Spotify CEO’s Startup Neko Health Attracts Big-Name Backers
source link: https://finance.yahoo.com/news/spotify-ceo-startup-neko-health-091732131.html
Go to the source link to view the article. You can view the picture content, updated content and better typesetting reading experience. If the link is broken, please click the button below to view the snapshot at that time.
Spotify CEO’s Startup Neko Health Attracts Big-Name Backers
(Bloomberg) -- Neko Health, the medical diagnostics company co-founded by Spotify Technology SA Chief Executive Officer Daniel Ek, raised €60 million ($65.4 million) in venture capital to expand outside its home country of Sweden.
Most Read from Bloomberg
Skype co-founder Niklas Zennstrom will join the company’s board as a result of his investment vehicle, Atomico, participating in the round, as will Klaus Hommels, whose VC firm Lakestar led the early-stage investment. Palo Alto-based General Catalyst also participated. Neko Health didn’t disclose a valuation.
“I’ve spent more than 10 years exploring the untapped potential of health-care innovation,” Ek said in a statement ahead of the announcement on Wednesday. “We are dedicated to building a health-care system that focuses on prevention and patient care, aiming to serve not just our generation, but those that follow.”
Neko Health runs private clinics kitted out with proprietary and off-the-shelf diagnostic products, most notably its own full-body 3D scanner. It incorporates dozens of sensors that, when combined with the company’s artificial intelligence software, can give instant results about potential skin conditions, such as moles, as well as warning signs related to cardiovascular health.
“We have our own nurses, doctors and specialists,” Hjalmar Nilsonne, Neko Health’s other co-founder and its CEO, said in an interview. “We have dermatologists employed just to review the skin images. We have a doctor on site who can make qualified medical judgments for anything that comes up.”
The company’s first clinic opened in February in Stockholm. Patients pay €250 for a full-body examination that takes 10-to-20 minutes, followed by a review with a doctor. The company has performed more than 1,000 scans since launch, but Nilsonne said thousands more are on a waiting list. About 80% of customers have pre-paid for follow-up scans in a year’s time.
BloombergInternational School Worth Close to $1 Billion Turns CEO Into Multimillionaire
(Bloomberg) -- The growing number of wealthy Chinese leaving their homeland has been a boon for Thailand’s only exchange-listed school operator and turned its chief executive officer into a multimillionaire.Most Read from BloombergNYC Air Quality Drops to Unhealthy Levels — But Canadian Fires Aren’t to BlameXi’s Metal Curbs Risk Backfiring as G-7 Seeks China AlternativeBond Yields Higher as Another Rate Hike Signaled: Markets WrapEarth Keeps Breaking Temperature Records Due to Global WarmingFed
11h ago
South China Morning PostChinese cloud computing services provider UCloud flags risk of securing orders of Nvidia's advanced chips amid high demand, tightened US curbs
Chinese cloud computing services provider UCloud Technology Co said it faces uncertainty in securing advanced semiconductors from Nvidia Corp amid high demand, as tightened US export restrictions on such chips continue to impede China's artificial intelligence (AI) development efforts. Shanghai-based UCloud, which offers infrastructure-as-a-service and AI service platforms to internet firms and traditional enterprises, on Monday told investors that its orders of Nvidia's A800 graphics processing
2d ago
TechCrunchDaniel Ek's Neko Health raises $65M for preventative healthcare through full-body scans
Neko Health, the health tech startup co-founded by Spotify co-creator Daniel Ek, has raised €60 million ($65 million) in its first external round of funding. Founded out of Sweden in 2018 by Ek and Hjalmar Nilsonne, Neko Health exited stealth back in February with the lofty promise of preventative healthcare via full-body scans backed by AI software that help doctors detect skin conditions including cancer, cardiovascular disease and diabetes, among other metabolic syndromes. Neko Health scan.
