The former head of the presidential administration Voloshin invested in DNA research


Russian startup Genotek, specializing in genetic research, has attracted round of investment of $2 million, said Tuesday the representative of the company. Among the major investors of the round — the former head of the presidential administration, member of the Board of Directors of the company “Yandex”, the Chairman of the Board of Directors of JSC “freight one” Alexander Voloshin and the CEO and co-owner of Agroholding “Rusagro” Maxim Basov said in a statement. At reception Voloshin are unable to respond promptly to the request , a representative of Rusagro Sergey Tribunsky could not comment on a personal project Basov, Basov himself did not answer the call.

“New leaders of the world markets are companies that develop the technology and use scientific breakthroughs to create new products. Genetics is now opening up great opportunities for the development of medicine and improvement of quality of life. Genotek may well be a serious competitor to leading foreign companies”, — Voloshin was quoted in the official report Genotek. “The world is witnessing an explosive development of genomic technologies — quoted Maxim Basov. — Genotek is one of the leaders of this industry in Russia. By participating in this project, I rely on the development of domestic scientific technology. I tried Genotek products and were satisfied.”

In Genotek did not specify who else acted as an investor in the round and how much was invested in the company Voloshin and Bass. It has already attracted earlier seed round of investment totaling $500 thousand in funding then participated RuStarsVentures Fund and several private investors.

With money from a new round, the company plans to equip the robotic laboratory, to attract new specialists in genetics, biology, bioinformatics and medicine.

What Genotek

The company Genotek founded in 2010 by graduates of the Moscow state University Artem Elmuratov, Valery Ilyinsky and Kirill Petrenko. She conducts genetic research for research institutions, DNA studies for medical diagnostics of rare hereditary diseases, research, for planning pregnancy, DNA tests to reveal predisposition to diseases, DNA tests to find relatives, to determine the origin of man and his ethnic composition, genetic studies to determine susceptibility to talents, athletic abilities and characteristics of the organism for adults and children. At the moment the cost of the genetic test starts from 14 990 rubles. the Most expensive DNA testing is 425 thousand rubles By 2013 the company, under own data, has reached a turnover of $1 million According to SPARK revenue, LLC “Genetic” in 2013 was 8.6 million rubles, in 2014-m — 24,2 mln.

Alexander Voloshin is also a partner of the venture Fund Genome Ventures, which invests in projects in the field of medicine, e-Commerce, financial technology, social media.