Google Invests in Biotech Startup of Co-Founder's Wife
Google has taken a small stake in a biotech company that was co-founded by the wife of one of Google's founders, Sergey Brin, Google said in a U.S. regulatory filing.
Google said the company allows consumers to learn about their genomic makeup.
Google said it had invested $3.9 million in the company, called 23andMe, giving the Mountain View, California-based Google a minority stake in the start-up, according to a filing with the U.S. Securities and Exchange Commission.
The initial round of outside funding in 23andMe includes venture capital firms New Enterprise Associates and Mohr Davidow Ventures and Genentech .
Anne Wojcicki, co-founder of 23andMe, was married earlier this month to Brin, Google's co-founder and president.