Magics develops radiation-hardened semiconductor solutions aimed at markets where electronic components are exposed to extreme radiation, including satellites, nuclear power facilities, and other mission-critical infrastructure. By focusing on fabless chip design, the company outsources manufacturing while concentrating its resources on proprietary architecture and radiation-tolerant IP. Its technology enables reliable performance where conventional chips fail, lowering both risk and cost for customers operating in harsh environments. The newly raised capital will help Magics advance product development, expand commercial engagement in space and nuclear sectors, and scale its engineering team. Although detailed operating metrics such as revenue or user counts were not disclosed, the €4 million injection provides fresh runway to accelerate R&D and bring additional radiation-hardened products to market. The company positions itself as a strategic supplier to aerospace primes, nuclear operators, and critical-infrastructure providers that demand robust electronics.

Total raised

$5M

Funding rounds

1

Latest round

Equity

Latest activity

Oct 2025