The announcement was made by Valentin Filip, managing partner within Fortech Investments. The investment is actually the prize awarded to the Rayscape team after winning the startup program organized by Rubik Hub.

Rayscape was co-founded in 2018 in Timisoara by Andrei Tenescu, Bogdan Bercean, Cristian Avramescu, and Stefan Iarca. It developed a complex digital assistant that uses artificial intelligence algorithms to assist radiologists in analyzing medical images such as chest X-rays or lung CT scans. The digital assistant is used by more than 100 public and private institutions in Romania, Poland, Hungary, Slovakia and Croatia.

Rayscape has previously raised financing worth over EUR1.5 million.