imec.xpand

Imec.xpand is a venture capital investment firm founded in 2017 and based in Leuven, Belgium, with an additional office in Amsterdam, Netherlands. The firm specializes in early-stage investments focused on nanoelectronics-based innovations across various sectors, including deep tech, health, and agtech. Imec.xpand aims to support projects that contribute to a sustainable society, encompassing areas such as smart health, smart mobility, smart cities, smart industries, and smart energy. By leveraging its connection to imec, a leading research and development hub for nanoelectronics and digital technology, imec.xpand seeks to foster groundbreaking ideas and technologies that can drive significant advancements in these fields.

Cyril Vancura

Partner

Tom Vanhoutte

Partner, Founder and Managing Partner

Past deals in Belgium

MICLEDI Microdisplays

Series A in 2024
MICLEDI Microdisplays BV specializes in designing and manufacturing micro light-emitting diode (microLED) display chips tailored for augmented reality (AR) glasses. Based in Leuven, Belgium, the company operates as a fabless developer, focusing on advanced technology that integrates III/V materials processing, 3D integration, and 300mm silicon-based processing. MICLEDI's proprietary application-specific integrated circuit (ASIC) enables the production of compact, monolithic AR displays that deliver high image quality and enhanced power efficiency. By providing microLED display modules on wafers, MICLEDI serves the semiconductor industry, contributing to the advancement of AR technology.

Axelera AI

Series A in 2022
Axelera AI focuses on providing specialized hardware and software platforms to enhance artificial intelligence tasks, particularly in edge computing. Its primary product, the Metis™ AI Platform, combines hardware and software to offer high-performance, energy-efficient AI inference solutions. The platform's innovative design has earned recognition as a CES® 2024 Innovation Awards Honoree. Established in 2021 after incubation by Bitfury and collaboration with imec, Axelera AI is headquartered in the AI Innovation Center at the High Tech Campus in Eindhoven, with research and development offices in Belgium, Switzerland, and Italy. The company's team comprises experts in AI from leading firms and Fortune 500 companies, focusing on delivering sustainable edge applications through a custom dataflow architecture and multicore in-memory computing that minimizes power consumption.

Pharrowtech

Series A in 2022
Pharrowtech specializes in developing advanced connectivity solutions for fixed-wireless access, wireless virtual reality and augmented reality applications, and high-capacity wireless links. The company draws on over 12 years of research and development conducted at imec, a prominent Belgian research institute. Pharrowtech utilizes its extensive expertise in algorithm, chip, and antenna design specifically for millimeter-wave systems, as well as radio frequency circuits and phased-array antennas. This enables the company to create products that deliver exceptional performance, efficiency, and cost-effectiveness, facilitating the adoption of millimeter-wave technology for various applications.

Axelera AI

Seed Round in 2021
Axelera AI focuses on providing specialized hardware and software platforms to enhance artificial intelligence tasks, particularly in edge computing. Its primary product, the Metis™ AI Platform, combines hardware and software to offer high-performance, energy-efficient AI inference solutions. The platform's innovative design has earned recognition as a CES® 2024 Innovation Awards Honoree. Established in 2021 after incubation by Bitfury and collaboration with imec, Axelera AI is headquartered in the AI Innovation Center at the High Tech Campus in Eindhoven, with research and development offices in Belgium, Switzerland, and Italy. The company's team comprises experts in AI from leading firms and Fortune 500 companies, focusing on delivering sustainable edge applications through a custom dataflow architecture and multicore in-memory computing that minimizes power consumption.

MICLEDI Microdisplays

Seed Round in 2020
MICLEDI Microdisplays BV specializes in designing and manufacturing micro light-emitting diode (microLED) display chips tailored for augmented reality (AR) glasses. Based in Leuven, Belgium, the company operates as a fabless developer, focusing on advanced technology that integrates III/V materials processing, 3D integration, and 300mm silicon-based processing. MICLEDI's proprietary application-specific integrated circuit (ASIC) enables the production of compact, monolithic AR displays that deliver high image quality and enhanced power efficiency. By providing microLED display modules on wafers, MICLEDI serves the semiconductor industry, contributing to the advancement of AR technology.

Pharrowtech

Seed Round in 2019
Pharrowtech specializes in developing advanced connectivity solutions for fixed-wireless access, wireless virtual reality and augmented reality applications, and high-capacity wireless links. The company draws on over 12 years of research and development conducted at imec, a prominent Belgian research institute. Pharrowtech utilizes its extensive expertise in algorithm, chip, and antenna design specifically for millimeter-wave systems, as well as radio frequency circuits and phased-array antennas. This enables the company to create products that deliver exceptional performance, efficiency, and cost-effectiveness, facilitating the adoption of millimeter-wave technology for various applications.
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