2 years ago

Neuranics Secures £1.9M Funding to Advance Magnetic Sensor Technology

  • Neuranics, a Glasgow-based sensor specialist startup, has raised £1.9 million in funding led by Par Equity with participation from GU Holdings, Old College Capital, and Creator Fund

  • The company intends to use the funds to expand operations and its business reach

  • Founded in 2021, Neuranics develops magnetic sensors integrated with semiconductor technology for health, fitness, and metaverse applications

  • Their patented technology uses scalable spintronics sensors powered by semiconductors to detect tiny magnetic signals from organs in the body, offering a potential solution to the limitations of current health monitoring devices and human-machine interfaces.

      • ProblemHealthcare

      "making health monitoring devices and human-machine interfaces more efficient and accurate"

      Solution

      "develops magnetic sensors integrated with semiconductor technology to detect tiny magnetic signals from organs in the body, improving latency issues and increasing the accuracy of health monitoring and human-machine interfaces"

      Covered on