Babylon Healthcare Services Limited announced that it has received $25 million in funding from Hoxton Ventures LLP, Investment AB Kinnevik, BXR Group and other investors.

Babylon Healthcare Services Limited announced that it has received $25,000,000 in its series A round led by new investor Investment AB Kinnevik on January 14, 2016. The transaction also included participation from new investor BXR Group, JamJar Investments, returning investor Hoxton Ventures, and individual investors Richard Reed, Adam Balon, Jon Wright, Demis Hassabis, and Mustafa Suleyman. Investment AB Kinnevik invested $14,000,000 in the round.

The round was raised at post money valuation of £100,000,000 ($144,429,000). The conversion was made through www.oanda.com on January 14, 2016.