---
title: "June 2025 Mega Fund Close: Felicis Closes $900M Fund X for AI-First Investing"
description: "Menlo Park-based Felicis closed its tenth fund at $900 million on June 13, 2025, targeting AI-first platforms, cybersecurity, defense, energy, and healthtech at seed and Series A."
date: 2025-06-13T00:00:00.000Z
tags: ["fund-close", "2026-vc-news", "venture-capital", "market-analysis", "startup-funding"]
source: https://venturecapitaltracker.com/nyc-vc-fund-news-2025-06-13-felicis-900m-fund-x
---

# June 2025 Mega Fund Close: Felicis Closes $900M Fund X for AI-First Investing

> Menlo Park-based Felicis closed its tenth fund at $900 million on June 13, 2025, targeting AI-first platforms, cybersecurity, defense, energy, and healthtech at seed and Series A.

Felicis closed **Fund X at $900 million** on June 13, 2025 — one of the largest seed/Series A vehicles closed in June 2025 globally.

## Key facts

- **Firm:** Felicis
- **Date announced:** June 13, 2025
- **Fund:** FV X (10th fund)
- **Size:** $900 million
- **Stage:** Seed and Series A (lead or co-lead)
- **HQ:** Menlo Park + San Francisco
- **Founded:** 2006

## Investment themes

AI-first companies (horizontal platforms + vertical apps), cybersecurity, broad infrastructure, global resilience (defense, energy), health and biotech.

## Track record highlights

- **50+** companies now valued at $1B+
- **125+** acquisitions or IPOs
- **$220B+** portfolio market value captured
- Top 8 VC firms backing **8 mega-unicorns** ($5B+ exits) at Seed/A/B in last decade

## Team

Aydin Senkut, Viviana Faga, Sundeep Peechu, Victoria Treyger, Niki Pezeshki, Astasia Myers

## Why this matters for NYC founders

Felicis actively invests in NYC companies and sets the bar for **multi-thesis seed/Series A** deployment in AI, defense, and health — relevant for NYC founders raising alongside local funds like Boldstart and Betaworks.

## Sources

1. VCWire (June 13, 2025): https://vcwire.tech/2025/06/13/felicis-closes-10th-fund-at-900m/