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 selectionnomura-real-estate-development-co-f095adde
An early-stage venture firm with recorded investments spanning AI evaluation, industrial software and defense technology.
Investment approach
Felicis backs technology founders, with a strong emphasis on early investment. The firm reports that 94% of its investments are at seed or Series A. Its support can continue as companies grow: it describes leading Arena’s Series A after investing in the seed round.
Companies represented in RoundOS
The recorded funding announcements include Arena, which uses human comparisons to evaluate AI models; Magentic, which builds software for work in physical industries; and Smack Technologies, which develops AI for national security. Felicis discusses all three in its own investment materials. The round history below covers the announcements captured by RoundOS; Felicis maintains its broader company portfolio on its own website.
Sources
- Rounds participated in
- 21
- Confirmed lead rounds
- 1 19 roles undisclosed
- New companies
- 19 First participation on record · 2 follow-on
- Funding in participating rounds
- $3.9B 21 disclosed · full round size, not this investor’s share
By stage
By primary sector
3 more
Cybersecurity1
Developer tools1
Hardware1
By country
Rounds
21 in this selectionMagentic
Magentic builds AI agents that automate procurement and supplier workflows for global manufacturers.
$18MSeries A
LeadSmack 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 disclosedSingularity
Building a safer world by deploying low-cost air defense systems at scale
$80MSeries A
Role not disclosedRunlayer
Provides an AI enablement and governance platform giving enterprises secure control over AI agents
$30MSeries A
Role not disclosedAssort Health
Provides AI-powered patient journey platform for healthcare organizations
$120MSeries C
Role not disclosedEnt
Provides intent-aware workspace security platform that prevents AI-era threats across human and AI agent actions
$100MSeed
Role not disclosedSupabase
Provides open source Postgres development platform for agentic infrastructure
$500MSeries F
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 disclosedCondor Software
Provides financial intelligence platform for life sciences companies to unify clinical operational and financial data
$24MSeries A
Role not disclosedORO Labs
Provides procurement orchestration platform for global enterprises
$100MSeries C
Role not disclosedStandard Kernel
Uses AI to generate highly optimized GPU kernels for improving AI workload performance
$20MSeed
Role not disclosedSmack Technologies
Frontier AI lab building domain-specific decision-making models for the military
$32MSeries A
Role not disclosedRevel
Unified software platform for hardware test and control
$150MSeries B
Role not disclosedEntire
Offers tools to manage and review AI-generated code for developers
$60MSeed
Role not disclosedRicursive Intelligence
Builds a next-generation platform that closes the recursive feedback loop between AI models and t...
$300MSeries A
Role not disclosedSkild AI
Building a unified robotics foundation model for controlling robots
$1.4BUndisclosed
Role not disclosedArena
Arena evaluates AI models through comparisons and observations of how people use them in real tasks.
$150MSeries A
Role not disclosed