The U.S. Food and Drug Administration (FDA) has informed 23andMe to halt their genetic test. The genetic test was used for predicting the chances of diseases. Apparently, the personalized DNA test kits said that 23andMe failed to show that the technology is backed by science.
Anne Wojcicki Posts
Yuri Milner is a Russian billionaire that has led a $50 million round in 23andMe. Milner is known for investing in big tech companies like Facebook and Zynga. 23andMe is a startup that was co-founded by the wife of Google co-founder Sergey Brin, Anne Wojcicki. 23andMe helps people determine their genetic makeup. 23andMe is named after the 23 pair of chromosomes that make up a person’s genome.
I have only seen Google co-founders Sergey Brin and Larry Page wearing the Google Glasses on talk shows and interviews. However Brin allowed California Lieutenant Governor Gavin Newsome wear it on his show airing on Current TV.
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Google Inc. (NASDAQ:GOOG) co-founder Sergey Brin has made a $500,000 grant to Wikipedia. Wikipedia is attempting to raise $28.3 million for its annual budget. The donation was made as part of a foundation created by Sergey and his wife Anne Wojcicki.
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23andMe is a personal genetics company that was co-founded by the wife of Google co-founder Segrey Brin, Anne Wojcicki. The company has raised a $22 million third round of funding from Johnson & Johnson Development Corporation, New Enterprise Associates, and Google Ventures. 23andMe was founded in 2006 with the goal of helping people understand their genetics through DNA analysis technologies.
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Genetic testing company 23andMe has raised $28 million in Series B according to a company regulatory filing. The company raised $11 million of the Series B round of funding back in May and raised the rest of it recently. The company initially planned to raised $24.26 million. 23andMe was founded by Anne Wojcicki and Linda Avey. Avey recently quit the company but remained on the board of directors. 23andMe’s Series A round of funding was provided by Google, Genentech, Mohr Davidow Ventures (MDV), and New Enterprise Associates. MDV sold their stake back to 23andMe and invested in another rival company called Navigenics.
Creative Commons has received $500,000 from 23andme co-founder Anne Wojcicki and Google co-founder Sergey Brin.
“We are delighted that the couple recognizes the importance of Creative Commons and has decided to invest in our work to support sharing, collaboration, and the spread of knowledge and creativity,” stated Melissa Reeder of Creative Commons on the company blog. “This gift – made in addition to the financial support that Google offers CC annually – will be used to support Creative Commons generally, with a focus on developing our Science Commons project, which Wojcicki and Brin are particularly excited about.”
Lawrence Lessig, the Creative Commons founder stepped down from the company last year to focus on Change Congress. Around the time that Lawrence left, Creative Commons received a $4 million grant from the William and Flora Hewlett Foundation.
Interestingly ValleyWag points out that Creative Commons is chaired by Esther Wojcicki, the mother of Anne. Google also employs Esther as an educational consultant. Sounds like Brin likes to keep business and family together.
Google has reported to the Securities and Exchange Commission that they have invested $2.6 million in the genetic testing startup 23andMe as part of a Series B round of funding. 23andMe was co-founded by Google co-founder Sergey Brin’s wife Anne Wojcicki.
It is uncertain whether the deal was made directly through Google or through their Ventures subsidiary. The $2.6 million round of fund was part of a $12.6 million Series B round. The other $10 million came from Sergey Brin’s personal wealth of $12 billion. This brings 23andMe’s total funding to about $21.6 million. Other investors include Genentech, New Enterprise Associates, and Mohr Davidow Ventures.
Google owns a minority interest in 23andMe and also plans to lease space to the genetics company. Google wrote in the filing that they took measures to ensure the decision before investing to make the agreement was free of conflict of interest. Sergey Brin was not part of the investment discussions according to Google CEO Eric Schmidt.