Neko Health, the company behind a 10-minute preventative health scan, is among the "moonshot projects" that have garnered Ek's support.
Also this week: Sony Music Masterworks invests in live events producer Proactiv, music collaboration platform boombox.io raises funds and more.
Detroit techno legend Kevin Saunderson and Russian DJ-producer ARTY are among the fund's first catalog acquisitions.
The company will use the funds to sign more artists and songwriters while purchasing current music assets in the pop and hip-hop genres.
Also this week: Chrysalis pacts with Secretly Distribution, Beatport partners with a blockchain network for a Web3 marketplace and more.
The investment values the Atlanta-based label and management firm behind Summer Walker, 6lack and more at over $100 million.
