Neko Health, a startup from Spotify Technology SA founder Daniel Ek, has raised $260 million to bring its body-scanning technology to the US.
The company, which operates in Sweden and the UK, announced the financing news on Thursday. The new round, led by Lightspeed Venture Partners, gives the startup a valuation of about $1.8 billion, according to a person familiar with the terms who asked not to be identified sharing private matters.
Ek co-founded Neko Health in 2018, his first major pursuit beyond Spotify. One of several startups from technologists plotting to reinvent healthcare, Neko Health developed a full body scan procedure that checks for skin cancer, risk factors for stroke and heart disease and other conditions for £299 ($368).
The company said it has completed 10,000 scans in Stockholm and London and has a waiting list with ten times more people. Neko Health’s last round raised $65 million in July 2023.
The Financial Times reported the fundraising round earlier.
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