imec.xpand

Type

vc

Fund Size

EUR 300M (Fund II, 2024)

Location

Leuven

Focus

semiconductors, nanotechnology, deep-tech

TLDR

Independent deep-tech VC linked to imec, focused on semiconductors and nanotechnology with EUR 300M under management.

Overview

imec.xpand is an independent Venture Capital fund that operates in close partnership with imec, the world-leading nanoelectronics research center in Leuven. The fund was created to commercialize breakthrough research emerging from imec's labs and partner ecosystem.

Fund II, closed in 2024 at EUR 300M, makes it one of the largest dedicated deep-tech funds in Belgium. The portfolio spans semiconductors, photonics, and nanotechnology, with 23 portfolio companies that have collectively raised over EUR 1.5B.

Portfolio

Swave Photonics - Holographic display technology
Vertical Compute - Semiconductor architecture
Eyeo - Optoelectronics

Notes

imec.xpand is the primary commercialization vehicle for imec-adjacent deep tech. Relevant for tracking semiconductor and photonics spin-offs from the Leuven cluster.

Recent news

Why do so many semiconductor startups fail, despite great technology? Because they get the MVP - the minimum viable product - wrong. In semiconductors, an MVP is not a demo. It’s a real product, built
LinkedIn · 23 Apr 2026

Categories:investors Leuven