News
The company plans to expand its services nationwide by 2023.
The deal comes about a month after Nomi announced it had raked in $110 million in Series A funding.
Also: Ghanian startup mPharma raises $35 million, and child RPM maker Kiddo scoops up $16 million.
This news comes after the FDA sent the company a warning letter regarding its smart socks.
Babylon became a strategic investor in Higi, the maker of health-checking kiosks found in groceries and pharmacies, in May 2020.
They plan to infuse AI, big data, and cloud technologies with digital therapeutics.
Investment will help the company raise awareness of its product in Europe, the Middle East and Asia.
2022 Look Ahead
Midas will bring a data set of 100 million claims.
The company said the smart scale will be available in the latter half of 2022 following regulatory clearance.