16h ago
BloombergMeta’s Threads Hasn’t Appeared in EU App Stores Ahead of Launch
(Bloomberg) -- Meta Platforms Inc.’s Threads app — the social network launching this week to take on Twitter Inc. — isn’t yet appearing in some European app stores after users in the US and UK were offered a preorder option. Most Read from BloombergNYC Air Quality Drops to Unhealthy Levels — But Canadian Fires Aren’t to BlameXi’s Metal Curbs Risk Backfiring as G-7 Seeks China AlternativeBond Yields Higher as Another Rate Hike Signaled: Markets WrapEarth Keeps Breaking Temperature Records Due to
1d ago
BloombergBiden Administration Ordered to Limit Social Media Contacts
(Bloomberg) -- A federal judge in Louisiana ordered key Biden administration officials and agencies not to contact social media platforms to suppress speakers and viewpoints they disagree with, in a major development that pits free-speech rights against government efforts to curb misinformation.Most Read from BloombergNYC Air Quality Drops to Unhealthy Levels — But Canadian Fires Aren’t to BlameXi’s Metal Curbs Risk Backfiring as G-7 Seeks China AlternativeBond Yields Higher as Another Rate Hike
1d ago
ReutersStellantis CEO rules out moving Peugeot e-208 production to France
Stellantis has no plans to move production of the electric Peugeot e-208 to France from Spain despite a push from the French government for more locally made cars, CEO Carlos Tavares said in an interview published on Wednesday. "The economic equation link to the imposed relocation of this project would not be in the interest of the company nor the country," Tavares told daily Le Figaro. Electric vehicles (EVs) are more expensive than their fossil-fuel counterparts and European carmakers plan cheaper models encouraged by government subsidies.
17h ago
BloombergAmbani Bets on $12 Phone to Disrupt India’s Old Internet Network
(Bloomberg) -- Billionaire Mukesh Ambani’s group Monday announced an internet-enabled phone at an entry price of 999 rupees ($12) as the oil-to-retail conglomerate seeks to poach more budget device users from rivals to its growing consumer offerings.Most Read from BloombergRussian General Still Missing as Defense Chief Slams MutinyChina Restricts Export of Chipmaking Metals in Clash With USTesla and BYD Post Record Sales on Surge in Electric-Car DemandBank of America Says it Started Talks With F
2d ago
BloombergTeva Weighs Sale of $2 Billion Active Ingredients Unit
(Bloomberg) -- Teva Pharmaceutical Industries Ltd. is weighing options for its active ingredients business, including a possible sale, people with knowledge of the matter said, as takeovers of health-care assets continue to defy the global dealmaking slump. Most Read from BloombergNYC Air Quality Drops to Unhealthy Levels — But Canadian Fires Aren’t to BlameXi’s Metal Curbs Risk Backfiring as G-7 Seeks China AlternativeBond Yields Higher as Another Rate Hike Signaled: Markets WrapEarth Keeps Bre
12h ago
ZacksLabCorp (LH) Partners With Forge Biologics for Gene Therapies
LabCorp's (LH) latest partnership will significantly assist patients gain access to cutting-edge, potentially life-saving medication.
13h ago
ZacksAmneal (AMRX) Shares Down on CRL for Parkinson's Disease Drug
Amneal (AMRX) suffers a setback as the FDA issues a complete response letter (CRL) to its new drug application (NDA) for IPX203 for treating Parkinson's disease.
14h ago
BloombergDaiichi, AstraZeneca Drop on Concern Over Lung-Cancer Drug
(Bloomberg) -- Daiichi Sankyo Co. and partner AstraZeneca Plc shares fell the most in years after a study of their highly-anticipated lung cancer medicine raised questions about its safety and effectiveness. Most Read from BloombergXi’s Metal Curbs Risk Backfiring as G-7 Seeks China AlternativeLazard Fires Senior Banker for Inappropriate Behavior at PartyChina Restricts Export of Chipmaking Metals in Clash With USRussian General Still Missing as Defense Chief Slams MutinyOdey’s Hedge Fund Empire
2d ago
BenzingaAmericans Forced To Delay Medical Care As Costs Skyrocket In Healthcare System
Americans are skipping some types of medical care because it's so expensive, according to a recent Federal Reserve report. The Fed's "Economic Well-Being of U.S. Households," 28% of respondents had to forego some form of medical care in 2022 because of the high costs involved, marking a 4 percentage-point increase from the previous year. Among the medical services that were frequently skipped, dental care topped the list, followed by doctor's visits, prescription medication, follow-up appointmen
6h ago
FortuneDoes Medicare cover cataract surgery? What you need to know
The answer, like so much about Medicare, isn’t simple.
2d ago
FortuneEmployee well-being is so critical to some organizations that they’re turning it into a new C-suite role
Several companies have hired chief well-being officers over the past few years as their workforce grapples with the long legacy of the COVID pandemic.
10h ago
Reuters'Stoneos' cannabis cookies look too much like Oreos, says US FTC
WASHINGTON (Reuters) -Six companies that make snacks with the active ingredient of cannabis have been sent cease and desist letters because the packaging looks too much like foods that kids love, including "Stoneos" that mimic Oreo cookies, the U.S. Federal Trade Commission (FTC) said on Wednesday. The letters were sent by the FTC and Food and Drug Administration over concern that children may want to try them, the FTC said, including products that could easily be mistaken for Doritos tortilla chips, Cheetos cheese-flavored snacks, and Nerds and other candies. The products included "Double Stuf Stoneo" marked as made by "Dabisco," and "Jolly Rancher Gummies Sours" as well as a "Cheetos Crunchy XXTRA Flamin' Hot."
