Today I'm excited to share an update on @Neko's US expansion. This launch is probably the most consequential milestone in our company's mission to make preventive healthcare accessible at population scale. Modern medicine is extraordinary at fixing you once something has gone wrong. It is almost entirely uninterested in looking before that happens. We've spent the past 8 years building an alternative and we are finally ready to bring it to the US for the first time. Neko NYC opens on 24 September at 300 Lafayette Street in SoHo. A Neko Health Scan is $499. Americans are already spending thousands of dollars to access yearly labs, on-demand scans, or concierge medicine. At Neko, there are no third-party imaging centres, no send-out labs, nobody in the middle taking a cut. We built a completely new healthcare experience ourselves to make it both better and cheaper for you. If you're not familiar with our concept, in one hour you get a full skin check, body composition, EKG, 4-point blood pressure analysis, macro and micro vascular assessment, and comprehensive labs with results before you leave. Then a clinician sits down with you and takes you through every finding, in person, before you leave the building. For about 1.2% of scans we have a direct life-saving intervention. There are already 25,000 New Yorkers in line for a scan. That could mean saving 300 lives in NYC alone. Miami, SF and Washington DC are already under construction. Waitlists for those cities open today (linked in the comments). 🇺🇸

We've raised a $700M Series C, led by @lightspeedvp and co-led by O.G. Venture Partners. Since 2023, more than 350,000 people have signed up for a Neko Health Scan, and 100,000 people have experienced one. Today, our approach to redefining how people understand and act on their health is already working: for returning members, our data shows that 5 out of 7 of their key health markers showed statistically significant improvement between scans. This funding will scale our research into the hidden causes of disease and the development of proprietary technology to detect it before it has time to develop. It will also fund our continued expansion, including to the US, where our first clinic is set to open in New York this year. This round comes weeks after our biggest update yet to the Neko Health Scan, with body composition measures and clinician review of wearable data now included in all scans across our clinics in the UK and Sweden. We're grateful for the continued support of @atomico, @generalcatalyst, and Lakestar, and welcome new investors including Liberty City Ventures, Positive Sum, and BDT & MSD Partners.

Wes Streeting has this morning set out his tax plans - specifically bringing capital gains tax into line with income tax He says that the current system is unfair because it penalises work Higher or additional rate taxpayers will pay 24% on gains in the current financial year. Streeting said that the rates should mirror income tax bands - so 40% for higher rate taxpayers and 45% for additional rate taxpayers He says that the approach could raise £12billion a year Streeting said: “A member of my family is a cleaner in Lancashire. She pays a higher tax rate on her salary than her landlord pays for the growing value of the home she lives in. She slogs her guts out, he puts in far less effort, yet the state rewards him more than her. And we wonder why people are angry. “The system is penalising work. It’s not fair and it’s bad for our economy. We need a wealth tax that works. A pound made from simply owning assets should not be taxed less than a pound made from a hard day's work. We can do it in a way that is pro-growth, pro-entrepreneur and pro-work.”