Felicis Founder Aydin Senkut Announces $900 Million Fund X
Felicis founder Aydin Senkut is marking his 20th year as an institutional early-stage investor with the exciting news of the firm’s largest fund yet: a $900 million Fund X. This milestone comes after the successful raising of $825 million for Fund IX in 2023 and $600 million for Fund XIII in 2021. Felicis, known for its support of numerous successful ventures such as Ayden, Bonobos, Ring, Shopify, and Twitch, has established itself as a key player in the seed and Series A investment space since its inception in 2006. With a track record of backing over 50 unicorns and achieving more than 125 exits, Felicis continues to make a significant impact in the startup ecosystem.
The venture capital landscape has seen a growing emphasis on AI, and Felicis is no exception. The firm’s portfolio now includes notable AI-focused companies like Browser Use, Poolside, Runway, and Supabase. In a recent blog post, Felicis expressed its confidence in the emergence of multiple $100B+ AI giants in the coming decade, highlighting that 70% of its current portfolio consists of AI-native startups.
Despite his busy schedule, Senkut remains dedicated to Felicis’ mission and vision. When reached for comment, he did not hesitate to share his enthusiasm for the firm’s future endeavors.