Arena
Arena evaluates AI models through comparisons and observations of how people use them in real tasks.
$200MSeries B
ParticipantF
Felicis
felicis.com ↗Activity from announced rounds
Activity in this selectionSeries B
Felicis primarily invests at seed and Series A, often leading or co-leading rounds, across AI, cybersecurity, defence, energy, resilience and healthcare technology.
The firm allocates 1% of each initial investment to founder support, including coaching and personal development. This is a specific budget for the founder’s ability to lead as the organisation grows.
Felicis also makes a public commitment to vote with founders. Its combination of early lead investing and founder development is relevant to entrepreneurs choosing a first institutional partner who will influence both financing and board decisions.
Sources
- Rounds participated in
- 8
- Confirmed lead rounds
- 0 7 roles undisclosed
- New companies
- 6 First participation on record · 2 follow-on
- Funding in participating rounds
- $991M 8 disclosed · full round size, not this investor’s share
By stage
By primary sector
By country
Rounds
8 in this selectionSmack Technologies
Frontier AI lab building domain-specific decision-making models for the military
$61MSeries B
Role not disclosedHeaviside Industries
Builds autonomous precision munitions platforms for air, land, and sea forces
$60MSeries B
Role not disclosedBunkerhill Health
Bunkerhill Health builds an agentic AI platform for health systems to turn their ideas into reality
$25MSeries B
Role not disclosedArmada
Builds modular edge AI data centers for remote, industrial, and defense environments
$230MSeries B
Role not disclosedFractile
Builds custom inference chips designed to run frontier AI models faster by co-locating memory and compute
$220MSeries B
Role not disclosedSona
Provides AI platform for frontline enterprises to manage operations and workforce
$45MSeries B
Role not disclosedRevel
Unified software platform for hardware test and control
$150MSeries B
Role not disclosed