In the Run 3 upgrade of ATLAS experiment, the FELIX (Front-End LInk eXchange) system has been prepared as the interface between front-end electronics and common Data Acquisition (DAQ) systems. Based on a PCIe card hosted in commodity server, FELIX's flexibilty makes it has also been adopted by other experiments, such as the Single-Phase ProtoDUNE (Prototype for the Deep Underground Neutrino Experiment), sPHENIX and CBM experiments. The same PCIe based architecture is proposed for use in the ATLAS HL-LHC (High Luminosity Large Hadron Collider) upgrade and the DUNE experiment. To this end, the next generation of FELIX I/O card FLX-801 has been developed. It supports 25+ Gbps high speed fiber optical links and 16-lane Gen4 PCIe interface. There is an on-card DDR4 module to buffer event data for DUNE experiment. This paper reports on the test results for the demonstrator of this next generation card, with which main functions have been successfully evaluated.