Imec.xpand will invest globally across all stages to migrate semiconductor and nanotechnology innovations into market-ready solutions, targeting disruptive technologies such as artificial intelligence (AI), machine learning (ML), augmented reality/virtual reality (AR/VR), and advanced photonics. In the area of life sciences, imec.xpand looks to advance cell therapy, sequencing, neuromodulation, and other areas in next-generation medical diagnostics and treatments.
“Imec.xpand is not just about funding startups, it’s about building companies that can lead the next wave of technological transformation,” said Tom Vanhoutte, a partner at imec.xpand. “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.”
Previous imec.xpand Investments
The first imec.xpand fund was launched in 2017 with the strong support of imec, and over the years has built a strong track record of investing in game-changing companies. To date, imec.xpand has invested in 23 companies, raising nearly EUR 1.5 billion in financing.
Noteworthy imec.xpand portfolio companies include Celestial AI, a Silicon Valley company that recently raised $175 million USD for its optical compute and memory fabric solution for AI infrastructure; PsiQuantum, working on developing a practical quantum computer; and Swave Photonics, with its holographic extended reality chip technology addressing 3D holographic imaging and spatial computing.
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