NEA

About NEA

Venture capital investment firm

Recent News about NEA

• Clockwork.io raises $31M to harden AI GPU infrastructure

  Clockwork.io announced a $31 million funding round on October 5, 2026, to expand its fault-tolerance software for large AI GPU clusters. LinkedIn, Together AI and WhiteFiber are already using its LinkPass and TorchPass tools to prevent tens of thousands of GPU-hours of downtime each month.([techfundingnews.com](https://techfundingnews.com/clockwork-io-lands-31m-to-eliminate-wasted-gpu-hours-with-ai-infrastructure-fault-tolerance/))

  Source: PR Newswire2026-10-05T13:00:00.000Z

• CuspAI secures $450M Series B to launch global AI materials foundry

  UK startup CuspAI has raised $450 million in a Series B round valuing the company at about $2.6 billion. On July 20–21, 2026, outlets including Sifted, Reuters and The Star reported that the round, led by Kleiner Perkins and NEA with backing from Jeff Bezos and the UK government, coincides with the launch of CuspAI’s AI Materials Foundry, a 45‑plus member network including Nvidia and Meta. The company says the funds will scale its MIRA platform and foundry network across Europe, the US and Asia.

  Source: Sifted2026-07-20T11:00:00.000Z