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01 Oct 2026, 4:17 AMTechCrunch Startups3.0 A Neko Health investor on the $700M bet to scan your whole body

TechCrunch's Equity podcast episode features Farooq Abbasi, founder and general partner of Preface Ventures and an investor in Neko Health, discussing the company's $700 million raise to build a preventative body-scanning business. The episode covers what Neko's $500 scan actually includes, how the company keeps that price down, why Abbasi sees low primary-care utilization as one of the biggest problems in U.S. healthcare, and his view that some consumer-health startups may be overfunded. The show also notes Midjourney is building its own body scanner and that Function Health has raised significant capital for a preventative-health platform.

Why: This is a podcast promo, not new product or pricing news, so nothing here changes what you build this week. The one reusable number is the $500 scan price and the claim that Neko keeps it down through its own operations — if you are modelling consumer health or diagnostics pricing for a Malaysian or SEA market, that unit-economics question (what a scan must cost to be repeatable without insurance) is the part worth stealing, and the episode reportedly discusses it. Otherwise treat the $700M figure as a funding headline, not a signal about your roadmap.

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