TUSK IC raises €15M in Series A funding led by Matterwave Ventures, FORWARD.one, and Flanders Future Tech Fund to advance satellite communications technology.
Amount Raised
€15 Million
Round Type
Series A
LeuvenManufacturingHardwareAerospaceSatellite CommunicationWirelessInvestors
Description
TUSK IC, a spin-out of KU Leuven, has closed its Series A funding round of €15 million to accelerate commercialization of CMOS-based Beamformer ICs for Ka-band satellite communications. The round is led by Matterwave Ventures, FORWARD.one, and Flanders Future Tech Fund, with participation from the Schaubroeck family and existing investors. The funding enables TUSK IC to scale its breakthrough technology for next-generation LEO and MEO satellite constellations. Earlier this year, TUSK IC secured a contract from the European Space Agency to support its technological advancement.
Quick answer
TUSK IC raised €15 Million in a Series A round, dated September 17, 2026. Investors: Matterwave Ventures, Flanders Future Tech Fund, Forward.One and Schaubroeck Family. TUSK IC is based in Leuven, Flemish Brabant, Belgium.
- How much did TUSK IC raise?
- TUSK IC raised €15 Million in a Series A round on September 17, 2026.
- Who invested in TUSK IC?
- Matterwave Ventures, Flanders Future Tech Fund, Forward.One and Schaubroeck Family are named as investors in this round.
- What does TUSK IC do?
- TUSK IC is a spin-out of KU Leuven that develops CMOS ICs for automotive, industrial, and satellite communications segments.
- Where is TUSK IC based and how big is it?
- TUSK IC is based in Leuven, Flemish Brabant, Belgium. Fundz records about 22 employees.
- Who are the decision-makers at TUSK IC?
- Fundz holds 2 contacts at TUSK IC, including the Chief Executive Officer. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Hardware and Aerospace around the same time
Companies in the same sectors as TUSK IC that raised within 45 days of this round, from Fundz verified event records.
- Reflex Aerospace raised an undisclosed amount on October 20, 2026.
- USBC raised $19M (Debt Financing) on October 12, 2026.
- Fortastra raised $33M (Series A) on October 8, 2026.
- Golbriak Space raised $4.5M (Seed) on October 8, 2026.
- Hubble Network raised $200M (Series C) on September 23, 2026.
- Rocket Lab Corp raised $1.9B (Post-IPO Equity) on September 19, 2026.
Who to call at TUSK IC, and when
A new round usually means TUSK IC is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day TUSK IC raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at TUSK IC, from your own LinkedIn network
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