Telehealth scaleup Babylon has announced the collapse of its proposed merger with Swiss healthtech unicorn MindMaze, leaving the beleaguered company on the brink of bankruptcy.
News
August 7, 2023
Babylon on the brink of bankruptcy after merger falls through
The healthtech is looking to sell its UK operations, according to a company statement
Kai Nicol-Schwarz, Eleanor Warnock and Mimi Billing
2 min read
Kai Nicol-Schwarz was a senior reporter at Sifted. He covered AI and UK tech.
Eleanor Warnock is an advisor to VC firm Bek Ventures, and writes a newsletter on tech and writing. She was previously Sifted’s deputy editor. Find her on X and LinkedIn

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