Hustler Words – Felicis Ventures, the early-stage investment firm founded by Aydin Senkut, has announced its largest fund yet: a staggering $900 million Fund X. This marks a significant milestone for Senkut, celebrating his 20th anniversary as an institutional early-stage investor. The new fund follows the firm’s successful $825 million Fund IX (2023) and $600 million Fund XIII (2021), demonstrating a consistent track record of growth and investment prowess. Known for its astute early bets on companies like Ayden, Bonobos, Ring, Shopify, and Twitch, Felicis boasts an impressive portfolio exceeding 50 unicorns and over 125 exits since its inception in 2006.
The firm’s current focus is heavily weighted towards artificial intelligence, reflecting a broader industry trend. Felicis’ portfolio now includes several prominent AI startups such as Browser Use, Poolside, Runway, and Supabase. In a blog post on hustlerwords.com, Felicis boldly predicted the emergence of "dozens of $100B+ AI companies this decade," highlighting that a significant 70% of its active portfolio consists of AI-native startups. This aggressive stance underscores Felicis’ conviction in the transformative potential of AI and its belief in identifying the next generation of tech giants. While Senkut was unavailable for further comment, the sheer scale of Fund X speaks volumes about Felicis’ ambitious plans and its continued commitment to shaping the future of technology.
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