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imec.xpand

USGBDEFRESNLBEIEOtherDeep TechAI/MLHealthtechBio/PharmaOther

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Investment thesis

imec.xpand is an independent global venture capital fund that focuses on transformative semiconductor and nanotechnology innovations where imec contributions can have a determining impact on the success of their technology development. The fund invests globally across all stages, targeting breakthrough technologies including AI/ML, photonics, AR/VR, quantum computing, and advanced semiconductors. In life sciences, imec.xpand seeks opportunities in cell therapy, sequencing, neuromodulation, and medical diagnostics. The fund's unique edge lies in its deep-rooted partnership with imec — the world-leading R&D and innovation hub in nanoelectronics — giving portfolio companies access to imec's state-of-the-art infrastructure, extended incubation periods, and a global network of corporate and financial co-investors. imec.xpand targets early-stage companies with high barriers to entry, defensible IP, and the potential to be globally disruptive, with a particular focus on hardware-driven semiconductor innovation that is '10 years ahead of their time.'

Notable quotes

Imec.xpand is not just about funding startups, it's about building companies that can lead the next wave of technological transformation. With this fund, we are dedicated to advancing the semiconductor industry by empowering startups to bring innovative technologies to market faster. The combination of our venture capital and international network helps unicorns grow amid the global race for semiconductor supremacy.

Tom Vanhoutte · imec press release / Global Venturing — imec.xpand Fund II close · 2024-05-02

To find the best opportunities, you have to leverage the whole value chain, which is in the US, Asia and Europe. That's why our fund has a global scope – especially when it comes to the semiconductor industry.

Jonathan Fajardo Cortes · Cybernoz — Benelux specialised venture capital fund finds global deep tech investments

We want to see a high barrier to entry, defensible IP and a market that's big enough to be worthwhile. It all has to do with timing of entry into the market. If you worked on a technology for 10 years, that makes it really hard for another company to catch up in just some months.

Jonathan Fajardo Cortes · Cybernoz — Benelux specialised venture capital fund finds global deep tech investments

Team

Benoit Devogelaere

Partner

HealthtechBio/PharmaDeep Tech

Bert Gyselinckx

Partner

Deep TechOther

Cyril Vančura

Partner

Deep TechAI/ML

Frank Bulens

Partner

HealthtechBio/Pharma

Peter Vanbekbergen

Partner & Co-founder

Deep TechOther

Tom Vanhoutte

Partner & Co-founder

Deep TechEnterpriseOther

Recent investments

CompanyRoundSizeDate
NEURA RoboticsSeries C$1.3b2026-06
InvisixSeed$20m2026-06
eyeoSeries A$40m2026-05
Q.ANTSeries A$68m2025-07
INBRAIN NeuroelectronicsSeries B$50m2024-10
PsiQuantumSeries D
Axelera AISeries A$27m2022-10
OptalysysSeries A$26m2023-07
Fabric8LabsSeries B$50m2023-02
SpectricitySeed

Frequent co-investors

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