After a string of successes, early-stage fund Felicis raises fresh $900M | TechCrunch
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After a string of successes, early-stage fund Felicis raises fresh $900M | TechCrunch
"Felicis believes dozens of $100B+ AI companies will emerge this decade, highlighting a significant shift in the investment landscape as 70% of their active portfolio involves AI startups."
"Celebrating 20 years as an investor, Aydin Senkut has successfully raised Felicis' largest fund at $900 million, reinforcing their commitment to nurturing the next wave of innovative companies."
Aydin Senkut, founder of Felicis, marks two decades in venture capital with the launch of Fund X, totaling $900 million. This follows the previous funds, including $825 million from Fund IX in 2023 and $600 million from Fund VIII in 2021. Felicis has had substantial success in the seed and Series A stages, backing notable companies like Shopify and Twitch. As AI continues to drive innovation, 70% of Felicis' portfolio now comprises AI-focused startups, reflecting a strategic pivot towards technologies with enormous growth potential.
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