebrate the best, we don't believe the impact should stop there.The Index Award pipeline is an invaluable and ever-growing source of great solutions, regardless of winning status, that are ripe for investment — both human and financial. That's why we've gone beyond award-giving to invest.

## Contacts

5 contacts available for The Index Project. Shizune tracks 3 team members at The Index Project. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/index-design-to-improve-life?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $1.5M–$2M |
| Series A | $1.1M–$3M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Chemical | 2 | 22% |
| Artificial Intelligence | 2 | 22% |
| SaaS | 1 | 11% |
| AgTech | 1 | 11% |
| Drones | 1 | 11% |

36 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 3 | 33% |
| Series A | 3 | 33% |
| Series B | 1 | 11% |
| Series C | 1 | 11% |
| Funding Round | 1 | 11% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 3 | 33% |
| Denmark | 2 | 22% |
| Chile | 1 | 11% |
| Norway | 1 | 11% |
| Sweden | 1 | 11% |

6 countries tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Flemming Lindeløv | Board of Director | 0 | https://shizune.co/investors/profile/flemming-lindel%C3%B8v |
| Mette Hansen | COO | 0 | https://shizune.co/investors/profile/mette-hansen |
| Veronica D'Souza | Jury Member | 0 | https://shizune.co/investors/profile/veronica-d-souza |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| CanopyLAB | CanopyLAB is an educational technology company located in Hvidovre, Greater Copenhagen, Denmark. We have built an AI-powered social learning platform for corporate training. Through personalization our platform enables all learners to realize their potential in a way that is fast, fun and future-proof. We call it "The Future of Learning-Delivered Today".We work on two verticals:1. The Canopy A social learning platform powered by AI A research-based social learning platform for developing competencies through individualized and adaptive learning experiences. It is designed with an integrated social network structure to enhance collaborative learning and built on strong Nordic learning principles.2. The LAB A learning community with provocative content Join our global learning community for youth. Take free courses, exchange ideas, gain new knowledge and practice competencies offered by 100 + pioneering NGOs in controversial and often neglected topics such as sexuality, sexual & reproductive rights, climate action, health, and the SDGs.CanopyLAB acquired Peruvian publishing startup Yopublico in April 2020. | $1.5M | Seed | Jan 26, 2020 |  |
| Destácame | Destacame is the first behavior-based credit score in Latin America. | $3M | Series A | Mar 04, 2019 |  |
| Agribuddy | Management of agricultural support application "AGRIBUDDY". |  | Series A | Oct 06, 2018 |  |
| Ignitia | Ignitia provides hyper-local weather updates, via SMS, based on GPS location. Since our commercial launch in 2015, we have established partnerships to work with small-scale farmers. We send daily, monthly and seasonal rain forecasts to help farmers avoid adverse impacts of an ever-changing climate.Unlike other regions, rain in the tropics isproduced by small-scale systems where convection is a driving force. These convection forces can appear much more quickly and without seemingly any notice to the untrained eye. Ignitia's technology is specifically designed to predict this kind of weather. | $1.1M | Series A | Aug 27, 2018 |  |
| Seaborg Technologies | Seaborg Technologies creates the infrastructural basis required to meet future energy demands. It aims to provide clean and available energy at low manufacturing costs. Seaborg Technologies connects conventional nuclear reactors and a new set of solutions based on the thorium fuel cycle. It was founded in 2015. | $1.6M |  | Apr 12, 2018 |  |
| Ava | Ava develops a live captioning platform that uses AI to transcribe what people say. It is committed to total accessibility for the 466M deaf/hh worldwide. |  | Seed | Apr 01, 2018 |  |
| Zipline International | Zipline is a California-based automated logistics company that designs, manufactures, and operates drones to deliver vital medical products. Zipline's mission is to provide every human on Earth with instant access to vital medical supplies.In 2014, Zipline was created to deliver medicine to those who need it most. Since then, the company hasbuilt the world's fastest and most reliable delivery drone, the world's largest autonomous logistics network, and a truly amazing team. Zipline designs and tests its technology in Half Moon Bay, California. The company assembles the drones and the technology that powers its distribution centers in South San Francisco. Zipline performs extensive flight testing in Davis, California, and operates distribution centers around the planet with teams of local operators. | $70M | Series C | Mar 07, 2018 |  |
| Electroninks | Electroninks Incorporated was founded in 2013 as a university spinout from UIUC. Theyare a company of materials scientists, formulations specialists, and designers developing inks and products for consumer electronics.They have novel chemistries and formulation know-how based around the philosophy that pure metallic films are the best way toincrease performance, reliability, and overall cost of integration and downstream ownership. Their inks are based on small-molecule chemistries and resulting films can be printed via digital methods and industry-standard roll-to- roll techniques. Since their formulations are particle-free and have no binders, they can be printed to fine resolutions, annealed at low temperatures, and out-perform nanoparticle technologies. |  | Series B | Feb 01, 2018 |  |
| Iris.ai | Powerful Tools for Your Research. We have built a world-leading AI engine for scientific text understanding. Applied to literature reviews, data extraction, post-market surveillance or any other task involving thousands of documents like papers or patents, this engine will make your life a whole lot easier. | $2M | Seed | Dec 01, 2017 |  |

9 of 9 investments shown.

## Co-investors
- [Bakken & Baeck](https://shizune.co/investors/profile/bakken-baeck) — VC Fund, 1 deal together
- [Bright Success Capital](https://shizune.co/investors/profile/bright-success-capital) — VC Fund, 1 deal together
- [European Union](https://shizune.co/investors/profile/european-union) — VC Fund, 1 deal together
- [Fen Ventures](https://shizune.co/investors/profile/fen-ventures) — VC Fund, 1 deal together
- [FINCA Ventures](https://shizune.co/investors/profile/finca-ventures) — VC Fund, 1 deal together
- [FORTE Insurance](https://shizune.co/investors/profile/forte-insurance) — VC Fund, 1 deal together

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## FAQ

### What does The Index Project invest in?

The Index Project invests primarily in Chemical, Artificial Intelligence and SaaS startups, most often at Seed and Series A stage. Most of the 9 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is The Index Project's check size?

The Index Project typically joins rounds of $1.5M–$2M at Seed and $1.1M–$3M at Series A. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds The Index Project participates in.

### How do I contact The Index Project?

Public channels for The Index Project include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at The Index Project?

The team at The Index Project includes Flemming Lindeløv (Board of Director), Mette Hansen (COO) and Veronica D'Souza (Jury Member). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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