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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

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. 

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Kai Nicol-Schwarz

Kai Nicol-Schwarz was a senior reporter at Sifted. He covered AI and UK tech.

Eleanor Warnock

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

Mimi Billing

Mimi Billing is Sifted's Europe editor, based in Stockholm. She covers the Nordics and can be found on X and LinkedIn

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