Google invests in biotech company, 23andme, to form genetic database
Updated
In one of the more eye-opening investment moves we’ve seen lately, Google has invested $3.9 million into a biotech company run by Google co-founder Sergey Brin’s new wife.
VentureBeat’s life sciences blogger, David Hamilton, who formerly covered biotech for the WSJ, has done some digging and has the full story (see here).
Called 23andme, the Mountain View, Calif. company is run by Anne Wojcicki. It lets people take DNA tests to find out about themselves, and even… Continue Reading
Google, Genentech fund personal-genetics startup 23andMe
(UPDATED: see below.) 23andMe, a stealthy Mountain View, Calif., “personal genetics” startup, has raised a first round of funding from some heavy hitters — Google, Genentech and two blue-chip VC firms, Mohr Davidow Ventures and New Enterprise Associates.
That’s some significant megatonnage for a low-profile and potentially controversial startup, although it all starts to make sense once you realize that Google co-founder Sergey Brin is newly married to 23andMe co-founder Anne Wojcicki. In addition, Genentech CEO Art… Continue Reading