Belgian Fabless Semiconductor Firm Magics Raises €4M Funding

Magics specializes in semiconductor technologies for high-radiation environments, targeting space, nuclear energy, and defense markets. The new capital will support the expansion of its radiation-tolerant CMOS-based solutions.

The funding round was led by SC One (Family Schaubroeck & Cipal) and PMV, with continued support from financial, industrial, and academic partners, including KU Leuven Research & Development, Gemma Frisius Fund, Invest for Jobs, SCK CEN, and Magics’ founders.

Founded in 2015, Magics Technologies develops semiconductors for extreme environments, enabling applications in clean energy, space exploration, and critical infrastructure.

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The company is reportedly the only commercial provider of chips capable of withstanding radiation levels 1,000 times higher than typical devices. Magics designs radiation-hardened-by-design (RHBD) integrated circuits using standard CMOS processes and supports customers through design, qualification, and integration with its in-house expertise and validated component platforms.

Originating as a spin-off from KU Leuven and the Belgian Nuclear Research Centre (SCK CEN), Magics combines KU Leuven’s research capabilities with SCK CEN’s experience in nuclear science, medicine and astronautics to advance 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.”

The funding will enable Magics to boost production and expand into international markets, including North America and Asia (Japan, India, South Korea).

It will also strengthen the company’s role in Europe’s efforts to create independent, resilient semiconductor supply chains for critical sectors like 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 hit a significant milestone in its commercial growth, advancing in both space and nuclear sectors. In space, the company secured major flight-model orders for its TDC chips, offering picosecond-level time measurement for satellite payloads, along with multiple design-ins for low-jitter PLLs with satellite manufacturers.

In the nuclear sector, demand rose for radiation-hardened image sensors used in inspection, robotics and plant life-extension programs, while the Motion Series continued validation for nuclear fusion applications.

Following its funding round, Magics is now focused on scaling production, strengthening global partnerships, delivering flight hardware, and expanding its system platform offerings into new markets.

The company’s mission remains to create electronics that keep functioning when others fail.

About Magics

Magics Technologies is a European fabless semiconductor company delivering high-reliability, radiation-hardened ICs for mission-critical applications in space, nuclear, aerospace, and defense. Its Vision, Motion, AI, and Time series support robotics, sensors, satellites, drones, AI, and edge computing for autonomous, fault-tolerant systems.