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Future of British Business

Oatly-Backer Felix Capital Doubles Funds With $600 Million Raise

  • Closure of fund doubles committed capital to over $1.2 billion
  • Felix has backed companies including Peloton and Deliveroo

Venture investor Felix Capital has raised its fourth fund of $600 million, giving it additional capital to deploy at a time when plunging technology valuations have some firms seeing attractive opportunities for deal-making. 

The closure of the latest fund doubles Felix’s total committed capital to more than $1.2 billion, and will be used to back companies across Europe and North America, according to a statement. London-based Felix Capital also plans to increase its investments in startups developing technologies around crypto-currencies and blockchains.