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How much of NEA’s new, $3.1 billion fund will finance healthcare companies? A third, perhaps.

By April 16, 2015No Comments
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Venture firm New Enterprise Associates made some massive waves today on news that it’s closed its fifteenth – and largest – fund, which holds $3.1 billion. And a huge swath of that – 30 to 40 percent, according to Fierce – could likely be allocated to the healthcare space.

MedCity News reported initially on NEA’s plans to raise funds – it filed a document with the SEC in January indicating a $2.5 billion fundraise:

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