📝 Felicis Venture launched $900M Fund X

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Felicis Ventures has raised its largest fund to date, a $900 million Fund X, marking nearly two decades of early-stage bets that helped launch giants like Shopify, Twitch, Adyen, and Ring. The firm, led by founder Aydin Senkut, now manages over $2.3 billion across recent funds and is doubling down on AI, with 70% of its active portfolio composed of AI-native startups including Runway, Supabase, Poolside, and Browser Use. With over 50 unicorns and 125 exits under its belt, Felicis believes the next wave of value will come not from billion-dollar companies, but from $100 billion AI titans built this decade and Fund X is its biggest swing yet.

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