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NEA Partners holds first closing of NEA III

NEA Partners has completed the first closing of its third fund, NEA III, with SEK730 million (£53.28m) in capital commitments from around 100 Swedish entrepreneurs and investors, as well as institutional capital from actor investor Nordea. 

NEA Partners has completed the first closing of its third fund, NEA III, with SEK730 million (£53.28m) in capital commitments from around 100 Swedish entrepreneurs and investors, as well as institutional capital from actor investor Nordea. 

The new fund will continue the strategy of previous NEA funds by making minority investments in entrepreneur-led growth companies. 

Since its inception in 2017, NEA Partners has invested in more than 20 companies through the NEA I fund (2017 vintage) and the NEA II fund (2020 vintage). 

Nordea is already an investor in NEA II and will invest in NEA III through Nordea Private Banking and Nordea Life & Pension.

 

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