BioCentury
ARTICLE | Financial News

Invitae raises $120M in F round

October 14, 2014 2:08 AM UTC

Invitae Corp. (San Francisco, Calif.) raised $120 million in a series F round to build out its one-stop genetic testing service.

The company aims to aggregate a complete catalog of genetic diagnostic tests and offer them via a fee-for-service model. Its catalog includes tests for disorders in cardiology, hereditary cancers, pediatric genetics, neurology and hematology. The company plans to spend the new money on infrastructure and to expand globally. It has existing partnerships in Brazil, Mexico, Israel and the U.K. ...