Blog

  • Fishing Scheme: Artificial Intelligence for an Authentic Solution

    At NEA, we are constantly on the lookout for talented entrepreneurs, and unique applications of innovative technologies. Sometimes we are fortunate enough to find both in the same place—as we did with Bryton Shang and Aquabyte.   Today, we are thrilled to announce our investment in Aquabyte, a startup applying computer vision and machine learning models to optimize fish farming efficiency. My partner Greg Papadopoulos and I are leading this investment on behalf of NEA. Having a…

  • You Should Make an App for That

    I remember listening skeptically to a talk at MIT by a young Mitch Kapor describing how he was going to take on VisiCalc with an even better “graphical spreadsheet” that was going to be so fast and expressive that people would go beyond way bookkeeping and “build really interesting models and do all kinds of business analysis.” It was late 1981—IBM had just introduced its first PC to compete with the Apple II—and just a few months later, Mitch and Jonathan…

  • True Partnership: Our Approach to Healthcare Innovation and Company Building

    NEA will invest more than $1.25B in healthcare companies in the next three years. Here's what you should know.  As a global, diversified VC firm with more than $20B in committed capital, we believe that size confers some distinct advantages. But after almost a decade as part of NEA’s healthcare practice, I’ve learned that our scale isn’t always well understood. The breadth of our activity can obfuscate the depth of our expertise. From the perspective of an…

  • Brandless:  Disrupting Everything in Consumer Packaged Goods

    “Make it simple, but significant.”  – Don Draper, Mad Men, 2010 I am excited to announce our recent investment in Brandless, a bold new consumer packaged goods (CPG) company that officially launched today.  Brandless’ mission is simple but significant: offer health-conscious products at a disruptively low price point that can’t easily be replicated by established CPG conglomerates.  Over the past several decades, consumers have grown to believe that…

  • Why Table Stakes Matter in Manufacturing Tech: Our Investment in Tulip

    Last summer, as a guest of a large industrial conglomerate, we took a week in steamy August to visit several factories—including power and lighting facilities in the Carolinas. We expected to see factories exemplary of the future manned by robots and fully automated with digital screens and wearable devices.  At NEA, we’ve invested in several companies that are relevant within these environments including Upskill, which offers a platform for leveraging wearables in the…