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Invitae Announces $1.15 Billion Investment Supporting Ongoing Growth Initiatives

Invitae Announces $1.15 Billion Investment Supporting Ongoing Growth Initiatives

04/05/21, 11:40 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgsan francisco
Money raised
$1.15 billion
Invitae (NYSE: NVTA), a leading medical genetics company, today announced that a small group of investors, led by SB Management, a subsidiary of Softbank Group Corp., will make an investment of $1.15 billion in convertible senior notes to support the Company's future growth initiatives.

Company Info

Company
Invitae
Location
san francisco, california, united states
Additional Info
Invitae Corporation (NYSE: NVTA) is a leading medical genetics company whose mission is to bring comprehensive genetic information into mainstream medicine to improve healthcare for billions of people. Invitae's goal is to aggregate the world's genetic tests into a single service with higher quality, faster turnaround time, and lower prices. For more information, visit the company's website at invitae.com.