23andMe Raises At Least $11 Million

Personalized genetics company 23andMe Inc. has secured $11 million of a $24.26 million venture round, according to a regulatory filing.

This is the company co-founded by Anne Wojcicki, wife of Google co-founder Sergey Brin, which had raised around $9 million in Series A funding from Google, Genentech, New Enterprise Associates and Mohr Davidow Ventures. Probably best described as one part personalized medicine, one part online informatics.

No investor info is disclosed on the filing, including if any new Google money would have come from Google.org or Google Ventures. The latter’s Rich Miner said Friday that all future Google venture investments would come from Google Ventures, but given that this is a legacy deal…

We do know, however, that the 23andMe website currently lists just Google and New Enterprise Associates as investors. A source tells us that Mohr Davidow Ventures sold its small stake back to 23andMe after investing in rival startup Navigenics. No word on what may, or may not, have happened to the Genentech piece.


Leave a Reply

PE HUB Community

Join the 12514 members of PE HUB to make connections, share your opinion, and follow your favorite authors.

Join the Community

Look Who’s Tweeting

PE HUB News Briefs

RSS Feed Widget

VCJ Headlines (subscribers only)

RSS Feed Widget

Buyouts Headlines (subscribers only)

RSS Feed Widget