About Neuranics
Neuranics is a company based in Glasgow (United Kingdom) founded in 2021.. Neuranics has raised $11.01 million across 3 funding rounds from investors including University of Glasgow, Blackfinch and The University of Edinburgh. Neuranics operates in a competitive market with competitors including AIdoc, AI Medical Service, eCential Robotics, Lantheus and Vista.ai, among others.
- Headquarter Glasgow, United Kingdom
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Sectors
Healthcare
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$11.01 M (USD)
in 3 rounds
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Latest Funding Round
$8 M (USD), Seed
Apr 09, 2025
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Investors
University of Glasgow
& 8 more
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Employee Count
Employee Count
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Funding Insights of Neuranics
Neuranics has successfully raised a total of $11.01M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $8 million completed in April 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Seed — $8.0M
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First Round
First Round
(29 Sep 2023)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2025 | Amount | Seed - Neuranics | Valuation | Blackfinch | |
| Dec, 2024 | Amount | Seed - Neuranics | Valuation |
investors |
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| Sep, 2023 | Amount | Seed - Neuranics | Valuation | Par Equity |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Neuranics
Neuranics has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include University of Glasgow, Blackfinch and The University of Edinburgh. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Tech startups are funded by Blackfinch, a venture capital firm.
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Founded Year | Domain | Location | |
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Venture capital and natural capital investments are managed by Par Equity.
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Founded Year | Domain | Location | |
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Investment and expertise are provided to early-stage Scottish companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Neuranics
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Neuranics
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Neuranics Comparisons
Competitors of Neuranics
Neuranics operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as AIdoc, AI Medical Service, eCential Robotics, Lantheus and Vista.ai, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI-based single-screen system is provided to streamline medical imaging.
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| domain | founded_year | HQ Location |
Provider of AI-based solution for diagnosis of cancer related lesions
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| domain | founded_year | HQ Location |
Robotic surgery platform for bone procedures is developed.
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| domain | founded_year | HQ Location |
Developer of diagnostic imaging agents and targeted therapeutics
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| domain | founded_year | HQ Location |
AI-guided software is utilized to automate MRI exams for clinicians.
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| domain | founded_year | HQ Location |
Provider of AI-based skin cancer monitoring and detecting device for patients and doctors
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Neuranics
Frequently Asked Questions about Neuranics
When was Neuranics founded?
Neuranics was founded in 2021 and raised its 1st funding round 2 years after it was founded.
Where is Neuranics located?
Neuranics is headquartered in Glasgow, United Kingdom. It is registered at Glasgow, Scotland, United Kingdom.
Who is the current CEO of Neuranics?
Noel Mckenna is the current CEO of Neuranics.
Is Neuranics a funded company?
Neuranics is a funded company, having raised a total of $11.01M across 3 funding rounds to date. The company's 1st funding round was a Seed of $2.31M, raised on Sep 29, 2023.
What does Neuranics do?
Developer of magnetic sensing technology for next-generation wearable systems. The company uses magnetic sensing technology has potential applications in healthcare and can detect the magnetic fields generated by the muscles and the heart.
Who are the top competitors of Neuranics?
Neuranics's top competitors include AIdoc, eCential Robotics and Vista.ai.
Who are Neuranics's investors?
Neuranics has 9 investors. Key investors include University of Glasgow, Blackfinch, The University of Edinburgh, Par Equity, and Archangels.