Finance
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.
This M&A will expand Linus Health's capabilities into the physical-function space.
Eight Sleep said the deal will allow it to improve and expand its coaching programs.
This acquisition will give LetsGetChecked whole-genome-sequencing capabilities.
This new round of funding will go towards building the company's online pharmacy and its geographical footprint.