Index Ventures Pledges 10 Million Euros To Fund Mind-NRG's CNS Candidate

Index Ventures on Oct. 27 pledged up to €10 million ($13.4 million) to Swiss start-up Mind-NRG in the latest example of the venture capitalist's asset-centric financing model.

Index Ventures on October 27 pledged up to €10 million ($13.4 million) to Swiss start-up Mind-NRG SA in the latest example of the venture capitalist's asset-centric financing model. [See Deal]

This model sees investors backing development of a single candidate, or a small handful of candidates with a single mechanism of action, typically housed within companies with ultra-lean overheads and minimal staff

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