World News
The fall of Babylon: failed tele-health startup once valued at nearly $2B goes bankrupt and sold for parts on August 31, 2023 at 12:00 pm
It’s the end of the road for Babylon Health, the London tele-health startup once valued at nearly $2 billion after being backed by likes of DeepMind and deep-pocketed health insurance companies. After the company’s U.S. shares became worthless and its operation turned insolvent earlier this month, last night, the U.K. subsidiary of the business formally […]
It’s the end of the road for Babylon Health, the London tele-health startup once valued at nearly $2 billion after being backed by likes of DeepMind and deep-pocketed health insurance companies. After the company’s U.S. shares became worthless and its operation turned insolvent earlier this month, last night, the U.K. subsidiary of the business formally