Is Neko Health’s body scan worth it? Spotify billionaire’s startup has come to America
Spotify co-founder Daniel Ek’s startup Neko Health has raised $700 million to develop consumer-facing body-scanning services. The company is entering the U.S. market as other startups, including Midjourney and Function Health, pursue similar preventative-health hardware and platform strategies.

Why It Matters
Large financings and multiple startups competing to commercialize body-scanning tools suggest investors see a potential shift toward preventive, data-driven healthcare services; whether these scanners integrate with the broader healthcare system will determine their clinical and commercial impact.
Key Facts
- Company: Neko Health
- Founder: Daniel Ek (Spotify co-founder)
- Raised: $700 million
- Other companies in category: Midjourney, Function Health
- Investor featured: Farooq Abbasi, founder and general partner of Preface Ventures (investor in Neko Health)
Daniel Ek’s Neko Health has secured $700 million to build a business around whole-body scanning, marking a significant bet on consumer-oriented preventative healthcare. The startup is expanding into the U.S. market amid growing attention to technologies that promise routine, noninvasive assessments of people’s health.
Neko is not alone: the topic has drawn activity from other well-funded teams. Midjourney is reported to be working on its own body scanner, and Function Health has raised capital to develop a preventative-health platform. Together, these efforts indicate a broader trend of companies placing early-stage hardware and continuous-monitoring services at the center of their roadmaps.
On TechCrunch’s Equity podcast, host Dominic-Madori Davis spoke with Farooq Abbasi of Preface Ventures, an investor in Neko Health, about how Neko compares with other consumer-health startups and what milestones are needed for body scanning to become part of mainstream healthcare. The conversation focused on commercial positioning and the practical steps required for such technologies to integrate into existing clinical workflows.
The episode and reporting highlight both investor enthusiasm and the unresolved challenge of moving from consumer-facing scans to clinically accepted tools. As multiple entrants pursue similar strategies, the degree to which these devices gain regulatory, clinical, and payer acceptance will be central to determining their long-term role in healthcare.
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