GScan
GScan is a company.
Financial History
GScan has raised $3.0M across 1 funding round.
Leadership Team
Key people at GScan.
Frequently Asked Questions
How much funding has GScan raised?
GScan has raised $3.0M in total across 1 funding round.
GScan is a company.
GScan has raised $3.0M across 1 funding round.
Key people at GScan.
GScan has raised $3.0M in total across 1 funding round.
GScan has raised $3.0M in total across 1 funding round.
GScan's investors include Icebreaker.vc, Solana Ventures, Soma Capital, Chris Eyre, Cory Levy.
Key people at GScan.
GScan is an Estonian deep-tech startup founded in 2018 that develops muon tomography 3D scanners using harmless cosmic rays (muons) and AI for non-invasive imaging.[2][3][6] The company serves security, infrastructure maintenance, defense, national security, healthcare, and space sectors by providing detailed 3D imagery of internal structures in cargo, vehicles, bridges, tunnels, and nuclear reactors, solving problems like hazardous material detection and structural integrity assessment without harmful X-rays.[1][2][3] GScan has raised over $6.19M across 8 funding rounds, including a €500K round in 2023 led by angel investor Indrek Kasela and a €3M seed in 2024 from Bolt founder Markus Villig and Japanese corporate VCs, demonstrating strong growth momentum with commercial projects like scanning Soviet-era nuclear reactors and EU-funded truck scanners.[1][2][4]
GScan emerged from a GoSwift project on automated border crossing, where detecting occupants in vehicles required safe scanning tech.[3] GoSwift CEO Hannes Plinte recruited University of Tartu researcher Madis Kiisk and National Institute of Chemical Physics researcher Andi Hektor, forming the core team of CERN physicists, engineers, and entrepreneurs.[2][3] By 2018-2019, GScan OÜ was founded with its first patent filed; a lab prototype arrived in 2020, followed by a 900m² pilot plant in Tartu in December 2022 and the first commercial contract.[3] Key early traction included a €7.5M EU project in 2021 for a Tallinn port truck scanner with partners like the German Space Agency and University of Sheffield, plus €2.8M national R&D projects in 2022.[3]
GScan rides the wave of AI-enhanced deep tech for infrastructure and security, capitalizing on aging global assets like bridges and nuclear facilities amid rising safety demands from terrorism and climate wear.[1][2] Timing aligns with muon tomography's commercialization via AI advances, replacing X-rays in a market hungry for non-invasive, health-safe alternatives—especially as EU funds (€7.5M+ projects) and private capital (€3M seed) accelerate deployment.[2][3] It influences the ecosystem by setting benchmarks in ports (Tallinn truck scanner), defense, and space, partnering with agencies and universities to standardize cosmic-ray tech for public safety and construction.[2][3]
GScan's trajectory points to scaled commercialization, with recent 2025 biz plan competition funding signaling expansion into Europe-wide nuclear inspections, SilentBorder deployments, and new sectors like healthcare.[2][4] Trends in AI-driven non-destructive testing and global security threats will propel growth, potentially valuing its patented edge in a multi-billion infrastructure market. As muon tech matures, GScan could redefine safe scanning, evolving from Estonian innovator to global leader in cosmic-ray applications—turning everyday radiation into a force for a cleaner, safer world.[1][2]
GScan has raised $3.0M across 1 funding round. Most recently, it raised $3.0M Seed in March 2024.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Mar 1, 2024 | $3.0M Seed | Icebreaker.vc, Solana Ventures, Soma Capital, Chris Eyre, Cory Levy |