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Apr 29, 2017

Investors backed an AI startup that puts a doctor on your smartphone with $60 million

Posted by in categories: biotech/medical, mobile phones, robotics/AI

UK artificial intelligence (AI) startup Babylon has raised $60 million (£47 million) for its smartphone app which aims to put a doctor in your pocket.

The latest funding round, which comes just over a year after the startup’s last fundraise, means that the three-year-old London startup now has a valuation in excess of $200 million (£156 million), according to The Financial Times.

Babylon’s app has been downloaded over a million times and it allows people in UK, Ireland, and Rwanda to ask a chatbot a series of questions about their condition without having to visit a GP.

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