Index Ventures, the European venture capital group best known for investing in Skype, will on Tuesday shrug off the gloom in its industry by announcing it has raised €350m ($440m) for a new fund to invest in early-stage technology companies.

The fundraising shows that top-performing venture capital firms are still able to raise money in spite of the financial crisis that has caused investment in venture capital to dry up since the collapse of Lehman Brothers last October.