NEA closes health and tech VC funds at combined $6.2bn

New Enterprise Associates has closed two tech and health-focussed venture capital investments funds with approximately $6.2 billion in capital commitments, bringing the firm’s assets under management to over $25 billion as of 31 December, 2022. 

New Enterprise Associates (NEA) has closed two tech and health-focussed venture capital investments funds with approximately $6.2 billion in capital commitments, bringing the firm’s assets under management to over $25 billion as of 31 December, 2022. 

One of the new funds will be dedicated to early-stage investing and the other to 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. Investing activities will span the entire lifecycle of company building, from incubation and seed-stage investments to fueling the growth of market leaders.