Daniel Ek’s Neko Health raises $65M for preventive healthcare using full-body scans

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Daniel Ek’s health tech startup, Neko Health, has raised €60 million ($65 million) in its first round of external funding. The Series A round was led by Lakestar, with participation from Atomico and General Catalyst.

Neko Health, founded in Sweden in 2018 by Ek and Hjalmar Nilsonne, aims to provide preventative healthcare through full-body scans backed by AI software. These scans help doctors detect a range of conditions, including skin cancer, cardiovascular disease, diabetes, and other metabolic syndromes. Each scan takes approximately 10 minutes and costs €250. Following the scan, patients receive an in-person consultation where the results are explained.

The company, headquartered in Stockholm, claims to have a team of 35 doctors, researchers, and technicians across Europe. Neko Health has a waiting list of individuals seeking full-body scans at its clinic in Stockholm.

According to Neko Health CEO Hjalmar Nilsonne, the rising costs of healthcare necessitate a focus on prevention. He states, Doctors today just don’t have enough time or resources to focus on prevention. This leads to many health problems going unnoticed until they get really serious, causing a lot of pain and putting a massive strain on the healthcare system.

Notably, Neko Health has been cautious in its approach, avoiding interviews and questions since its formal launch earlier this year. This approach is in contrast to high-profile health tech companies, such as Theranos, that made bold claims without substantial evidence.

Despite this cautious stance, Neko Health has managed to attract investments from notable companies in the US and Europe, including Spotify, Airbnb, Snap, and Hubspot. As a result, Klaus Hommels and Niklas Zennström, founders of Lakestar and Atomico respectively, will join Neko’s board of directors alongside the company’s two founders.

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The funding raised will be used to accelerate Neko Health’s expansion plans, including the establishment of more clinics across Europe. Additionally, the company plans to invest in research and development, clinical studies, and recruitment.

Overall, Neko Health’s innovative approach to preventative healthcare aims to address the increasing healthcare costs and improve access to early detection and treatment of various health conditions. By providing full-body scans and utilizing AI software, the company aims to empower doctors to detect and prevent serious health problems before they become severe.

Frequently Asked Questions (FAQs) Related to the Above News

What is Neko Health?

Neko Health is a health tech startup founded by Daniel Ek and Hjalmar Nilsonne in 2018. It aims to provide preventative healthcare through full-body scans backed by AI software.

How does Neko Health's full-body scan work?

Neko Health's full-body scan takes approximately 10 minutes and costs €250. The scan helps detect a range of conditions, including skin cancer, cardiovascular disease, diabetes, and other metabolic syndromes.

Who leads Neko Health's Series A funding round?

Neko Health's Series A funding round was led by Lakestar, with participation from Atomico and General Catalyst.

Why does Neko Health focus on prevention in healthcare?

Neko Health believes that the rising costs of healthcare necessitate a focus on prevention. Doctors often lack the time and resources to focus on prevention, which leads to many health problems going unnoticed until they become serious.

Who is on Neko Health's team?

Neko Health claims to have a team of 35 doctors, researchers, and technicians across Europe.

How does Neko Health plan to use the funding it raised?

The funding raised will be used to accelerate Neko Health's expansion plans, including the establishment of more clinics across Europe. Additionally, the company plans to invest in research and development, clinical studies, and recruitment.

What distinguishes Neko Health from other health tech companies?

Neko Health has taken a cautious approach since its launch, avoiding making bold claims without substantial evidence. This sets it apart from high-profile companies like Theranos. Neko Health focuses on providing evidence-based preventative healthcare.

Which notable companies have invested in Neko Health?

Neko Health has attracted investments from companies like Spotify, Airbnb, Snap, and Hubspot. Klaus Hommels and Niklas Zennström, founders of Lakestar and Atomico respectively, will also join Neko's board of directors.

Please note that the FAQs provided on this page are based on the news article published. While we strive to provide accurate and up-to-date information, it is always recommended to consult relevant authorities or professionals before making any decisions or taking action based on the FAQs or the news article.

Advait Gupta
Advait Gupta
Advait is our expert writer and manager for the Artificial Intelligence category. His passion for AI research and its advancements drives him to deliver in-depth articles that explore the frontiers of this rapidly evolving field. Advait's articles delve into the latest breakthroughs, trends, and ethical considerations, keeping readers at the forefront of AI knowledge.

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