# Cerca Magnetics

**Source:** https://www.startuphub.ai/startups/cerca-magnetics
**Profile type:** Startup

> Developing wearable brain imaging systems using quantum sensing technology.

## About

Cerca Magnetics is a UK-based MedTech startup that has developed a wearable brain scanner utilizing quantum sensing technology. Their system is based on magnetoencephalography (MEG) and replaces traditional fixed scanners with lightweight, optically-pumped magnetometer sensors. This innovation allows for natural patient movement during scans, enabling brain imaging of infants for the first time and making advanced brain imaging more accessible for children and for the diagnosis and treatment of neurological conditions like epilepsy, multiple sclerosis, and dementia. The company is progressing through clinical approval pathways in the UK and the US and works with research institutions, healthcare providers, and government partners worldwide.

## Key facts

- **Slug:** cerca-magnetics
- **Website:** https://www.cercamagnetics.com/
- **Location:** Nottingham, England, United Kingdom
- **Founded:** 2020-01-01 00:00:00
- **Employees:** 20
- **Operating status:** Active
- **Total funding:** $7M
- **Sectors / tags:** Medical Devices, Biotechnology, Healthcare Technology, Quantum Technology, MedTech, HealthTech, Biotech, Neurotech, Quantum Computing, AI Hardware & Chips, Wearables, Advanced Manufacturing & Materials
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/cerca-magnetics
  - Twitter: https://twitter.com/CercaMagnetics

## Frequently asked

### What does Cerca Magnetics do?

Cerca Magnetics is a UK-based MedTech startup that has developed a wearable brain scanner utilizing quantum sensing technology. Their system is based on magnetoencephalography (MEG) and replaces traditional fixed scanners with lightweight, optically-pumped magnetometer sensors. This innovation allows for natural patient movement during scans, enabling brain imaging of infants for the first time and making advanced brain imaging more accessible for children and for the diagnosis and treatment of…

### How much funding has Cerca Magnetics raised?

Cerca Magnetics has raised a total of $7M in funding. The most recent round on record is Series A.

### Where is Cerca Magnetics headquartered?

Cerca Magnetics is headquartered in Nottingham, England, United Kingdom.

### When was Cerca Magnetics founded?

Cerca Magnetics was founded in 2020.

### What industry does Cerca Magnetics operate in?

Cerca Magnetics operates in Medical Devices, Biotechnology, Healthcare Technology, Quantum Technology, MedTech, HealthTech.

### How many employees does Cerca Magnetics have?

Cerca Magnetics has approximately 20 people on record.

### What is Cerca Magnetics's revenue?

StartupHub estimates Cerca Magnetics's annual revenue at $7.8M (range $4.1M to $9.0M, 65% confidence), based on comparable companies in the sector.

### What is Cerca Magnetics's valuation?

StartupHub estimates Cerca Magnetics's effective valuation at $36.3M (range $25.4M to $47.2M, 40% confidence), based on comparable companies in the sector.

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