The fall of Babylon: failed tele-health startup once valued at nearly $2B goes bankrupt and sold for parts

TechCrunch
By Ingrid LundenAug 31, 2023, 8:00 am267 pts
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…

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