Investing
The funding was invested by fellow health company Reckitt Benckiser.
The newly announced deal is expected to close in Q4 2020, and values the direct-to-consumer telehealth company's combined entity at $1.6 billion.
Also European virtual care company HomeDoctor scores $4.3M and sexual health company Emjoy closes seed funding round.
The funds will support global expansion to meet growing clinical and biopharma demand for data-driven medicine.
2020 is shaping up to be a record-breaking year for digital health startups.
The company says it wants to build a system that generates more drug candidates with fewer experiments in less time.
Along with funds announced a few months back, this brings the round's total to $20.8 million.
The acquisition deal is worth $300 million, per CNBC.
The funding will go towards expanding their existing markets and for future scaling within Europe and Asia.
This brings their total Pre-Series A round funding amount to $3.4 million.