Info
Info

Imec.xpand Raises EUR 117 Million To Invest In Innovative, Early-stage Ideas

 

Imec.xpand, an independent early-stage and growth fund that was initiated by imec, leading research and innovation hub in nanoelectronics and digital technology, has announced the closing of its first fund at EUR 117 million in committed capital. The amount raised exceeds the initial target of EUR 100 million and positions imec.xpand as a major player in the deep tech venture capital ecosystem.

Imec.xpand is an early stage and growth fund with a game-changing approach to turn hardware driven nanotechnology innovation into successful global companies. The fund targets ambitious tech start-ups for whom imec knowledge, expertise and infrastructure can play a determining role in their success.

Imec.xpand wants to engage with companies at an early stage, at the same time reserving sufficient financial resources to support the selected ventures from the early stages of development all the way through the commercialization of their product. This will enable start-ups to focus on developing a technology and on building a business, rather than spending all their time and energy on securing the next round of financing. This philosophy will increase the speed at which ventures can enter the market and help create the technology leaders of tomorrow that will generate above average financial returns for the investors in imec.xpand.

The fund is managed by Peter Vanbekbergen, Frank Bulens, Cyril Vančura and Tom Vanhoutte who each bring a wealth of entrepreneurial, venture capital and/or business expertise to the table. The combination of this independent management, corporate as well as financially driven investors, universities and imec, who are all committed to contribute to the success of the fund, sets imec.xpand apart from other venture capital initiatives.

The fund was launched in 2017 with the strong support of imec and the Flemish government. Since then, imec.xpand attracted renowned international strategic and institutional investors like Samsung Electronics, BNP Paribas Fortis, Applied Materials, SK Hynix, Philips, the Brabant development company BOM, KBC Insurance, the Belgian federal investment company SFPI-FPIM and several high net worth individuals and universities. Belfius Insurance, the Flemish investment company PMV and KPN Ventures joined most recently.

NanoScientific Symposium On Scanning Probe Microscopy (SPM)
NXP Acquires OmniPHY To Accelerate Autonomous Driving And Vehicle Networks
Infineon Expands U.S.-based IoT Security Research And Development Programs
Thermco Systems Expands Global Operations With Acquisition Of CSD Epitaxy
Helium Leak Detector Solutions
SiTime And Bosch Accelerate Innovation In MEMS Timing For 5G And IoT
Himax Technologies Rebukes Motley Fool Article
China’s Semiconductor Fab Capacity To Reach 20 Percent Worldwide Share In 2020
Brewer Science Announces RDL-first Fan-out Packaging Material
VTT Is Ranked Fourth In The World's Largest Research Funding Programme
Healthcare Transformation: A Business Opportunity For BioMEMS
Murata Invests In MEMS Sensor Manufacturing
GLOBALFOUNDRIES Reshapes Technology Portfolio To Focus On Differentiated Offerings
Chroma Offers Semiconductor Test Solutions
Teledyne E2v’s Emerald 12M And 16M Image Sensors Enter Mass Production
Nova's Materials Metrology Solution Selected For 5nm Technology Node
New Material Could Improve Efficiency Of Computer Processing And Memory
KLA-Tencor Expands IC Packaging Portfolio
Rudolph Technologies Launches Second-gen Inspection And Metrology System
Palomar Technologies Awarded ISO 9001:2015 Certificate
Imec.xpand Raises EUR 117 Million To Invest In Innovative, Early-stage Ideas
UGent And Imec Launch Fiber Optic Sensing Spin-off Sentea
Sensirion Announce Strong Revenue Growth In First Half-year 2018
Infineon Adds 200 V Half-bridge Gate Driver IC For Reliable Start-up Operation

Info
×
Search the news archive

To close this popup you can press escape or click the close icon.
Logo
×
Logo
×
Register - Step 1

You may choose to subscribe to the Silicon Semiconductor Magazine, the Silicon Semiconductor Newsletter, or both. You may also request additional information if required, before submitting your application.


Please subscribe me to:

 

You chose the industry type of "Other"

Please enter the industry that you work in:
Please enter the industry that you work in:
 
X
Info
X
Info