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Good Start Genetics Raises Series A Financing

Monday, September 13, 2010 5:59:00 AM PDT | VentureDeal Staff

Boston, Massachusetts  --  Biotechnology equipment company Good Start Genetics has secured $18 million in its first round of venture capital funding.

Good Start has created DNA sequencing technology that it says delivers a "higher detection rate and improve clinical performance" versus current screening methods.

Lead investors in the round where OrbiMed, Safeguard Scientifics and SV Life Sciences. The company said it would use the financing proceeds to continue development and initially launch its pre-pregnancy genetic test.

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