After a string of successes, early-stage fund Felicis raises fresh $900M

Felicis founder Aydin Senkut is celebrating his nineteenth yr as an institutional early-stage investor by saying the agency’s greatest fund but: a $900 million Fund X.

This follows the $825 million Fund IX raised in 2023 and the $600 million Fund XIII raised in 2021. Felicis, a seed and Sequence A agency, is thought for backing an extended string of successes, together with Ayden, Bonobos, Ring, Shopify, and Twitch, among others. Since being based in 2006, Felicis has backed over 50 unicorns and had over 125 exits, it says.

Recently, Felicis, like most VCs, has been throughout AI. Its portfolio now consists of, for instance, Browser Use, Poolside, Runway, and Supabase. “We imagine dozens of $100B+ AI corporations will emerge this decade (not merely $1B or $10B),” Felicis wrote in its blog post, including that 70% of its energetic portfolio are what it considers AI-native startups. 

Senkut didn’t instantly reply to a request for extra remark.