“An ounce of prevention is worth a pound of cure,” according to an old adage, but is it worth $380? More than 100,000 people seem to think so because that is the worldwide waiting list for Neko Health’s first-of-its-kind, full-body AI scans. Investors are bullish too. The Stockholm-based health tech start-up recently raised $260 million in Series B funding, valuing it at $1.8 billion. The round was led by Lightspeed Venture Partners, a backer of Elon Musk’s xAI, Stripe, and Epic Games. Founded by Spotify co-founder Daniel Ek and serial entrepreneur Hjalmar Nilsonne, Neko Health is focused on prevention and early detection. Its unique scan uses over 70 sensors and a mix of proprietary and off-the-shelf technologies to collect 50 million data points in about 10 minutes. It noninvasively measures heart function and circulation while taking over 2,000 high-resolution images, mapping blemishes. A blood draw and other tests like grip strength are also administered. Immediately after the scan, patients consult with a doctor to review the results. The hour-long visit, conducted in a spa-like environment, costs £299 ($380). “We’re at the beginning of a big shift in the healthcare market, from reactive to proactive, driven both by technological advancements and growing consumer demand,” says Nilsonne.Neko’s first clinic launched in Stockholm in 2023 when it raised $65 million from investors including Atomico, General Catalyst, and Lakestar. A second clinic opened in London last year. The latest round will fuel expansion in Europe and particularly in the United States once it receives regulatory approvals.