Felix Capital
Felix Capital Partners LLP (FCA FRN 954410) is a London-based venture capital firm founded in 2015 by Frederic Court (ex-Advent Ventures) and Antoine Nussenbaum, investing at the intersection of technology and creativity across B2B SaaS/AI and B2C tech/products. The firm has raised four funds totalling USD 1.2 billion: Fund I (USD 120m, 2015), Fund II (USD 150m, 2017), Fund III (USD 300m, 2020), and Fund IV (USD 600m, June 2022). A Fund V LP was incorporated in December 2024. Felix is Europe's first B Corp-certified VC firm with over USD 1 billion in AUM, certified May 2023.
Felix Capital is a London venture capital firm with €1.1B AUM, 44 active companies and 12 exits.
- ·9 exits in the last 5 years · consistent DPI cadence.
- ·Average hold across 12 realized deals: 4 years.
- ·Fund cadence: ~2Y between vintages · last raise 2021.
Sector breakdown
56 companiesGeography breakdown
13 geographiesKey facts
Recent exits
Felix Capital sold Leocare to Belfius Bank in 2026 after 5 years.
Felix Capital sold PerfectStay to HBX Group in 2026 after 8 years.
Felix Capital sold Unmade to Hi-Tech Apparel in 2024 after 6 years.
Felix Capital sold Yfood to Nestle in 2023 after 3 years.
Coverage notes
4 funds tracked, 56 portfolio companies (44 active · 12 realized). Verified weekly from public filings and deal announcements.
Investment team
Senior partners. Hand-checked from public filings and the firm's own site.
Funds & portfolio
Every fund Felix Capital has raised, with its portfolio companies. Hand-checked from public filings.
Felix Capital Fund IVVC2021€552M27 assetsVC2021 · 5yr€552M27–
Unrealized
27 held| Company | Entry |
|---|---|
| Agave Games Gaming · Turkey | 2024 |
| AKT London Consumer · UK | 2024 |
| Alokai Software · Netherlands | 2023 |
| Ami Paris Consumer · France | 2023 |
| Bioptimus Biotech · France | 2025 |
| Castore Consumer · UK | 2023 |
| Creative Fabrica Consumer · Netherlands | 2021 |
| Dust AI/ML · France | 2024 |
| Effy ClimateTech · France | 2023 |
| Lanch FoodTech · Germany | 2025 |
| Lassie Fintech · Sweden | 2023 |
| Lightspark Fintech · US | 2022 |
| Noah Fintech · UK | 2025 |
| Noissue Consumer · New Zealand | 2021 |
| Origin Benefits HR Tech · UK | 2025 |
| Peppy Health HealthTech · UK | 2021 |
| PerfectTed Consumer · UK | 2025 |
| Pigment SaaS · France | 2023 |
| Prediko SaaS · France | 2022 |
| Pure Pet Food Consumer · UK | 2024 |
| Re-Cap Fintech · Germany | 2021 |
| Residently PropTech · UK | 2022 |
| Sereact Deep Tech · Germany | 2026 |
| TechWolf HR Tech · Belgium | 2024 |
| Ukio PropTech · Spain | 2022 |
| Wordsmith LegalTech · UK | 2024 |
| ZyG E-commerce · Israel | 2026 |
Felix Capital Fund IIIVC2019€276M10 assets4 exitsVC2019 · 7yr€276M104
Unrealized
10 heldRealized
4 exits| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Frichti FoodTech · France | 2017 | 2022 | Trade Sale | Gorillas | – |
| Leocare InsurTech · France | 2021 | 2026 | Trade Sale | Belfius Bank | – |
| Moonbug Entertainment TMT · UK | 2018 | 2021 | Trade Sale | Candle Media | – |
| Yfood FoodTech · Germany | 2020 | 2023 | Trade Sale | Nestle | – |
Felix Capital Fund IIVC2017€138M3 assets5 exitsVC2017 · 9yr€138M35
Unrealized
3 held| Company | Entry |
|---|---|
| Anine Bing Consumer · US | 2018 |
| TravelPerk SaaS · Spain | 2018 |
| Yoobic SaaS · UK | 2017 |
Realized
5 exits| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Highsnobiety TMT · Germany | 2018 | 2022 | Trade Sale | Zalando | – |
| Oatly FoodTech · Sweden | 2018 | 2021 | IPO | – | – |
| Peloton Consumer · US | 2018 | 2019 | IPO | – | – |
| PerfectStay Hospitality · France | 2018 | 2026 | Trade Sale | HBX Group | – |
| Unmade Software · UK | 2018 | 2024 | Trade Sale | Hi-Tech Apparel | – |
Felix Capital Fund IVC2015€110M4 assets3 exitsVC2015 · 11yr€110M43
About Felix Capital
Felix Capital is a UK self-described venture capital firm for the Creative Class with approximately $1.2 billion of assets under management as of December 2024, headquartered in London. The firm was founded in 2014-2015 by Frédéric Court (ex-Advent Venture Partners) and operates as a partner-owned independent B Corp certified VC firm. Felix is Europe's first B Corp certified VC over $1 billion AUM, with four flagship funds (Fund IV closed June 2022 at $600 million).
Investment thesis
Felix Capital deploys capital through four flagship funds (Fund I through IV), targeting early to growth-stage venture capital at the intersection of technology and creativity with cheques from $1-20 million (Series A and B) extending to $50 million for growth rounds. Sector focus spans consumer tech, B2B SaaS and AI, creative industries, fashion and apparel, food and beverage and entertainment and gaming. Geographic deployment is pan-European core with selective North American exposure.
Recent activity
Recent realised exits include food and marketplace (La Ruche Qui Dit Oui, 2025) and food delivery (Deliveroo trade sale, 2025). Recent acquisitions include streaming and entertainment (MUBI follow-on, unicorn round, 2025) plus selective new portfolio additions across consumer tech (2 new investments LTM as of July 2025). The platform continues active deployment across the creative-class thesis.
Frequently asked questions
- What investment strategy does Felix Capital focus on?
- Felix Capital focuses on VC strategies in the private equity space.
- How many portfolio companies does Felix Capital have?
- Felix Capital has 44 active portfolio companies and 12 completed exits and 4 funds tracked on GP Intel.
- Where is Felix Capital headquartered?
- Felix Capital is headquartered in London, United Kingdom.
- What is Felix Capital's assets under management?
- Felix Capital manages approximately €1.1B in assets under management.
- When was Felix Capital founded?
- Felix Capital was founded in 2015.
- What sectors does Felix Capital invest in?
- Felix Capital invests across Consumer, Software, TMT.
- What are Felix Capital's recent exits?
- Recent realized exits by Felix Capital include: Leocare (2026) to Belfius Bank; PerfectStay (2026) to HBX Group; Unmade (2024) to Hi-Tech Apparel; Yfood (2023) to Nestle; Frichti (2022) to Gorillas; Highsnobiety (2022) to Zalando; Moonbug Entertainment (2021) to Candle Media; Olapic (2016) to Monotype.
Similar firms
Other private equity firms tracked on GP Intel.