Posts filtered by tags: Babylon Health[x]


Extra Crunch roundup: Security data lakes, China vs. Starlink, ExtraHop’s $900M exit

News broke this morning that Bain Capital Private Equity and Crosspoint Capital Partners are purchasing Seattle-based network security startup ExtraHop. Part of the Network Detection and Response (NDR) market, ExtraHop’s security solutions are for companies that manage assets in the cloud and on-site, “something that could be useful as more companies find themselves in that in-between state,” report Ron Miller and Alex Wilhelm. Just one year ago, ExtraHop was closing in on $100 million in ARR an...
Tags: Health, Startups, TC, Space, Spacex, Maryland, China, US, Tech, Earth, United States, Venture Capital, EC, Anna, Seattle, Alex

This SPAC is betting that a British healthcare company can shake up the US market

Welcome back to the week, and welcome back to The Exchange. Robinhood has yet to file its IPO, so we’re looking at other companies in the meantime. Today it’s Babylon Health, a British healthtech company that is pursuing a U.S. listing via a blank-check company, or SPAC. You have questions. I have questions. We’ll get to some answers. But before we do, we wanted to note that Anna and I are looking into the AI startup market tomorrow morning. If you are a VC with notes regarding the current pace ...
Tags: Health, Fundings & Exits, Startups, TC, US, Tech, Anna, Robinhood, Exchange, Babylon Health, Babylon, SPAC, PitchBook, Kinnevik, The Exchange, Hoxton Ventures

Online Health Startup Babylon to Go Public Via $4.2 Billion SPAC Deal

(Reuters) - British health tech startup Babylon Health said on Thursday it has agreed to go public through a merger with a blank-check firm led by...
Tags: Reuters, Babylon Health, SPAC, Online Health Startup Babylon

10 things in tech you need to know today

CHESTER, PA - OCTOBER 26: Democratic presidential nominee Joe Biden puts on a face mask while speaking to reporters at a voter mobilization center on October 26, 2020 in Chester, Pennsylvania. In Pennsylvania, Tuesday, October 27 is the last day to request a mail-in ballot or to vote early in person. Photo by Drew Angerer/Getty Images Good morning and welcome to 10 Things in Tech. If this was forwarded to you, sign up here.Let's get started.1. The Biden administration is investigating the h...
Tags: Apple, Amazon, Facebook, Elon Musk, Microsoft, India, US, Newsletter, Trends, Tech, Tesla, Joe Biden, Pennsylvania, Jeff Bezos, Biden, Chester

Saudi-backed $2 billion health firm Babylon is selling its Canada operations as part of a $70 million licensing deal

Babylon Health CEO Ali Parsa. Jack Lewis Williams for Tailor Made London $2 billion health-tech firm Babylon Health is selling its Canada operations to telco Telus. The two launched an app, Babylon by Telus, in 2019 that offers Canadians virtual consultations with doctors. Babylon will license its tech to Telus as part of a new long-term partnership. Insider took a deep-dive into Babylon's business amid SPAC speculation, which you can read here. $2 billion, Saudi-backed health-tech startup...
Tags: UK, Trends, Canada, Venture Capital, Alberta, Telus, Babylon Health, Babylon, SPAC, Tech Insider, Ali Parsa, Shona Ghosh, TELUS Health, Parsa, Saudi PIF, European tech

UK’s MHRA says it has ‘concerns’ about Babylon Health — and flags legal gap around triage chatbots

The UK’s medical device regulator has admitted it has concerns about VC-backed AI chatbot maker Babylon Health. It made the admission in a letter sent to a clinician who’s been raising the alarm about Babylon’s approach toward patient safety and corporate governance since 2017. The HSJ reported on the MHRA’s letter to Dr David Watkins yesterday. TechCrunch has reviewed the letter (see below), which is dated December 4, 2020. We’ve also seen additional context about what was discussed in a mee...
Tags: Health, TC, Europe, UK, London, Saudi Arabia, Tech, Eu, Artificial Intelligence, NHS, Advertising Standards Authority, Wolverhampton, Rwanda, Glassdoor, Babylon Health, Babylon

