Babylon Health, a U.K.-based startup whose fast growth has been shadowed by concerns about the efficacy of its telemedicine apps, has raised $550 million in Series C funding, elevating the company to unicorn status. Saudi Arabia’s Public Investment Fund (PIF), which invests on behalf of the Saudi Arabian government, led the round that valued the company at $2 billion with a total of $635 million raised.
https://www.forbes.com/sites/monicamelton/2019/08/02/babylon-health-gets-2-billion-valuation-with-new-funding-that-will-help-it-expand-in-us/