News Formal

UK start-up Babylon Health to reportedly receive investment from Saudi wealth fund

  • 📰 CNBC
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

Switzerland Nachrichten Nachrichten

Switzerland Neuesten Nachrichten,Switzerland Schlagzeilen

Saudi Arabia's sovereign wealth fund is reportedly planning to invest in U.K. start-up Babylon Health, in a deal that would put give the company 'unicorn' status.

Saudi Arabia's sovereign wealth fund is reportedly planning to invest in U.K. start-up Babylon Health, in a deal that would put give the company "unicorn" status.

The exact amount of the investment was unclear, sources told the FT, but it was thought to be in the region of $100 million to $500 million. Babylon, which was founded in 2013 by entrepreneur Ali Parsa, is an app that allows users to video call medical practitioners for remote appointments around the clock. The app also incorporates artificial intelligence that gives users a medical diagnosis after they enter their symptoms.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 12. in CH
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Livongo's and Health Catalyst's market debuts ended the three-year digital health IPO droughtLivongo and Health Catalyst are publicly traded companies as of Thursday — here are our predictions for which digital health startups could go public next:
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »