Felicis Ventures

Felicis Ventures is a Menlo Park-based generalist venture firm with $3B+ in total AUM and a $900M Fund X closed in 2024. The team focuses 94% of investment activity at seed and Series A and leads or co-leads over 80% of rounds. Sectors covered include AI, cybersecurity and defence, global resilience and energy, and health and bio. Portfolio counts 50+ unicorns including Shopify, Canva, Notion, Adyen, Crusoe, Verkada and Skild AI. Industrial deep tech bets include Neuralink, Planet Labs and Astra.