
imec.xpand
Description
Imec.xpand is an independent venture capital fund strategically aligned with imec, a world-renowned research and innovation hub in nanoelectronics and digital technologies. Based in Leuven, Belgium, the fund specializes in early-stage investments, targeting disruptive deep-tech startups that leverage nanoelectronics-based innovation. Their unique value proposition stems from providing portfolio companies with unparalleled access to imec's extensive intellectual property, state-of-the-art infrastructure, and a vast network of experts and industry partners, accelerating technology development and market entry.
The fund's investment thesis centers on identifying companies poised to revolutionize sectors such as artificial intelligence, the Internet of Things, healthcare, automotive, communication, and energy. They seek out ventures with strong scientific foundations and scalable business models that can significantly benefit from imec's technological prowess. This symbiotic relationship allows imec.xpand to de-risk early-stage investments by offering more than just capital, providing a critical competitive edge for deep-tech startups navigating complex R&D cycles.
Imec.xpand typically provides initial investments ranging from €500,000 to €2.5 million, which translates to approximately $540,000 to $2.7 million USD based on recent exchange rates. They also have the capacity for significant follow-on investments, potentially committing up to €10 million per company over multiple rounds. The fund is currently deploying capital from its second fund, imec.xpand II, which has a target size of €150 million. This follows the success of their inaugural fund, imec.xpand I, which closed at €117 million.
While headquartered in Belgium, imec.xpand maintains a global investment outlook, actively seeking promising opportunities worldwide. Their mission is to foster the growth of groundbreaking technologies that emerge from or can be significantly enhanced by imec's research, ultimately aiming to create global leaders in the deep-tech landscape.
Investor Profile
imec.xpand has backed more than 37 startups, with 6 new investments in the last 12 months alone. The firm has led 21 rounds, about 57% of its total and boasts 0 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Series B rounds (top funding stages).
- Majority of deals are located in Belgium, United States, The Netherlands.
- Strong thematic focus on Semiconductor, Manufacturing, Health Care.
- Led 5 rounds in the past year.
- Typical check size: $540K – $2.7M.
Stage Focus
- Seed (38%)
- Series A (32%)
- Series B (22%)
- Series Unknown (5%)
- Series C (3%)
Country Focus
- Belgium (35%)
- United States (22%)
- The Netherlands (19%)
- Ireland (5%)
- Germany (5%)
- France (3%)
- United Kingdom (3%)
- Switzerland (3%)
- Spain (3%)
Industry Focus
- Semiconductor
- Manufacturing
- Health Care
- Medical Device
- Health Diagnostics
- Artificial Intelligence (Ai)
- Medical
- Nanotechnology
- Biotechnology
- Machine Learning
Frequently Asked Questions
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