imec.xpand
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.
- This was ITF World 2026 for us and our portfolio companies At our booth, visitors could experience demos from VerticalCompute, Spectricity, eyeo and Invisix Measuring Systems. Many more of our portfolLinkedIn · 22 May 2026
- 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, builtLinkedIn · 23 Apr 2026