New data suggests delaying 2nd vaccine doses could be risky

Hello,This morning, the FDA released new data on Johnson & Johnson's vaccine that found it's safe and effective. We'll hear more about J&J's coronavirus vaccine on Friday when it goes in front of an FDA expert panel for review ahead of an emergency authorization. Also in healthcare news: Data from Scotland's vaccine rollout suggest delaying second coronavirus vaccine doses could be risky, health systems are building their own health-tech startup, and inside the fallout between Modern Health's co...
Tags: Google, Amazon, UK, Microsoft, California, Scotland, US, Trends, New York Times, Healthcare, Fda, Vaccines, Babylon Health, Johnson Johnson, LA Times, Terry Myerson

10 things in tech you need to know today

Bitcoin miners are seeing gold despite the cryptocurrency's recent fall. NurPhoto/Getty Images Good morning! This is the tech news you need to know this Wednesday. Sign up here to get this email in your inbox every morning.Have an Amazon Alexa device? Listen to this update by searching "Business Insider" in your flash briefing settings.The Senate Committee held its first hearing on the SolarWinds hack. The hearings signaled how the nation will move forward from what senators and executi...
Tags: Google, Amazon, Europe, Elon Musk, UK, Microsoft, Washington Post, US, Trends, Square, Medicaid, Musk, Babylon Health, Bezos, Senate Committee, Amazon Alexa

Europe's tech unicorns follow Silicon Valley's lead on flexible working post-pandemic: in with long-term remote working, out with high-density open plan offices

Europe's fastest-growing tech companies like Revolut and Babylon Health are permanently shifting towards more flexible remote working policies. London-headquartered neo-bank Revolut says 70% of its employees don't want to go back to working the same way they were pre-pandemic. Startup accelerator Founders Factory says that productivity has increased with remote working.  But, European venture capital firms Connect Ventures and Beringea found that 45% of the companies they had invested in thoug...
Tags: Google, Twitter, Europe, London, US, Trends, Silicon Valley, Smith, Fintech, Connect Ventures, Revolut, Business Insider, Rose, Babylon Health, Babylon, Anthony Rose

Canada: Balancing Privacy And Convenience: Medical Information And The Emergence Of Virtual Medicine - Bennett Jones LLP

Online healthcare service provider, Babylon Health developed an app that connects physicians and other healthcare professionals with patients through remote video or audio consultations.
Tags: News, Canada, Babylon Health, Virtual Medicine Bennett Jones LLP

Hoxton Ventures, a VC which backed 3 unicorns with its first fund, has raised just under $100 million to invest in European startups

Hoxton Ventures, the UK venture capital firm that took early stakes in unicorn startups Deliveroo, Babylon Health, and Darktrace, has raised a second fund of just below $100 million. Hoxton's raise is against the backdrop of startups and venture capital investors trying to navigate a recession induced by the COVID-19 pandemic. Founding partners Rob Kniaz and Hussein Kanji say the firm plans to invest in a broad spectrum of European companies with their second fund, albeit with a greater focus ...
Tags: Google, Europe, UK, Microsoft, US, Trends, Eu, Silicon Valley, Babylon Health, Hoxton, EIF, Darktrace, British Business Bank, Robert Ludwig, Hoxton Ventures, Rob Kniaz

10 things in tech you need to know today

Good morning! This is the tech news you need to know this Thursday. Amazon announced it's going to suspend police use of its controversial facial-recognition technology for one year. Amazon Web Services has sold its facial-recognition software, called Rekognition, to police departments across the country, but numerous studies have found bias in the software that disproportionately targets Black people and other people with darker skin.  Grubhub, following failed talks with Uber, is now planni...
Tags: Amazon, Facebook, New York, Microsoft, Trends, Paypal, Fbi, Ibm, Max Levchin, Amazon Web Services, Alexa, Ia Ventures, Babylon Health, Amazon Alexa, GrubHub, Warren Michigan

