PYMNTS.com January 23, 2025
Daniel Ek, the founder of the music streaming platform Spotify, has branched out into artificial intelligence (AI)-powered preventative healthcare as co-founder of the startup Neko Health.
The Stockholm-based company announced Thursday (Jan. 23) in a press release that it has secured $260 million in Series B funding to expand its operations into the U.S. The company currently operates in Sweden and the U.K.
The funding round, led by Lightspeed Venture Partners, values the company at approximately $1.8 billion. This latest funding follows a $65 million Series A round in July 2023.
According to the release, the investment partnership will involve Lightspeed Venture Partners’ Bejul Somaia joining the Neko Health board of directors.
“After meeting [Neko Health co-founder Hjalmar Nilsonne], Daniel...
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