Three powerhouse venture capital firms are pulling back the curtain on their 2026 investment strategies. Index Ventures, Greylock, and Felicis will reveal their sectors of focus and what's driving the 'smart money' decisions at TechCrunch Disrupt 2025, giving founders rare direct insight into how the next wave of investments is being shaped.
The venture capital landscape is shifting, and three of Silicon Valley's most influential firms are ready to show their cards. Index Ventures, Greylock, and Felicis are sending their top partners to TechCrunch Disrupt 2025 to discuss where they're placing their biggest bets for 2026 and beyond.
The Builders Stage panel brings together three seasoned investors with distinctly different investment philosophies but overlapping interests in the technologies reshaping entire industries. Index Ventures' Nina Achadjian has built her reputation around automating overlooked industries, particularly through AI, robotics, and vertical SaaS solutions. Her firm's portfolio includes companies that have transformed everything from construction to agriculture through targeted automation.
Greylock's Jerry Chen takes a different approach, focusing on product-driven founders who are building the infrastructure layer of tomorrow's tech stack. His investments span AI, data platforms, cloud infrastructure, and open-source technologies - the fundamental building blocks that other companies will build upon. Chen's track record includes backing some of the most successful developer-focused companies of the past decade.
Meanwhile, Felicis' Viviana Faga brings two decades of go-to-market expertise to the table, specializing in SaaS companies that create entirely new categories. Her focus on brand strategy and market positioning has helped portfolio companies not just grow, but define new spaces in competitive markets.
The timing of this panel couldn't be more critical. Venture funding patterns are evolving rapidly as AI transforms traditional investment categories. According to recent PitchBook data, AI-focused startups raised $29.1 billion in Q2 2025 alone, but VCs are becoming increasingly selective about which AI applications will have staying power.
"We're past the phase where slapping 'AI' on your pitch deck gets you funded," one industry insider noted recently. The focus has shifted to practical applications that solve real business problems - exactly the kind of opportunities these three firms have been identifying.