Babylon Health Data Breach Allowed Users To View Other Patients' Video Consultations

An anonymous reader quotes a report from the BBC: Babylon Health has acknowledged that its GP video appointment app has suffered a data breach. The firm was alerted to the problem after one of its users discovered he had been given access to dozens of video recordings of other patients' consultations. A follow-up check by Babylon revealed a small number of further UK users could also see others' sessions. The firm said it had since fixed the issue and notified regulators. Babylon allows its memb...
Tags: UK, Tech, Bbc, Babylon Health, Babylon

A telemedicine app accidentally leaked videos of people's medical consultations to other patients

Telehealth startup Babylon Health just suffered a data breach that mistakenly sent videos of patients' private consultations with doctors to other patients. The breach was brought to Babylon Health's attention after a patient tweeted a screenshot showing he had access to dozens of other people's consultation videos. The company said the breach was caused by a "software error" that has since been fixed. Babylon Health is one of several telemedicine startups that have seen an influx of users ami...
Tags: UK, US, Trends, Bbc, Babylon Health, Glover, Rory Glover, Rory G, BBC Babylon Health

UK Health Secretary clueless about data breach at controversial GP app he publicly endorsed

British Health Secretary Matt Hancock admitted this morning that he was unaware of a data breach at the virtual doctor app he controversially endorsed in 2018. The breach at Babylon Health this week allowed users of the app to see confidential video recordings of other patients’ consultations with their doctors. Hancock had notoriously praised the company in a newspaper supplement paid for by Babylon, describing its app as a “revolutionary” service that should be “available to all”. He later cal...
Tags: Startups, UK, Babylon Health, Babylon, Hancock, National Health Service NHS, Matt Hancock, Neural, Coronavirus

Babylon Health admits GP app suffered a data breach

The video call app allowed some patients to see recordings of others' sessions with medics.
Tags: Technology, News, Babylon Health

Babylon Health admits GP app suffered a data breach

The video call app allowed some patients to see recordings of others' sessions with medics.
Tags: News, Babylon Health

Babylon Health leads a $30M Series B in US health kiosk operator, Higi

UK-based AI chatbot Babylon Health — which last year raised $550M at a $2BN+ valuation — has led a $30M Series B in US-based Higi, which owns and operates 10,000+ FDA-cleared health kiosks. Higi, which was founded back in 2012 per Crunchbase, has built out a nationwide network of “health stations” located at retail locations such as groceries and pharmacies within 5 miles of 73% of the US population, where users can check their blood pressure, pulse, weight and BMI for free. It also offers ap...
Tags: Health, Fundings & Exits, Europe, UK, Hardware, Obesity, California, US, Tech, Artificial Intelligence, Diabetes, Hypertension, United States, Missouri, Healthcare Industry, Fda

UK Researchers Say Stockton Is The US City Most Stressed By Coronavirus

STOCKTON (CBS13) — A new study has found that Stockton is the US city most stressed by the coronavirus pandemic, if tweets are any indication. The study was done by UK-based health service provider Babylon Health and took a look at 2.5 million tweets that had been sent out this month. Researchers sought out words like “self-isolation,” “corona” and “social distancing,” then used an analysis called “TensiStrength” to rate the stress level. Looking at tweets with this analysis, researchers were ab...
Tags: UK, News, California, US, Local, Sacramento, Stockton, San Joaquin County, Babylon Health, Port City, Plano Texas, CBS Sacramento, Stockton News, Coronavirus, COVID, Wolverhampton University

These are the 15 European health startups investors think will blow up during the coronavirus pandemic

