Nxgsat secures €1.2 million ($1.4 million) in seed funding to develop a virtual 5G modem for multi-orbit compatibility. This funding will support product development and team expansion ahead of a planned commercial release in Q2 2026.
Amount Raised
€1.2 Million
Round Type
Seed
Description
Belgian startup Nxgsat has announced €1.2 million ($1.4 million) in seed funding to develop a virtual 5G modem. Led by satellite networking veterans, the funds will support product development and team expansion for a commercial release in Q2 2026. Nxgsat aims to create a hardware-agnostic modem using open standards for satellite communications. This technology will facilitate easier transitions between different satellite and terrestrial providers, enhancing network efficiency.
Quick answer
Nxgsat raised €1.2 Million in a Seed round, dated October 21, 2025.
- How much did Nxgsat raise?
- Nxgsat raised €1.2 Million in a Seed round on October 21, 2025.
- What does Nxgsat do?
- Nxgsat is a Belgian startup focused on developing a virtual 5G modem designed for multi-orbit compatibility.
- Where is Nxgsat based and how big is it?
- Fundz records about 8 employees.
- Who are the decision-makers at Nxgsat?
- Fundz holds 1 contact at Nxgsat. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Hardware and Telecommunications around the same time
Companies in the same sectors as Nxgsat that raised within 45 days of this round, from Fundz verified event records.
- Relativity Networks raised $4K (Seed) on December 1, 2025.
- Alyrica Networks raised $4.3M (Seed) on October 20, 2025.
- Wytec International raised $94K on October 15, 2025.
- Atlas Tower Kenya raised $27M (Funding Round) on October 3, 2025.
- Microamp raised an undisclosed amount (Funding Round) on September 16, 2025.
- DNA X, Inc. raised an undisclosed amount (Funding Round) on September 16, 2025.
Who to call at Nxgsat, and when
A new round usually means Nxgsat is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Nxgsat raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Nxgsat, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Nxgsat. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Nxgsat raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Nxgsat raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.