New Enterprise Associates (NEA)

Venture capital firm
Menlo Park, CA

Strategy

Stages
SeedSeries ASeries BGrowth
Sectors
AIEnterpriseHealthcareFintechConsumer
Geographies
USAMenlo Park, CA
Check size
$500K-$100M

Portfolio

4 total

Sector / Stage Activity

By sector (portfolio)
AI infra
3 · 75%
Fintech
1 · 25%

Co-Investors

12

Latest Pulse

Pulse coverage →
  1. P-1 AI Raises $50M to Automate Engineering DesignP-1 AI raised a $50M Series A led by NEA for Archie, an AI agent that performs mechanical and electrical design work -- one of the few funding stories this week aimed at industrial engineering rather than software.
  2. TwelveLabs Raises $100M to Build Video SuperintelligenceTwelveLabs raised a $100M Series B co-led by NEA and NAVER Ventures to expand beyond video-understanding models into a full-stack agentic system combining perception, knowledge and reasoning for video.
  3. Bezos Backs CuspAI's $450M Round to Hunt Chip MaterialsCuspAI raised a $450 million Series B at a $2.6 billion valuation, roughly five times its mark nine months ago, with Bezos Expeditions joining Kleiner Perkins and NEA as the Cambridge startup launches an AI Materials Foundry with Nvidia and Meta.
  4. TwelveLabs Raises $100M Series B to Build 'Video Superintelligence,' Deepens AWS PartnershipTwelveLabs closed a $100 million Series B on July 1, co-led by NEA and Naver Ventures with Amazon participating directly, pushing total funding above $200 million. The company builds foundation models that understand video the way humans do, and is expanding from video-understanding models into a full-stack agentic system combining perception, knowledge and reasoning, while committing AWS Trainium as its preferred inference chip.
  5. Serial Founder Bhavin Turakhia Bets $30M of His Own Money on an AI Alternative to Microsoft OfficeIndian serial entrepreneur Bhavin Turakhia is self-funding $30 million into Neo, a new enterprise software company betting that workplace productivity tools designed before the AI era need to be rebuilt from scratch rather than upgraded with bolted-on chatbots. Turakhia, who has previously co-founded Directi, Radix, Titan and banking software firm Zeta — largely bootstrapping each with his own capital before bringing in outside investors — told TechCrunch he sees the AI shift as significant enough to justify a ground-up rebuild of office software.

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