London-based VC firm Felix Capital has closed its fourth fund at €562 million. The biggest fund, since its launch in 2015, takes the total managed by the VC to $1.2 billion.
The newly unveiled fund will support 20-25 companies across Europe and selectively in North America. One key area the firm hopes to grow into is Web3.
Operating at the intersection of tech and creativity, focusing on innovations that enable digital lifestyles, Felix wants to partner with entrepreneurs for ground-breaking ideas and help them build trusted brands that push the world forward. The firm will invest in every key aspect of people’s personal lives, including food, shopping, health, wellness, personal finance, entertainment, communication, or gaming.
Felix’s founder and managing partner Frederic Court said: “We have built a portfolio in line with that strategy, backing emerging and culturally relevant consumer brands, as well as related enabling technologies that support them. We are proud of the growing community of founders who have trusted us, as we expanded our thematic lens across the transformation of the key segments of our personal and professional lives.”
Felix’s portfolio includes the likes of Mejuri (jewellery), YFood (nutrition), Highsnobiety (media), Everdrop (sustainable CPG), ANINE BING (fashion), platforms such as Moonbug (kids entertainment), TravelPerk (travel), SellerX (Amazon brands), and enabling technologies and software such as Mirakl (eCommerce SaaS), Lightspark (payments), Juni (SMB banking), and Peppy (health).