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A new Estonian DeepTech startup MuRayTech has closed its first investment round, raising a six-figure sum led by Helsinki-based Nordic Science Investments, with participation from Estonian software company Peaksjah and a Swiss investor with CERN experience, reports Äripäev.
MuRayTech is developing laser plasma accelerators to create artificial muon radiation for imaging applications. Muons are subatomic particles about 200 times heavier than electrons that can penetrate dense materials like steel while providing detailed imaging information. One can think of it as a high-grade X-ray.
The breakthrough lies in generating artificial muons on demand, rather than relying on natural cosmic ray muons. This enables precision control, higher intensity beams, and compact deployable systems. The technology offers safer, non-ionising imaging compared to traditional X-rays, with applications in industrial quality control, infrastructure monitoring, cargo scanning, and medical diagnostics.
MuRayTech is a spin-off built by Andi Hektor, who was a c0-founder at Gscan, an Estonian scale-up that uses natural muon radiation for infrastructure and cargo container scanning.
Hektor partnered with scientist Kristjan Põder, who heads the laser plasma accelerator research group at Germany’s DESY research centre. The new company collaborates closely with Cambridge University to strengthen its medical technology capabilities and UK operations. Yet, the company is still in “stealth mode”, as says its official website, with more details coming later.
The funding from Nordic Science Investments, which focuses on commercialising academic projects, will support technology development and preparation for commercial applications.
