Intrexon Raises $1M in VC Cash for Subcellular Genetic Tools

Blacksburg, Va.-based Intrexon said this week that it has closed a $1 million round of financing to advance its subcellular tools and related marketing initiatives.

The financing was provided by NewVa Capital Partners, a regional investment partnership managed by Third Security. NewVa last made an investment in Intrexon in May 2005.

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Technology Review reports that 2017 was the year of consumer genetic testing and that it could spur new analysis companies.

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