Felicis Ventures raises a new $70 million seed fund

Felicis Ventures, a Palo Alto, Calif.-based venture fund started by early Google employee Aydin Senkut has raised a new $70 million fund. The investment group is well known for its investments in Angry Birds’ parent, Inkling and Shopify. This is their second institutional seed fund.

Aydin Senkut on His New Fund & Cultural Changes at Google

Aydin Senkut, an early employee at Google, was the company’s first product manager, then its first head of international sales. He’s has now been an angel investor for four-and-a-half years and recently closed a fund of about $40 million at Felicis Ventures.

Aydin Senkut Raises Early Stage Fund

Aydin Senkut, a well known angel investor and ex-Googler has closed a new $40 million fund for his Palo Alto, Calif.-based four-year-old investment firm, Felicis Ventures. The fund will invest in very stage startups including those focused on consumer Internet and mobile sectors.

Frothy Times for Web Angel Investing

A long list of investors putting money in a jumbo-seed round earlier than ever is not uncommon these days. It’s not that there’s too few investments driving up demand; to the contrary, there are many young companies taking lots of money from lots of investors.