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Google Ventures has $1 Billion to Spend, Eyes Biotech

September 21, 2012 | Google Ventures is planning $1 billion of start-up investment in the next five years and it has its eye on biotech. The fund has invested in Foundation Medicine (Series B announced yesterday; company profile from February) and is seeking entrepreneurs that "have a healthy disregard for the impossible" with forward-thinking ideas, especially in biotech. CNBC
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