Health startups are in the spotlight as governments around the world struggle to contain the coronavirus pandemic. Investors are eyeing disruptive firms, with investment in European health startups up 40% year on year in 2020. We asked eight of Europe's top VC investors to pick out the 15 health tech startups they thought were ones to watch in 2020.  Click here for more BI Prime stories. Health startups that might speed up a medical breakthrough or can make communications easier between clini...
Tags: Twitter, Europe, UK, London, France, Germany, US, Trends, NHS, Healthcare, Evans, Nye, Ucl, Accel, Index Ventures, Doctolib

A tiny 33-person UK startup built a video chat tool for doctors and patients over a weekend and it's absolutely exploded

Healthcare messaging service AccuRx has seen "crazy" demand in recent months since the UK went into lockdown due to the coronavirus pandemic. AccuRx offers ways for doctors to talk to patients via SMS or, more recently, via video call and is beloved by practitioners for its simplicity. Prior to the crisis, AccuRx was in 40% of practices. Now the startup is in 90% of practices and built its video calling system for doctors and patients over a weekend.  "We wanted to build a solution after readi...
Tags: UK, London, Softbank, Trends, Healthcare, Babylon Health, Haddad, Irina Haivas, Jacob Haddad

A buzzy healthcare startup that raised $50 million from Andreessen Horowitz 3 months ago just cut staff amid the coronavirus pandemic

Komodo Health, a healthcare data and analytics startup, cut staff amid the coronavirus pandemic, Business Insider has learned. The company has laid off 23 employees, or about 9% of its staff, according to a source familiar with the situation.  "In light of these challenging and uncertain times, we have made the difficult decision to part with a small portion of our workforce to maintain the financial strength of our company," a spokeswoman for Komodo told Business Insider. Visit Business Insid...
Tags: Navy, US, San Francisco, Trends, Healthcare, Andreessen Horowitz, Felicis Ventures, Babylon Health, PitchBook, Komodo, Sundeep Peechu, Komodo Health, Oak HC FT IA Ventures, Peechu

10 things in tech you need to know today

Good morning! This is the tech news you need to know this Monday. Google is working on physical and virtual debit cards as it looks to catch Apple's lead in the fintech space. TechCrunch reports that Google is working on physical and virtual debit cards which would link to an associated checking account. The UK has greenlit a £250 million rescue package to stop thousands of startups collapsing during COVID-19. Startups can apply for government cash, but must match taxpayer money with funding f...
Tags: Apple, Google, Amazon, Facebook, UK, US, Trends, New York Times, Bill Gates, WeWork, Bill, Melinda Gates, Gates, Alexa, Business Insider, Greenhouse Software

$2 billion telehealth unicorn Babylon Health has furloughed 5% of its staff in response to COVID-19

Babylon Health, a UK startup best known for providing medical consultations via video, has furloughed 5% of its staff in response to COVID-19. Sources estimated the furloughs affected more than 100 staff. Babylon Health said it had seen an increase in demand for some services during COVID-19, but other parts of its business needed to be 'paused.' UK-headquartered Babylon was most recently valued at $2 billion in 2019, when it raised a $550 million funding round from investors including Saudi A...
Tags: UK, London, Saudi Arabia, Singapore, Trends, Boris Johnson, Prudential, Babylon Health, Babylon, Monzo, Matt Hancock, Ali Parsa, COVID, UK US Rwanda Canada

Medopad rebrands as Huma, acquires BioBeats and TLT to expand its biomarker platform

Some big changes are underway for London-based Medopad, a startup that builds software for medical practitioners to monitor patients remotely based on digital biomarkers — measurable indicators of the progression of illnesses, diseases or overall health that are picked up not with blood samples or in-doctor visits but using apps and wearables. The company is rebranding to Huma and appointing its first chairman, the former U.K. Health Minister Alan Milburn. And alongside that, Huma is announcing ...
Tags: Health, Fundings & Exits, TC, Europe, London, Tech, Tencent, Kings, Fda, Johns Hopkins, Bayer, Babylon Health, Huma, Janssen, Vahdat, Alan Milburn

