Imec.xpand, an impartial international enterprise capital fund, at the moment introduced the launch of a brand new EUR 300 million fund aimed toward accelerating the expansion of transformative semiconductor and nanotechnology improvements.
Established as a collaborative effort with imec, the world-leading R&D and innovation hub in nanoelectronics, the fund will put money into startups which have the potential to be globally disruptive inside their goal domains. The fund is designed to gasoline semiconductor innovation past conventional purposes and drive the next-generation applied sciences which are 10 years forward of their time.
Imec.xpand invests globally throughout all phases, remodeling semiconductor and nanotechnology improvements into market-ready options. Focused on leveraging imec’s experience, the fund targets breakthrough applied sciences together with Artificial Intelligence (AI), Machine Learning (ML), Augmented Reality/Virtual Reality (AR/VR), and photonics. In life sciences, imec.xpand is in search of alternatives to advance cell remedy, sequencing, neuromodulation, and different purposes that can revolutionize medical diagnostics and coverings.
“Imec.xpand is not just about funding startups, it’s about building companies that can lead the next wave of technological transformation,” mentioned Tom Vanhoutte, accomplice 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.”
The first imec.xpand fund was launched in 2017 with the sturdy assist of imec. Since then, imec.xpand has attracted a loyal base of worldwide monetary and strategic traders.
Over the years, imec.xpand has constructed a robust monitor file of investing in game-changing corporations. The fund’s distinctive positioning among the many international enterprise capital neighborhood, and likewise within the US, is instrumental in attracting potential co-investors for its portfolio corporations.
Imec.xpand’s stamp of approval usually acts as a monetary catalyst that permits startups to lift further funding from different traders. To date, imec.xpand has invested in 23 corporations that, up to now, have raised almost EUR 1.5 billion in financing and embody two unicorns.
Imec.xpand portfolio corporations are growing cutting-edge, differentiated applied sciences that give them a worldwide aggressive benefit of their…
