Babylon Health confirms $550M raise at $2B+ valuation to expand its AI-based health services

Babylon Health confirms $550M raise at $2B+ valuation to expand its AI-based health services

5 years ago
Anonymous $9jpehmcKty

https://techcrunch.com/2019/08/02/babylon-health-confirms-550m-raise-to-expand-its-ai-based-health-services-to-the-us-and-asia/

Babylon Health, the UK-based startup that has developed a number of AI-based health services, including a chatbot used by the UK’s National Health Service to help diagnose ailments, has confirmed a massive investment that it plans to use to expand its business to the US and Asia, and expand its R&D to diagnose more serious, chronic conditions. It has closed a $550 million round of funding, valuing Babylon Health at over $2 billion, it announced today.

This is the largest-ever fundraise in Europe or US for digital health delivery, Babylon said.

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