News

23andMe, headquartered in South San Francisco, went public during the short lived SPAC heyday in 2021 and quickly reached a valuation of $6 billion. 23andMe was among the more notable startups ...
By the numbers: 23andMe, which went public via SPAC in 2021 at a $3.5 billion valuation, listed $277 million in assets and $215 million in liabilities. It also secured $35 million of DIP financing ...
Once worth $6B after its SPAC merger in 2021, 23andMe (NASDAQ:ME) has filed for bankruptcy protection, with a current market valuation of just under $50M. The company led by Anne Wojcicki had ...
Leaving aside that in 2023, 23andMe disclosed a data breach that exposed the personal information of 6.9 million customers, there’s obviously no guarantee that any potential buyer will share its ...
Lawmakers grill 23andMe CEO about risks for customers ahead of bank­ruptcy sale BY Christina Santucci Washington, D.C. PUBLISHED 3:06 PM ET Jun. 11, 2025 ...
The genetic testing company 23andMe has filed for Chapter 11 bankruptcy, raising concerns about the security of customer genetic data, according to the Associated Press. Despite the bankruptcy ...
RICHMOND, Va. — Earlier this week, the ancestry company 23andMe announced it had filed for Chapter 11 bankruptcy protections. The news is sparking security concerns about the data for the ...
Popular DNA research company 23andMe has filed for Chapter 11 bankruptcy protection. If you sent in your saliva to learn about your ancestry or health, you may want to delete that data soon before ...
Since 23andMe filed for bankruptcy in March, 1.9 million of its 15 million DNA testing customers have asked the company to delete their data, interim CEO Joe Selsavage told federal lawmakers on ...
When 23andMe went public in 2021, its market value rocketed to nearly $6-billion. In the first nine months of this fiscal year, the company reported losses of $174-million.
23andMe CEO Anne Wojcicki joined a $30 million investment round for Helium Health, an African healthcare technology financing company, TechCrunch reported June 5. Helium Health originally started ...