Bankruptcy auction2025-12-05confirmed
Bambumeta Ventures × 23andMe Holding Co.
As part of 23andMe's Chapter 11 reorganization plan, its telehealth subsidiary, Lemonaid Health, was sold separately from the main genetic data assets. [44] The $10 million sale to venture capital firm Bambumeta Ventures closed on December 5, 2025, as part of the confirmed liquidation plan. [43, 44]
Price paid
$10M
asset price, paid once
Losing bid
—
Per unit
—
no meaningful ratio
The asset
The telehealth and virtual pharmacy business Lemonaid Health, which was a subsidiary of 23andMe. [44]
The record
- Seller status
- Chapter 11
- Sector
- Telehealth
- Modalities
- customer_data, business_operations
- Jurisdiction
- US
- Docket
- 25-40976 (U.S. Bankruptcy Court for the Eastern District of Missouri)
What it means if you hold data
This transaction demonstrates how distinct data-related business units can be carved out and sold to different buyers within a single bankruptcy proceeding to maximize value for creditors.