Felicis Closes Fund at $40M

8/16/10

Former Googler Aydin Senkut has closed fundraising for Felicis Ventures, super-angel/micro-VC fund, at $40 million, according to reports over the weekend in VentureBeat, the Wall Street Journal, and other publications. That’s more than the $30 million Senkut said he intended to raise in a regulatory filing in June. Limited partners in the fund include both institutional investors and high-net-worth individuals such as hedge fund manager Peter Thiel, according to reports. Senkut, an active angel investor since 2005, told the Wall Street Journal he raised the fund “because he wants to shift from being a minority investor in start-ups to taking majority stakes more often.”

Wade Roush is Chief Correspondent and Editor At Large at Xconomy. You can subscribe to his Google Group or e-mail him at wroush@xconomy.com. Follow @

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