Neuranics (Seed)
Funding Details
Awarder
SemiNews
Date Award
April 9, 2025
Vertical
Magnetic Sensing Technology
Funding Amount
$8,000,000
Company Info
Founding Year
2021
Traction
Neuranics is collaborating with Tier-1 semiconductor and XR manufacturers to validate performance and production readiness for scaling into high-volume applications across consumer, industrial, and healthcare markets.
Market
Human-Machine Interaction
Location
Glasgow, United Kingdom
Coinvestors
Blackfinch Ventures, Archangels, Par Equity, University of Glasgow, Old College Capital
Company Description

Neuranics is a pioneering company in magnetic sensing technology, specializing in Tunnelling Magnetoresistance (TMR) sensors that detect tiny magnetic signals from the human body for applications in gesture recognition and health monitoring. Founded as a joint spinout from the University of Glasgow and the University of Edinburgh, Neuranics aims to integrate its technology into emerging markets such as XR, wearables, and digital health.

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