Global venture capital firm New Enterprise Associates closed on approximately $6.2 billion across two funds, bringing the firm’s assets under management to over $25 billion as of December 31, 2022.
One fund is dedicated to early-stage. The other is focused on venture growth-stage opportunities.Both funds will be invested across a broad range of technology and healthcare sectors, including enterprise and consumer technology, digital health and life sciences. Consistent with the firm’s strategy over many funds, investing activities will span the entire lifecycle of company building, from incubation and seed-stage investments to fueling the growth of market leaders.Founded in 1977, NEA has over $25 billionin assets under management as of December 31, 2022 and invests in technology and healthcare companies at all stages in a company’s lifecycle, from seed stage through IPO. The firm’s long track record of investing includes more than 270 portfolio company IPOs and more than 450 mergers and acquisitions. 26/01/2023