9h ago
The Wall Street JournalDon’t Sell Edibles That Look Like Doritos, Federal Officials Tell Companies
The FTC and FDA warned six companies to stop using packaging that resembles popular children’s snacks.
5h ago
Yahoo FinanceMeta is about to launch its Twitter competitor. Here's how it might work out.
Meta's take on Twitter, called Threads, is widely expected to launch on July 6.
7h ago
TipRanks‘Load Up,’ Says Raymond James About These 2 ‘Strong Buy’ Stocks
Have the markets reached the exuberant stage? Bullish sentiment has been the order of the day for a while, and the S&P 500 currently sits at 4,455, reflecting year-to-date gains of 16%. By now, the index has already surpassed the year-end target of 4,400 set by Raymond James’ chief investment officer, Larry Adam. This achievement serves as a bit of vindication for Adam. He went against the prevailing sentiment at the start of the year, which, if you recall, was decidedly bearish due to the downb
1d ago
TipRanks‘High-Quality Growth Is the Key’: Billionaire Ken Fisher Stays Heavily Invested in These 2 Quality AI Growth Stocks
2023 will surely be looked upon as the year AI went mainstream. Fueled by the rise of ChatGPT, the tech has captured the public’s imagination and it is a topic constantly hogging the headlines. Naturally, investors have also tuned in to the conversation, and AI has been driving the year’s rally in tech stocks. But there are already murmurings regarding a bubble in all things AI, so the question is: has the opportunity already played out this year? Not entirely, appears to be the opinion of one i
14h ago
ReutersBank of America increases dividend by 9% after Fed stress test
Bank of America (BofA) said on Wednesday it planned to increase its quarterly common stock dividend to 24 cents per share from 22 cents per share beginning in the third quarter of 2023. BofA, unlike other major U.S. banks, had held back a decision on the dividend last week. Rivals JPMorgan Chase, Citigroup, Wells Fargo, Goldman Sachs and Morgan Stanley hiked their third-quarter dividends on Friday after sailing through the Federal Reserve's stress test.
6h ago
AP FinanceA troubled new power plant leaves Jordan in debt to China, raising concerns over Beijing's influence
Jordan’s Attarat power plant was envisioned as a landmark project promising to provide the desert kingdom with a major source of energy while solidifying its relations with China. Deals surrounding the plant put Jordan on the hook for billions of dollars in debt to China — all for a plant that is no longer needed for its energy, because of other agreements made since the project’s conception. The result is fueling tensions between China and Jordan and causing grief for the Jordanian government as it tries to contest the deal in an international legal battle.
22h ago
FortuneLegendary investor Jeremy Grantham says the stock market has a 70% chance of crashing—and it could be an epic burst like the 1929 crisis
The bubble burst has been somewhat delayed by A.I., the investment stalwart noted—but said it will not delay the inevitable crash.
16h ago
Barrons.comCar Payments Are Too Expensive but Relief Could Be on the Way
In the second quarter, 17.1% of people who are financing a vehicle purchase are paying more than $1,000 a month, a record. Rates could ease soon, however, as the Fed is closer to ending hikes.
12h ago
Investor's Business DailyThe Ultimate Warren Buffett Stock Is In A Buy Zone, But Should You Buy It?
Berkshire Hathaway is the ultimate Warren Buffett stock. It is near an entry but is it a good buy? Here's what earnings and charts show for Berkshire stock.
8h ago
Business InsiderOver half a million silver coins just vanished – now the metals dealer behind the 'fraudulent' scheme must pay $146 million
A precious metals dealer has been asked to pay $146 million in damages after over 500,000 silver coins disappeared. Robert Higgins ran a "fraudulent and deceptive scheme", says the CFTC.
1d ago
BloombergChinese Builder’s $1.8 Billion Distressed Asset Gets No Bids
(Bloomberg) -- A $1.8 billion project by defaulted Chinese developer Shimao Group Holdings Ltd. failed to find a buyer at a forced auction, underscoring the lack of investment appetite amid a weakening economy. Most Read from BloombergUS Stocks Mixed as Tech Giants Hold Onto Gains: Markets WrapEarth Keeps Breaking Temperature Records Due to Global WarmingXi’s Metal Curbs Risk Backfiring as G-7 Seeks China AlternativeLazard Fires Senior Banker for Inappropriate Behavior at PartyChina Restricts Ex
22h ago
Business InsiderThe 'Rule of 10' can help investors identify the next big stock market winners, according to Goldman Sachs
"Our 'Rule of 10' is a tool that portfolio managers can use as a starting point to identify stocks with strong secular growth," Goldman Sachs said.
