Felicis Raises $900M Fund X to Back AI-Native Startups

Felicis launches $900M Fund X focused on AI-native startups. Learn how the firm is reshaping early-stage venture capital in the AI era.
Matilda
Felicis Raises $900M Fund X to Back AI-Native Startups
Felicis Raises $900M Fund X to Back Next Wave of AI-Native Startups After nearly two decades of startup investing success, Felicis Ventures has just launched its largest fund ever—$900 million for Fund X. This milestone cements Felicis as a powerhouse in early-stage venture capital, particularly amid today’s AI-driven startup landscape. If you're wondering how this impacts the VC world and which founders stand to benefit, here’s everything you need to know about Felicis’ new $900 million fund and its AI-focused investment strategy.                               Image Credits:Felicis With a track record that includes unicorns like Shopify, Ring, Twitch, and Adyen, Felicis has consistently demonstrated an eye for category-defining startups. The new fund signals not just confidence in the firm’s investment thesis but a bold bet on what it calls “AI-native” companies—startups fundamentally built around artificial intelligence rather than simply integrating it as a feature. Below, we’ll e…