Tech.eu Podcast #129: Babylon Health and Saudi funding, Rockstar taxes kerfuffle, e-scooters and climate risks, Cloudflare and 8chan, and more

This week, Andrii Degeler and Natalie Novick discuss the mega-round of Babylon Health where the controversial fund PIF was among the investors, the tax relief claimed by Rockstar North that hasn’t paid corporation taxes in years, new research on e-scooters and climate risks, Cloudflare dropping 8chan, and much more. In addition to that, listen to an interview with Conny Weber, senior research analyst at the European Crowdfunding Network.

UK startup Babylon Health raises $60 million for its AI-based medical app

UK medtech startup Babylon Health has raised $60 million for its AI-based medical advice app. The investment comes from NNS holdings, Vostok New Ventures, and existing investor Kinnevik. The Financial Times reports that this round also included particiation from Sawiris, an Egyptian billionaire business family. Last year Babylon raised $25 million in Series A Funding. This lastest round brings the company’s valuation to $200 million, according to the FT.