3h ago
Yahoo FinanceHomeowners in DeSantis’s Florida face a costly and unique problem
Florida homeowners insurance is the costliest in the nation--and going higher. Critics say Florida governor Ron DeSantis should do more to fix the problem instead of campaigning for president.
6h ago
ReutersChinese rush to buy Hong Kong insurance, dollars as confidence cracks, yuan weakens
Chinese investors are rushing offshore to make dollar deposits and buy Hong Kong insurance in a signal domestic confidence is languishing and that the ailing yuan faces more pressure. The outflows highlight deep-seated concern about the state of China's economy as its much-awaited pandemic recovery stalls. Brokers say individuals are responsible for the surge and it shows no sign of letting up, which analysts warn could put further pressure on the yuan as it teeters at eight-month lows.
4h ago
InvestopediaTop CD Rates Today, July 5, 2023
See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.
6h ago
BloombergZuckerberg Posts First Tweet in 11 Years in Threads Jibe at Musk
(Bloomberg) -- Mark Zuckerberg posted his first tweet in more than a decade, a playful jab at Elon Musk on the day the Meta Platforms Inc. founder rolled out a much-anticipated Twitter substitute.Most Read from BloombergNYC Air Quality Drops to Unhealthy Levels — But Canadian Fires Aren’t to BlameXi’s Metal Curbs Risk Backfiring as G-7 Seeks China AlternativeBond Yields Higher as Another Rate Hike Signaled: Markets WrapEarth Keeps Breaking Temperature Records Due to Global WarmingFed Minutes Rev
1h ago
Business InsiderMeet the Wall Street scaremongers who were totally wrong about an 'imminent recession'
Wall Street fearmongers keep warning that a recession and stock market crash are just around the corner. It's time to start ignoring them.
10h ago
ZacksDisney's (DIS) Latest Indiana Jones Movie Hits the Right Chord
Disney's (DIS) latest movie -- Indiana Jones and the Dial of Destiny -- captured audience attraction with an impressive opening weekend gross of $130.6 million.
15h ago
SmartAssetUS Cities Where It's Cheaper to Buy Than Rent a Home
Potential homeowners may feel left in the dust with recent increases in costs and interest rates. But with the right combination of factors in some U.S. cities, the costs of homeownership may actually be less than the cost of renting, … Continue reading → The post Buy vs. Rent: A Comparison of Housing Costs in U.S. Cities – 2023 Study appeared first on SmartAsset Blog.
14h ago
Investor's Business DailyThese Are The 5 Best Stocks To Buy And Watch Now
Buying a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard. So what are the best stocks to buy now or put on a watchlist?
9h ago
BloombergSubprime Auto Bondholders Face Possible First Hit in Decades
(Bloomberg) -- The collapse of two US auto dealers and a growing pile of delinquent car loans are threatening to deliver losses in a corner of Wall Street that, until now, has been a sea of calm: the asset-backed securities market.Most Read from BloombergXi’s Metal Curbs Risk Backfiring as G-7 Seeks China AlternativeBond Yields Higher as Another Rate Hike Signaled: Markets WrapNYC Air Quality Drops to Unhealthy Levels — But Canadian Fires Aren’t to BlameEarth Keeps Breaking Temperature Records D
18h ago
ZacksAdvanced Micro Devices (AMD) Dips More Than Broader Markets: What You Should Know
In the latest trading session, Advanced Micro Devices (AMD) closed at $113.95, marking a -1.61% move from the previous day.
6h ago
Business InsiderThe 'superbubble' in stocks and housing will burst - but the AI boom might delay the crash, Jeremy Grantham says
Markets guru Jeremy Grantham expects a historic crash in stocks and house prices, but says the AI craze migh delay doomsday by a couple of quarters.
1d ago
Yahoo FinanceSpectre: The Rolls-Royce of EVs is finally here
The Spectre EV is delivering what it was meant to do — be a Rolls-Royce motorcar first above all else.
10h ago
ZacksCiti (C) Raises Dividend Despite Higher Stress Capital Buffer
Citigroup's (C) SCB requirement increases to 4.3% from the current 4%. Nonetheless, it plans to hike the current quarterly dividend by 4% to 53 cents per share for third-quarter 2023.
2d ago
Recommend
About Joyk
Aggregate valuable and interesting links.
Joyk means Joy of geeK