Japan's JIC and NEA deepen partnership with a healthcare and life sciences tilt

Japan Investment Corporation and US venture firm NEA, partners for six years with more than 350 meetings with startups, GPs and officials, will put more weight on healthcare and life sciences. JIC was an LP in NEA 18 and NEA 19 and manages 1.65 trillion yen ($11.4 billion). The tie-up is part of JIC's 'Go Global' push to use overseas fund commitments to pull global VC expertise into Japan.