Health and Wellness
Also: Ghanian startup mPharma raises $35 million, and child RPM maker Kiddo scoops up $16 million.
Babylon became a strategic investor in Higi, the maker of health-checking kiosks found in groceries and pharmacies, in May 2020.
Investment will help the company raise awareness of its product in Europe, the Middle East and Asia.
The company said the smart scale will be available in the latter half of 2022 following regulatory clearance.
According to a study published in JMIR, providers are generally positive about remote therapy and tele-rehabilitation, but they need more training and support to overcome obstacles like technology hurdles and practical concerns.
2022 Look Ahead
More payers launched virtual-first plans, insurtechs went public, and the digital mental health space brought in plenty of funding dollars this year.
2022 Look Ahead
After another rough year for the healthcare system, startups are using the growth of virtual care to manage chronic conditions and expand primary care.
Also: Well Dot scoops up $70 million, and dental startup Overjet brings in $42.5 million.
Healthcare professionals other than physicians, dentists and veterinarians who have prescribing authority under state law can order prescription digital therapeutics. That could improve access, especially to devices that treat mental health conditions.
The tech giant shut down its dedicated health division this year, but it released a variety of consumer- and clinician-facing projects.