Healthcare Tech Startups Secure Major Funding, Driving Innovation in Digital Health and AI

In a flurry of recent funding announcements, several healthcare technology startups have secured significant investments, signaling continued growth and innovation in the digital health sector. From full-body scanning technology to AI-powered population health analytics, these companies are pushing the boundaries of what's possible in modern healthcare delivery.

Neko Health Raises $260M for Full-Body Scanning Technology

London-based Neko Health, co-founded by Spotify's Daniel Ek, has secured a massive $260 million in Series B funding. Led by Lightspeed Venture Partners, with participation from General Catalyst, O.G. Venture Partners, Rosello, Lakestar, and Atomico, this round brings Neko's total funding to $325 million since its launch in February 2023.

Neko's full-body scanning technology, priced at £299 (approximately $368), maps millions of health data points, checking for various conditions including skin cancer, metabolic syndrome, and prediabetes risk. The company has already completed 10,000 scans across Stockholm and London, with a global waiting list exceeding 100,000.

The new funding will accelerate Neko's expansion plans within Europe and the U.S., as well as fuel continued R&D efforts in breakthrough health diagnostics.

AI and Smartphone-Based Solutions Attract Investor Attention

Percipio Health, a Texas-based startup, has launched with $20 million in Series A funding from UPMC Enterprises, WAVE Ventures, Labcorp, and First Trust Capital Partners. The company's platform leverages AI and smartphone technology to collect and analyze "whole-person health signals" without the need for medical monitoring devices.

This asynchronous monitoring approach aims to provide real-time health assessments and identify current and predictive health risks. Dr. Andrew Watson, a professor at UPMC, praised the technology, stating, "This ability to make the patient's phone a pivotal part of health care may provide powerful health insights, second only to genetics."

Meanwhile, IntusCare, a provider of predictive analytics for geriatric care, has secured an additional $11.5 million in funding, bringing its total to $27 million. Led by Deerfield Management, with participation from Citi Impact Fund and Jumpstart Nova, the investment will support the launch of CareHub, a comprehensive care management platform, and accelerate AI research to enhance user experiences for healthcare providers and staff.

Expanding Access to Specialized Care Services

Several startups focused on expanding access to specialized care have also attracted significant investments. Spark Pediatrics, which operates Prescribed Pediatric Extended Care centers, has received $15 million in new capital from UPMC Enterprises, Memorial Hermann Health System, and other investors. The funding will support the company's expansion into new markets and the development of value-based offerings for medically complex children.

In the women's health space, Teal Health has closed an additional $10 million in seed funding to launch its at-home cervical cancer screening device, the Teal Wand. Currently under FDA review, the device is poised to become the first FDA-approved at-home self-collect cervical cancer screening device in the U.S. market.

Peregrine Health, a provider of behavioral health solutions for underserved communities, has secured $5 million to expand its services to Federally Qualified Health Centers and Rural Health Clinics. The company's approach integrates expert clinicians, operational support, and advanced technology to help healthcare partners build sustainable behavioral health programs.

As these startups continue to innovate and expand their offerings, the healthcare technology landscape is poised for significant advancements in patient care, accessibility, and operational efficiency across various specialties and care settings.