Felicis Founder Aydin Senkut Announces $900 Million Fund X
Felicis founder Aydin Senkut is marking his 20th year as an institutional early-stage investor by unveiling the firm’s largest fund to date: a $900 million Fund X. This comes on the heels of the $825 million Fund IX raised in 2023 and the $600 million Fund XIII raised in 2021. Felicis, a renowned seed and Series A firm, has a track record of supporting numerous successful ventures such as Ayden, Bonobos, Ring, Shopify, and Twitch, among others. Since its inception in 2006, Felicis has backed over 50 unicorns and witnessed more than 125 successful exits.
Like many venture capital firms, Felicis has been heavily focused on artificial intelligence (AI) in recent times. The firm’s portfolio now includes notable AI startups like Browser Use, Poolside, Runway, and Supabase. In a blog post, Felicis expressed its belief that several $100 billion AI companies will emerge in the current decade, emphasizing that 70% of its active portfolio consists of what it deems as AI native startups.
Despite the significant announcement, Aydin Senkut has not provided any additional comments at this time.
