TekSiC raises €1.45M to build Europe's first SiC wafer supply
What's the deal? Linköping-based semiconductor startup TekSiC has raised 16 million SEK (€1.45 million) in a seed round led by Turbine CapitalDealroom has a profile for this one. Try Dealroom →, which contributed 7.5 million SEK. The company is developing Europe's first commercial production of semi-insulating silicon carbide (SI-SiC) wafers.
Who else is backing it? The round also drew Christian von Koenigsegg, founder and chief executive officer of Koenigsegg Automotive; leading silicon carbide researcher Professor Mikael Östling; and East Sweden Capital. The funding will accelerate commercialisation of TekSiC's Xforge crystal growth platform and its proprietary wafer technology.
What's the endgame? SI-SiC is a critical material for high-frequency, high-power RF electronics used in military radar, electronic warfare, satellite communications, and 5G and 6G infrastructure. Europe currently has no commercial supplier, leaving defence contractors and telecom manufacturers reliant on the US and China.
Why now? Demand is set to grow as NATO countries expand radar capabilities, satellite constellations widen, and AI infrastructure requires more powerful semiconductors. TekSiC aims to close the supply gap with a fully European chain.
What's the track record? The company spun out of decades of silicon carbide research at Linköping University, where its founders earned their PhDs. Its Xforge PVT furnace, which operates above 2,500°C, has already shipped to multiple industrial customers.
TekSiC has secured a major order from an international manufacturer entering the SiC wafer market. It is also part of a national semiconductor initiative backed by Sweden's Tillväxtverket, where it has demonstrated wafer quality validated by industry partners.
Von Koenigsegg, whose cars already use silicon carbide in their powertrains, said: "Access to semiconductor material expertise and supply within Europe opens new possibilities for optimisation and customisation, and TekSiC can enable this."
The signal: The investor mix — a supercar founder, an academic, and regional capital — reflects how semiconductor supply is becoming a strategic priority in Europe, not just a commercial one.
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Image credit: Oregon State University
