Magics has raised 5.7 million euros in a funding round to accelerate the development of radiation-hardened chips. This funding will enhance its offerings in the space and nuclear sectors.
Amount Raised
€5.7 Million
Round Type
Funding Round
GeelManufacturingInvestors
Description
Flemish IC design firm Magics has raised 5.7 million euros in funding to accelerate the development of radiation-hardened chips and expand its commercial footprint in both the space and nuclear sectors. The proceeds will be used to roll out three product lines: imaging chips for nuclear cameras, precision timing chips for space, and control chips for robotics. This marks a key milestone in transitioning from a project-based R&D model to a product-focused semiconductor company. Customers have already begun evaluating functional prototypes.
Quick answer
Magics raised €5.7 Million in a Funding Round round, dated April 22, 2025. Investors: Founders Of Magics, Gemma Frisius Fund, Ku Leuven Research & Development, Invest For Job and Flanders Future Tech Fund. Magics is based in Geel, Antwerpen, Belgium.
- How much did Magics raise?
- Magics raised €5.7 Million in a Funding Round round on April 22, 2025.
- Who invested in Magics?
- Founders Of Magics, Gemma Frisius Fund, Ku Leuven Research & Development, Invest For Job and Flanders Future Tech Fund are named as investors in this round.
- What does Magics do?
- Magics is a European fabless semiconductor company that provides high-reliability, high-performance, fault-tolerant, and radiation-hardened chips for strategic sectors such as space, nuclear energy, aerospace, and..
- Where is Magics based and how big is it?
- Magics is based in Geel, Antwerpen, Belgium. Fundz records about 41 employees.
- Who are the decision-makers at Magics?
- Fundz holds 1 contact at Magics. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Manufacturing around the same time
Companies in the same sectors as Magics that raised within 45 days of this round, from Fundz verified event records.
- Voltrac raised $2.3M (Seed) on June 6, 2025.
- Phoenix Semiconductor raised $9.1M on June 6, 2025.
- Aircapture raised $50M (Series A) on June 6, 2025.
- SWTCH raised an undisclosed amount (Corporate Round) on June 6, 2025.
- Skyrenu Technologies raised an undisclosed amount (Pre-Seed) on June 6, 2025.
- Green Matters Technologies raised $500K on June 6, 2025.
Who to call at Magics, and when
A new round usually means Magics is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Magics raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Magics, from your own LinkedIn network
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