GenePeeks Receives $3M Venture Loan from HTFC

GenePeeks, Inc., a Cambridge, MA and New York, NY-based genetic information company focused on reproductive risk prediction, received a $3m venture loan from Horizon Technology Finance Corporation (NASDAQ: HRZN).

The company intends to use the proveeds to support its growth.

Led by Anne Morriss, CEO, GenePeeks is a genetic information company focused on identifying inherited disease risk in future generations. It digitally combines the genetic information of two potential parents, using patented algorithms to simulate the genetic interactions that occur naturally in human reproduction. With this technology The solution digitally creates and analyzes thousands of hypothetical genomes to uncover disease risk that cannot be seen with existing pre-pregnancy screening tools. Its initial focus is the donor sperm industry, where it creates personalized catalogues of donors screened specifically for a client’s unique genetic profile, enabling families to make a safer donor choice.

The company is hiring.



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