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TUSK IC raised €15 million (about $17.19 million) in a series a round led by Matterwave Ventures and FORWARD.one and Flanders Future Tech Fund, announced Sept. 17.

Facts

Company
TUSK IC
Amount
€15 million (about $17.19 million)
Currency
EUR
Stage
Series A
Announced
Sep 17, 2026
Instrument
Equity
FX rate
1 EUR = 1.146 USD on Sep 17, 2026

Investors

Participants
Schaubroeck family

Use of funds

Accelerate the transition from prototype chips to high-volume production.

As stated by the company.

Sources

  1. 1.Antwerp-based TUSK IC secures €15 million to move its Ka-band satellite chips into mass production — EU-Startups, Sep 18, 2026

Public sources — Collected from public sources, not yet cross-checked.Last verified Oct 15, 2026