Finance
The digital platform and mobile app specialises in bilingual mental health services for users across the Middle East and North Africa.
Funding will be used to expand the firm’s digital health platform.
The company uses AI-backed voice technology to help clinicians review mental health visits.
This new round brings the company's total funding to over $350 million.
According to Rock Health's wrap up, U.S. digital health companies raised $6 billion in the first quarter, compared with $7.3 billion in the fourth quarter last year.
This new round brings the company's total funding to $15.7 million.
This new infusion of cash brings the company's total raise to $10 million.
The company said the integration will serve as a model for potential partners who may want to use Babylon's tools in their platforms.
The company plans to use the capital infusion to grow its teams across the board.
Others receiving capital infusions include Altoida, which adds $14 million to its Series A round, and Zephyr AI, which rakes in $18.5 million.