Good Start Genetics Secures $14,000,000 Series B Financing

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1f8eb541-0a84-488f-8c6a-39433161505f&Preview=1
Date
4/2/2012
Company Name
Good Start Genetics
Mailing Address
237 Putnam Avenue Cambridge, MA 02139
Company Description
Good Start Genetics’ advanced DNA sequencing technology is designed to deliver a higher detection rate and improved clinical performance compared to currently available screening methods.
Website
http://www.goodstartgenetics.com
Transaction Type
Venture Equity
Transaction Amount
$14,000,000
Transaction Round
Series B
Proceeds Purposes
Proceeds from this financing will be used to augment commercial efforts for the Company’s pre-conception carrier screening tests, and to support continued R&D efforts around its proprietary technology platform for future applications.
M&A Terms
Venture Investor
OrbiMed Advisors
Venture Investor
Safeguard Scientifics
Venture Investor
SV Life Sciences