Here’s a wrap of the main tech-related coronavirus news in the last 24 hours

Much of the world is waking up to a strange new reality. As the coronavirus strain, COVID-19, swept across the planet, today may go down in history as the day when huge numbers of countries were largely united in a global shut-down to address the pandemic. TechCrunch brings you a wrap of the technology world’s response to the virus do far in our own dedicated “COVID-19-updates” coverage. • In Extra Crunch we cover how you should pitch a story in the era of COVID-19. In our main coverage: • Goog...
Tags: Google, Amazon, TC, Europe, Spacex, Elon Musk, UK, Fcc, Microsoft, Cdc, White House, China, New York City, US, Tech, Tesla

Governments are turning to tech as the coronavirus rages. We asked 5 startups how they were helping to fight the pandemic.

European healthtech startups have seen a surge in demand as the coronavirus outbreak continues to take its toll throughout the region.  Unicorn healthcare firm Babylon and blood-testing company Thriva, two of the UK's most prominent health startups, met Boris Johnson to discuss strategy in a Westminster meeting on Tuesday. British healthtech firms produce a combined annual turnover of £24 billion ($28 billion), according to the Association of British Healthtech Industries.  Business Insider as...
Tags: Amazon, Europe, UK, London, Trends, NHS, Boris Johnson, Nye, Westminster, Babylon Health, Babylon, Roche, Nader, Finlayson, Mundy, Pando

Boris Johnson met with healthtech startups Babylon and Thriva to discuss scaling up coronavirus testing

UK Prime Minister Boris Johnson and health minister Matt Hancock held a meeting with healthcare startups, big tech firms, and major healthcare players on Tuesday to discuss how they could help tackle the coronavirus pandemic.  Unicorn healthcare firm Babylon and blood-testing company Thriva, two of the UK's most prominent healthtech startups, sat alongside representatives from Amazon, Boots and Swiss healthcare firm Roche.  Hamish Grierson, CEO of Thriva, attended the roundtable. He told Busin...
Tags: UK, Trends, NHS, Beverly Hills, Boris Johnson, Nye, Westminster, Jeff Bezos, Babylon Health, Babylon, Roche, Nader, Cummings, Dominic Cummings, Finlayson, Pando

'A recession is inevitable': European investors and startups brace for cash drought and lower valuations amid coronavirus slowdown

Venture capitalists have warned a recession brought on by coronavirus could have a serious impact on the UK's startup scene.  The UK's Office for Budget Responsibility has warned a recession is 'quite possible' in 2020 as COVID-19 pandemic approaches its peak in the coming months. Matt Clifford, chief executive of Entrepreneur First, told Business Insider some founders had learned 'very quickly' how brutal business could be.  One senior investor source said they expected companies' valuations ...
Tags: Europe, UK, London, US, Trends, Goldman Sachs, Office for Budget Responsibility, Clifford, Babylon Health, Matt Clifford, Kanji, Beringea, Hoxton Ventures, Rob Kniaz, Hussein Kanji, UK s Office for Budget Responsibility

Ada Health built an AI-driven startup by moving slowly and not breaking things

When Ada Health was founded nine years ago, hardly anyone was talking about combining artificial intelligence and physician care — outside of a handful of futurists. But the chatbot boom gave way to a powerful combination of AI-augmented health care which others, like Babylon Health in 2013 and KRY in 2015, also capitalized on. The journey Ada was about to take was not an obvious one, so I spoke to Dr. Claire Novorol, Ada’s co-founder and chief medical officer, at the Slush conference last ye...
Tags: Startups, TC, Apps, Europe, Tech, Artificial Intelligence, Healthcare, Machine Learning, Ada, Babylon Health, Kry, Ada Health, Daniel Nathrath, Martin Hirsch, Claire Novorol Ada, Novorol