Google puts USD2.6m into biotech startup

Tags: Google Inc., Biotechnology, 23andMe, Sarah Vizard

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2009-06-21 18:00:58.0

Google is investing a further USD2.6m in 23andMe, the privately-held biotech startup launched by the wife of Google co-founder Sergey Brin.

The deal raises Google’s total investment in the firm to USD7m. Google continues to hold a minority interest in 23andMe, and has also agreed to lease some of its office space to the company.

Co-founded by Anne Wojcicki in 2006, 23andMe charges customers USD399 for a scan and analysis of their DNA. The results can show if a person has a genetic predisposition to certain diseases, such as Parkinson’s.

StrategyEye's related categories: Finance - Venture Capital

StrategyEye's related companies: 23andMe, Google

 

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