Cerca Magnetics

Summary active Updated May 26, 2026

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Location Nottingham, United Kingdom
Founded 2020
Latest Stage Series A
Total Raised £3.8M
Website https://www.cercamagnetics.com/
Sector
neurotech medical-devices quantum healthcare deeptech brain-imaging

About

Cerca Magnetics is a UK-based medical device company developing wearable quantum brain scanners using optically pumped magnetometers (OPMs) to detect magnetic fields from brain electrical activity 12. The company’s magnetoencephalography (MEG) system replaces traditional fixed scanners with lightweight helmet-based sensors that allow patients to move naturally during scans, including enabling brain imaging of infants 1. Applications span epilepsy, multiple sclerosis, and dementia research 1. Cerca Magnetics is a 2020 spin-out from the University of Nottingham’s School of Physics and Astronomy; David Woolger serves as CEO and co-founder 2. The company has sold 19 systems across 12 countries with over 100% annual sales growth over the past three years 1.

Funding History

Date Round Amount Lead Co-investors
2026-04-21 Series A £3.8M (~€4.3M) Guinness Ventures — 123

What Investors Say

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What Founders Say

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Sources

  1. The Quantum Insider, “Cerca Magnetics Secures £3.8m in Series A Funding to Scale Quantum Brain Scanner,” April 21, 2026, accessed April 2026. https://thequantuminsider.com/2026/04/21/cerca-magnetics-secures-38m-series-a-funding-scale-quantum-brain-scanner/↩↩↩↩↩

  2. Nottingham Technology Ventures, “Cerca Magnetics secures £3.8m in Series A funding to scale quantum brain scanner,” April 22, 2026, accessed April 2026. https://www.nottinghamtechventures.com/cerca-magnetics-secures-3-8m-in-series-a-funding-to-scale-quantum-brain-scanner/↩↩↩

  3. EU-Startups, “Cerca Magnetics raises €4.3 million to scale wearable brain imaging systems powered by quantum sensing,” April 24, 2026, accessed April 2026. https://www.eu-startups.com/2026/04/cerca-magnetics-raises-e4-3-million-to-scale-wearable-brain-imaging-systems-powered-by-quantum-sensing/↩