Kia Nazarpour’s spin out raises $8m to revolutionise magnetic sensing for the future of human-machine interaction

The company, which won a prestigious Consumer Electronics Show (CES) Innovation Award was co-founded in 2021 by Kia Nazarpour, Professor of Digital Health at the School of Informatics and Neuranics’s chief strategy officer (CSO); Hadi Heidari, chief technology officer (CTO) and Professor of Nanoelectronics at the University of Glasgow, and Lead Engineer Dr Siming Zuo.  

The investment round was led by Blackfinch Ventures, with participation from Archangels, and continued support from Par Equity, the University of Glasgow, and Old College Capital, the University of Edinburgh’s venture investment fund. 

The funding will drive the company’s next phase—strengthening its team, accelerating innovation across core technologies, and enabling widespread integration of its Tunnelling Magnetoresistance (TMR) technology into emerging and high-tech markets, including extended reality (XR), wearables, and digital health monitoring. 

Neuranics’ ultra-sensitive, low-power, and scalable sensors detect tiny magnetic signals from the human body, enabling precise tracking of muscle activity for gesture recognition and heart signals—all without skin contact.  

Compared to traditional methods, Neuranics’ magnetic sensing technology offers improved accuracy, reduced power consumption, and the potential for continuous monitoring. These advantages position Neuranics’ technology as a breakthrough for next-generation XR hardware and wearable technology.