The VC firm behind Shopify is doubling down on robotics and defense
Felicis has hired Graham Littlehale as a partner focused on hard-tech startups.His purview spans robotics, defense, aerospace, energy, and manufacturing.The hire comes as venture firms renew their interest in hardware and physical AI.Hard tech used to be a hard sell in Silicon Valley. Now, a major venture firm is staffing up to invest in it.Felicis, the Bay Area venture capital firm best known for bets on Shopify, Notion, and Mercor, has hired Graham Littlehale as a partner to invest in aerospace, defense, energy, manufacturing, and robotics, the firm told Business Insider.Littlehale joins from Point72 Ventures, where he was an early member of its national security investing team.
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Felicis has hired Graham Littlehale as a partner focused on hard-tech startups.His purview spans robotics, defense, aerospace, energy, and manufacturing.The hire comes as venture firms renew their interest in hardware and physical AI.Hard tech used to be a hard sell in Silicon Valley. Now, a major venture firm is staffing up to invest in it.Felicis, the Bay Area venture capital firm best known for bets on Shopify, Notion, and Mercor, has hired Graham Littlehale as a partner to invest in aerospace, defense, energy, manufacturing, and robotics, the firm told Business Insider.Littlehale joins from Point72 Ventures, where he was an early member of its national security investing team. His investments there included Stoke Space, which is developing reusable rockets, and Rune Technologies, which builds software for military logistics.The hire signals that Felicis is doubling down on companies building for the physical world. The firm has already backed CoreWeave, which provides AI companies with access to advanced chips; Crusoe, which develops AI data centers; and Skild AI, which is building a general-purpose "brain" for robots."The physical world is entering its own software moment," said Aydin Senkut, an early Google employee who founded Felicis two decades ago.
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- Felicis has hired Graham Littlehale as a partner focused on hard-tech startups.His purview spans robotics, defense, aerospace, energy, and manufacturing.The hire comes as venture firms renew their interest in hardware and physical AI.Hard tech used to be a hard sell in Silicon Valley. Now, a major venture firm is staffing up to invest in it.Felicis, the Bay Area venture capital firm best known for bets on Shopify, Notion, and Mercor, has hired Graham Littlehale as a partner to invest in aerospace, defense, energy, manufacturing, and robotics, the firm told Business Insider.Littlehale joins from Point72 Ventures, where he was an early member of its national security investing team.
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The VC firm behind Shopify is doubling down on robotics and defense
Sources1TypeCoverageBusiness Insider