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

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…

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

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…