Venture Capital Firm Felicis Attracts $900M Investment, Predicts Growth of $100B AI Startups This Decade

Capitalising on the explosive growth in AI, Felicis Ventures has secured $900M for its Fund X, in a stellar display of optimism for the potential of artificial intelligence. The fund accumulation, which boldly defies current market challenges, marks the largest purse for the venture capital firm to date. A clear indicator of the increasingly competitive landscape in the early-stage venture firm segment, seeing them lock horns with larger multi-stage firms for market share.

A significant 70% of Felicis’ active portfolio is dedicated to AI native companies. The firm’s hefty investment in the capital-intensive AI field offers an intriguing snapshot of the investment category that could define the upcoming decade.

Felicis’ latest fund marks its place among the biggest venture funds procured this year, as documented by PitchBook data. The company’s investment strategy transcends beyond AI, reaching into the realms of cybersecurity, broad infrastructure, defense, energy, health and biotech. The hunt towards identifying the next big tech unicorn is evidently in full swing.