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Neuranics
Quantum magnetic sensors for human-machine interface applications
About Neuranics
Neuranics is a deep-tech semiconductor company founded in 2021 as the first joint spin-out from the University of Glasgow and the University of Edinburgh. The company develops high-precision, contactless magnetic sensing solutions based on Tunneling Magnetoresistance (TMR) quantum technology. This technology is designed to detect ultra-weak magnetic fields generated by the human body, such as those from the heart and muscles.
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The company was co-founded by Hadi Heidari, Professor of Nanoelectronics at the University of Glasgow (CTO); Kia Nazarpour, Professor of Digital Health at the University of Edinburgh (CSO); and Dr. Siming Zuo, an expert in electronic system design (Innovation Manager). Their collective expertise in nanoelectronics, AI, and semiconductor design formed the foundation of the company. Irish industry veteran Noel McKenna joined as CEO in 2023 to commercialize the technology.
Neuranics' business model centers on selling its sensor chips and licensing its technology to Tier-1 consumer electronics and semiconductor manufacturers. The company collaborates with these partners to integrate its solutions into their products. Its primary markets include extended reality (XR), wearable devices, digital health, and human-machine interfaces. The technology offers a low-power, scalable, and more comfortable alternative to traditional methods like electrocardiography (ECG), as it can function without direct skin contact and even through clothing.
The core products include patented TMR sensors, custom Application-Specific Integrated Circuits (ASICs), and AI-enabled hardware and software. Neuranics offers a development kit for its Magnetocardiography (MCG) technology, allowing partners to test and integrate the sensors for applications like 24/7 heart monitoring. Another key application is Magnetomyography (MMG) for gesture recognition, which can interpret fine muscle movements in the forearm for controlling robotics or interacting with virtual environments.
At a glance
- Founded
- 2021
- Headquarters
- Glasgow, United Kingdom
- Sector
- Health Tech & Medtech
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed5 investors entered at this stage
Par Equity
Blackfinch Ventures
Old College Capital
University of Glasgow
Archangels
Source: Dealroom Talent Intelligence.
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