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New Enterprise Associates is up to its neck in initial public offerings these days. But even for NEA, a chipmaker IPO isn't exactly common.

One of the Chevy Chase-based venture capital firm's portfolio companies, Milpitas, Calif.-based Aquantia Corp., this week  announced a $16 million Series G financing led by Xilinx Inc., a possible prelude to a public offering for the decade-old semiconductor company, an executive  told The Wall Street Journal.