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Recent Financings of Private Companies (09/2009)

Each month, Start-Up presents a comprehensive review of young, private life science companies that have received venture funding during the month, including companies in the pharmaceutical, medical device, diagnostic and research instrumentation & reagent sectors.

June—23andMe (genetic testing) has raised $12.6mm of a proposed $24.3mm Series B venture round. There were two investors--Google invested $2.6mm and Sergey Brin, one of the Internet company's founders and husband of 23andMe co-founder Anne Wojcicki, provided the rest.

Google has a minority interest in 23andMe (it invested a total of $7mm to date) and will lease the start-up...

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