# TUSK IC funding: rounds and investors

> TUSK IC has raised $17M across 1 round since 2026. Investors include Matterwave Ventures, PMV and forward.one. Every round with its source.

Source: https://millionrounds.com/company/tusk-ic (Millionrounds; every figure on the page links to its filing or article)

Belgium · [Series A startup](https://millionrounds.com/companies)

# Who invested in *TUSK IC*

One round we have observed, with the 5 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Aerospace & Space Hardware & Electronics Semiconductors Telecoms

Raised 2 months ago

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Funding summary Updated 5 Nov 2026

**$17M** raised across 1 round since 2026, from 1 source

- **Latest round:** Series A, $17M Sept 2026
- **Led by:** Matterwave Ventures
- **Investors:** 5 (1 led)

See who backed them

## The rounds

- **Sept 2026** Series A **$17M** [Matterwave Ventures](https://millionrounds.com/fund/matterwave-ventures) Lead [PMV](https://millionrounds.com/fund/pmv) [forward.one](https://millionrounds.com/fund/forward-one) [Flanders Future Tech Fund](https://millionrounds.com/fund/flanders-future-tech-fund) [Schaubroeck family](https://millionrounds.com/fund/schaubroeck-family) Reported by EU-Startups

## Founders and team

From TUSK IC's own website: 8 on the team.

- **Kathleen Philips** CEO and Board member
- **Shailesh Kulkarni** CTO and Board member
- **Wouter Volkaerts** COO and Board member
- **Paul Muller** VP Business Development
- **Kris Beyen** board member / chairman
- **Patrick Reynaert** board member
- **Raf Moons** board member
- **Wouter Steyaert** board member

Advisers *Chris Schram* *Jan van Tetering* *Kurt Janssens*

## Everyone who backed them

[Matterwave Ventures](https://millionrounds.com/fund/matterwave-ventures) VC firm **1** round, led 1

[PMV](https://millionrounds.com/fund/pmv) Government **1** round

[forward.one](https://millionrounds.com/fund/forward-one) VC firm **1** round

[Flanders Future Tech Fund](https://millionrounds.com/fund/flanders-future-tech-fund) VC firm **1** round

[Schaubroeck family](https://millionrounds.com/fund/schaubroeck-family) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=tusk-ic).

## Quick answers about TUSK IC

### Who invested in TUSK IC?

TUSK IC's investors include Matterwave Ventures, PMV, forward.one, Flanders Future Tech Fund and Schaubroeck family. Matterwave Ventures led its latest round.

### How much has TUSK IC raised?

TUSK IC has raised $17M across 1 round since 2026.

### When did TUSK IC last raise?

TUSK IC's most recent round was a Series A of $17M in Sept 2026, led by Matterwave Ventures.

### What was TUSK IC's biggest round?

Its most recent round, $17M in Sept 2026, is also its largest on record.

### Who backed TUSK IC first?

TUSK IC's first round on record, in Sept 2026, was backed by Matterwave Ventures, PMV and forward.one and 2 others.

### What stage is TUSK IC at?

TUSK IC's latest named round is a Series A, in Sept 2026.

### Where is TUSK IC based?

TUSK IC is based in Belgium.

### Who led TUSK IC's rounds?

Matterwave Ventures led the Series A in 2026.

## Companies like TUSK IC

In the same sector, and raised in the last eighteen months.

[**Magnax** $41M · Apr 2026](https://millionrounds.com/company/magnax)[**EDGX** $2.7M · Aug 2025](https://millionrounds.com/company/edgx)[**Aerospacelab** $109M · Aug 2025](https://millionrounds.com/company/aerospacelab)[**Helium Health** $33M · Nov 2026](https://millionrounds.com/company/helium-health)[**Moffett AI** $150M · Nov 2026](https://millionrounds.com/company/moffett-ai)[**Agrani Labs** $123M · Nov 2026](https://millionrounds.com/company/agrani-labs)

## Find investors like these

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