Neko Health, the body-scanning startup co-founded by Spotify's Daniel Ek and Hjalmar Nilsonne, has locked down a massive $700 million Series C funding round. The investment, led by Lightspeed Venture Partners and O.G. Venture Partners, comes just months after the company raised $260 million in January 2025. Main Developments Neko Health's proprietary body-scanning technology combines advanced imaging with bloodwork to assess a person's overall health. The scans now include body composition data, a feature aimed at fitness enthusiasts, and can integrate with Apple Health to provide clinicians with real-world activity data. More than 100,000 people have already undergone scans, and over 350,000 have either joined the waitlist or booked appointments. The company operates locations in the U.K. and Sweden and is preparing to open its first U.S. site in New York. Read also: 3 reasons OpenAI's $230 Codex keyboard signals a bigger hardware shift Background Ek and Nilsonne launched Neko Health to make preventive health assessments more accessible through technology. The startup's rapid fundraising — $960 million across its Series B and C rounds — signals strong investor appetite for tech-driven healthcare solutions. Calm founder Alex Tew shared publicly that a Neko Health scan discovered a malignant mole on his back, which he had removed. Tew credited the company with catching a health issue he might otherwise have missed. Why It Matters Neko Health is part of a growing wave of tech entrepreneurs entering the health-scanning space. Midjourney, known for AI image generation, is developing its own body scanner and plans to integrate it into a San Francisco spa with hot tubs and saunas, set to open in 2027. The scale of Neko Health's latest raise — $700 million — underscores how venture capital is betting that preventive scanning can become a mainstream consumer health service. Additional investors in the round include Atomico, General Catalyst, Lakestar, Liberty City Ventures, Positive Sum, and BDT & MSD. What's Next Neko Health is focused on expanding into the U.S. market with its New York location as the first step. The company has not disclosed a timeline for additional U.S. sites, but the substantial funding provides runway for rapid growth. Questions remain about how the company will differentiate itself as more tech-backed scanning services emerge, and whether its model can scale beyond early adopters in major cities.