London and Berlin-based Ada Health has raised €40m ($47m) from investors including Berlin's June Fund, which was founded by Google's chief business officer, Philipp Schindler, William Tunstall-Pedoe, creator of Amazon's AI assistant, Alexa, and Warner Music Group owner Len Blavatnik. The cash will also go on further developing the app The company is working with the German government to develop a new type of artificial intelligence that can help doctors diagnose diseases more accurately than current methods. The company also plans to expand to the US and hire more engineers and advisers.
London and Berlin-based Ada Health has raised €40m ($47m) from investors including Berlin's June Fund, which was founded by Google's chief business officer, Philipp Schindler, William Tunstall-Pedoe, creator of Amazon's AI assistant, Alexa, and Warner Music Group owner Len Blavatnik. The company is working with the German government to develop a new type of artificial intelligence that can help doctors diagnose diseases more accurately than current methods. The company also plans to expand to the US and hire more engineers and advisers.