Tech Company Financing Transactions

TUSK IC Funding Round

Flanders Future Techfund, Forward.ONE and Matterwave Ventures participated in a $17 million Series A capital raise for TUSK IC. The round closed on 9/18/2026.

Transaction Overview

Company Name
Announced On
9/18/2026
Transaction Type
Venture Equity
Amount
$17,000,000
Round
Series A
Investors

Flanders Future Techfund (Lead Investor)

Forward.ONE (Lead Investor)

Matterwave Ventures (Lead Investor) (Silviu Apostu)

Proceeds Purpose
The investment will accelerate the transition from prototype chips to high-volume production.

Company Information

Company Status
Private & Independent
Industry
Semiconductors
Mailing Address
Cuperusstraat 5
Antwerp, 2018
Belgium
Email Address
Overview
TUSK IC is a pioneer in advancing mmWave IC technology across a range of sectors. Incorporated in 2018 in Belgium, TUSK IC is privately held, developing designs and products for the automotive, industrial, medical, and satcoms segments. The company was originally established as a spin-out from the renowned mmWave Research team at KU Leuven (University of Louvain), with initial development projects for a Belgium Government agency.
Profile
TUSK IC LinkedIn Company Profile
Social Media
TUSK IC Company Twitter Account
Company News
TUSK IC News
Facebook
TUSK IC on Facebook
YouTube
TUSK IC on YouTube

Management Team

Title
Name
Email & Social
Chairman
Kris Beyen
  Kris Beyen LinkedIn Profile  Kris Beyen Twitter Account  Kris Beyen News  Kris Beyen on Facebook
Chief Executive Officer
Kathleen Philips
  Kathleen Philips LinkedIn Profile  Kathleen Philips Twitter Account  Kathleen Philips News  Kathleen Philips on Facebook
Chief Operating Officer
Wouter Volkaerts
  Wouter Volkaerts LinkedIn Profile  Wouter Volkaerts Twitter Account  Wouter Volkaerts News  Wouter Volkaerts on Facebook
Chief Technical Officer
Shailesh Kulkarni
  Shailesh Kulkarni LinkedIn Profile  Shailesh Kulkarni Twitter Account  Shailesh Kulkarni News  Shailesh Kulkarni on Facebook
VP - Bus. Development
Paul Muller
  Paul Muller LinkedIn Profile  Paul Muller Twitter Account  Paul Muller News  Paul Muller on Facebook


 

 

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We document every notable VC transaction. All VC database entries reported here come from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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