UK based magnetic sensor tech developer Neuranics secures £1.9m funding

UK based sensor specialist startup Neuranics funded with £1.9 million investment led by Par Equity. The University of Glasgow, Old College Capital, the University of Edinburgh’s venture investment fund, and London-based Creator Fund, who back scientific founding teams, also participated in the pre-seed round. Neuranics co-founded by chief technology officer (CTO) and Professor of Nanoelectronics at the University of Glasgow, Hadi Heidari, Lead Engineer, Dr Siming Zuo, and University of Edinburgh Professor of Digital Health and Neuranics’s chief strategy officer (CSO), Kia Nazarpour. Neuranics develops pioneering magnetic sensors integrated with semiconductor technology for health, fitness, and metaverse applications. Neuranics’s patented technology uses scalable spintronics sensors powered by semiconductors to detect tiny magnetic signals from organs of the body – for example the heart and muscles of the arms, which the company says could transform the current shortcomings of health monitoring devices and human-machine interfaces. The company’s magnetocardiography (MCG) sensors are easier to use than traditional electrocardiography (ECG) sensors. In a human-machine interface application the magnetomyography (MMG) sensing system can estimate single finger movements by detecting the magnetic activity of the forearm muscles. These sensors improve the latency issues when use...