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Daniel Ek, the co-founder of Spotify, has launched a health tech company called Neko Health, which has raised \$65 million (€60 million) in its first external funding round led by investors like Lakestar, Atomico, and General Catalyst.
The company, founded in Sweden in 2018 along with Hjalmar Nilsonne, aims to make healthcare more preventive by offering fast, full-body scans that take about 10 minutes and cost €250. These scans are powered by AI and are designed to help doctors catch serious conditions early, such as skin cancer, heart disease, and diabetes.
After the scan, patients have an in-person consultation where a doctor walks them through the results, making the experience more personal and easier to understand. Neko Health’s first clinic is based in Stockholm, and demand is already high, with a growing waiting list.
The startup currently works with a team of 35 medical professionals and technicians across Europe. Its CEO, Nilsonne, says the goal is to reduce long-term healthcare costs by catching illnesses before they become critical, as doctors often don’t have the time to focus on prevention.
Despite the buzz, the company has kept a low profile, avoiding media interviews, possibly to avoid overhype or comparisons to failed ventures like Theranos. Still, it has gained trust from experienced investors, some of whom are now joining its board.
With the new funding, Neko Health plans to open more clinics across Europe, invest in research, run clinical studies, and expand its team to support wider access to preventive health services.