INCIRT Closes €4.8 Million Financing Round

INCIRT, the Aachen-based deep-tech company, led by Oner Hanay, Erkan Bayram,

Mohamed Saeed Elsayed, Theodore Varelas, and the team, has raised a €4.8 million funding round led by early-stage VC fund Lifeline Ventures, with participation from High Tech Gründerfonds.

With this funding, INCIRT advances toward commercializing its novel chip architecture, strengthening Europe’s push for digital sovereignty.

New Chip Architecture Overcomes Key Limitations

INCIRT is developing next-generation data converters capable of up to 100× faster performance, overcoming key semiconductor constraints without relying on smaller, costlier manufacturing nodes.

As critical components in communication and sensor systems, data converters control how efficiently data moves between the physical and digital worlds. INCIRT’s approach rethinks this foundation through intelligent parallelization, rather than incremental optimization.

Chip Production in Europe as a Strategic Advantage

INCIRT has implemented its technology as a working silicon chip, produced using 22nm processes in Europe. This enables high-performance semiconductor manufacturing without relying on advanced non-European nodes.

By prioritizing architectural innovation over smaller geometries, the approach strengthens Europe’s semiconductor value chain for critical applications like satellite and mobile communications.

Enabler for Satellite and Telecom Infrastructure

INCIRT targets data- and energy-intensive sectors like satellite communications and mobile networks.

In satellites, its architecture delivers higher data rates with lower power use, enabling more antennas, greater data throughput per orbit, longer missions, and reduced cost per bit.

In telecom, it unlocks new radio and system designs, giving operators higher capacity at the same energy levels, lower costs, and future-ready platforms for 5G and beyond.

Capital for the Next Stage of Development

The funding will accelerate INCIRT’s product development and industrialization, supporting technology validation, early customer projects, and market entry.

CEO Oner Hanay highlighted that the architecture delivers performance gains beyond traditional semiconductor approaches while proving high-performance chips can be built with European manufacturing, marking a key step toward digital sovereignty. The long-term vision includes equipping thousands of European satellite constellations with INCIRT technology.

Lifeline Ventures’ Petteri Koponen added that the technology addresses critical infrastructure bottlenecks and holds strong global growth potential, positioning INCIRT as a valuable partner for leading technology companies.