Babylon goes public in the US and secures investment from Palantir
UK digital health provider Babylon has announced plans to become a public company following a $4.2bn (£2.9bn) merger. The company has entered into a definitive merger agreement with special purpose acquisition company Alkuri Global. US big data company Palantir has also taken a strategic stake in Babylon. Following the merger the combined company will operate […]
Nuclein Raises $14M in Series B Funding
Nuclein, LLC, an Austin, Texas-based medical device company, closed a $14m Series B funding round. The round was led by Trinity Private Equity Group, a Southlake, Texas-based private equity firm. The company intends to use the funds to to commercialize its novel, hand-held PCR platform designed as a disposable, all-in-one, self-test for infectious disease diagnosis. Led by […]
Private equity sees robust markets in healthcare
A Bass Berry & Sims-hosted panel looks back at 2020 and forward to 2021. With American hospitals once again at the breaking point amidst the largest surge in Covid-19 cases yet, private equity players in the healthcare space are looking for resilience and continuity in 2021. That’s according to industry observers at a recent webinar […]
