Magics, a Belgian semiconductor company, develops chips that operate in high-radiation environments for sectors such as space, nuclear, and critical infrastructure.

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Antwerp-based Magics, a fabless semiconductor company, has completed the second closing of its capital round, securing an additional €4M and bringing the total raised to €9.7M.

Magics develops semiconductor technologies designed to operate in high-radiation environments, serving markets such as space, nuclear energy, and defence.

The funds will support the company’s continued expansion in the field of radiation-tolerant semiconductor technologies developed in standard CMOS (Complementary Metal-Oxide-Semiconductor).

The new round was led by SC One (Family Schaubroeck & Cipal) and PMV, with follow-on participation from financial, industrial, and academic stakeholders, including KU Leuven Research & Development (LRD), Gemma Frisius Fund (GFF), Invest for Jobs (IFJ), the Belgian Nuclear Research Centre (SCK CEN), and the founders of Magics.

A European fabless semiconductor company

Founded in 2015, Magics Technologies develops semiconductors that function in extreme environments, supporting applications in clean energy, space exploration, and critical infrastructure.

The company claims it is the only commercial provider of semiconductor chips that can withstand radiation levels 1,000 times higher than other commercially available devices.

Magics designs and manufactures radiation-hardened-by-design (RHBD) integrated circuits using standard CMOS processes. Through its in-house design capabilities and a portfolio of validated components and system platforms, Magics supports customers across design, qualification, and integration stages.

The Belgian-based company originated as a spin-off from KU Leuven and the Belgian Nuclear Research Centre (SCK CEN). KU Leuven contributes research and innovation expertise, while SCK CEN provides experience in nuclear science, medicine, and astronautics. This collaboration forms the basis of Magics’ work in radiation-tolerant electronics.

Roald Borré, Head of Venture Capital at PMV, says, “The team at Magics has not only developed revolutionary technology, they’ve shown the courage and expertise to scale it. We’re proud to support their transformation into a production company with global reach.”

Capital utilisation

The funding will help Magics increase production and expand operations in international markets, including North America and parts of Asia such as Japan, India, and South Korea. 

The proceeds will also reinforce the company’s role in Europe’s initiative to build independent and stable semiconductor supply networks for key sectors such as space, nuclear, and fusion.

Jens Verbeeck, CEO of Magics, says, “This second closing represents a strong signal in our strategy and technology. With €9.7M raised, we’re well-positioned to scale production, accelerate global market entry, and deliver on our mission to enable electronics for environments where failure is not an option.”

In 2025, Magics reached a key stage in its commercial development, achieving progress in both the space and nuclear sectors. In the space domain, the company received major flight-model orders for its TDC chips, which provide picosecond-level time measurement for satellite payloads, and secured multiple design-ins for low-jitter PLLs with satellite manufacturers. 

In the nuclear domain, demand increased for radiation-hardened image sensors used in inspection, robotics, and plant life-extension programs, while efforts continued to validate the Motion Series for nuclear fusion applications. 

With the funding round completed, Magics is now focusing on scaling production, strengthening international partnerships, delivering flight hardware, and expanding its system platform offerings into new markets. 

The company’s mission remains to build electronics that continue operating when other systems fail.