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.

Frank Bulens

Partner

Lien Callens

Principal

Benoit Devogelaere Ph.D

Partner

Tom Vanhoutte

Partner

Past deals in Augmented Reality

Swave Photonics

Series A in 2025
Swave Photonics is a company that designs and markets advanced holographic chips utilizing proprietary diffractive photonics technology. Their innovative NanoPixel technology aims to deliver compact, lightweight, and high-resolution displays that enhance augmented reality experiences. By focusing on creating true holographic displays, Swave Photonics seeks to bridge the gap between digital content and the real world, empowering display manufacturers and content creators to visualize complex ideas and collaborate more effectively. The company's mission is to bring the metaverse to life, enabling immersive experiences that allow users to accomplish more in both personal and professional contexts.

MICLEDI Microdisplays

Series A in 2024
MICLEDI Microdisplays BV is a Belgium-based company that specializes in the design and manufacture of micro light emitting diode (LED) display chips for augmented reality (AR) glasses. As a fabless developer, MICLEDI focuses on innovative technologies that combine III/V materials processing with 3D integration and 300mm silicon-based processing. The company aims to deliver high-quality, power-efficient AR displays by utilizing a proprietary ASIC, which allows for the creation of compact and self-contained display modules. Serving the semiconductor industry, MICLEDI is positioned at the forefront of microLED technology, contributing to the advancement of augmented reality applications.

Swave Photonics

Seed Round in 2023
Swave Photonics is a company that designs and markets advanced holographic chips utilizing proprietary diffractive photonics technology. Their innovative NanoPixel technology aims to deliver compact, lightweight, and high-resolution displays that enhance augmented reality experiences. By focusing on creating true holographic displays, Swave Photonics seeks to bridge the gap between digital content and the real world, empowering display manufacturers and content creators to visualize complex ideas and collaborate more effectively. The company's mission is to bring the metaverse to life, enabling immersive experiences that allow users to accomplish more in both personal and professional contexts.

Swave Photonics

Seed Round in 2022
Swave Photonics is a company that designs and markets advanced holographic chips utilizing proprietary diffractive photonics technology. Their innovative NanoPixel technology aims to deliver compact, lightweight, and high-resolution displays that enhance augmented reality experiences. By focusing on creating true holographic displays, Swave Photonics seeks to bridge the gap between digital content and the real world, empowering display manufacturers and content creators to visualize complex ideas and collaborate more effectively. The company's mission is to bring the metaverse to life, enabling immersive experiences that allow users to accomplish more in both personal and professional contexts.

Pharrowtech

Series A in 2022
Pharrowtech is a technology company that specializes in developing next-generation solutions for fixed-wireless access, wireless virtual and augmented reality, and ultra-high-capacity wireless links. The company is built on over 12 years of research and development conducted at imec, a prominent Belgian research institute. By utilizing advanced technical expertise in algorithm, chip, and antenna design for millimeter-wave systems, Pharrowtech creates products that deliver superior performance while optimizing power consumption and cost. Its innovative platform simplifies and accelerates the adoption of millimeter-wave technology, enabling various sectors to enhance connectivity and achieve higher data transmission rates.

Spectricity

Series B in 2021
Spectricity is a fabless semiconductor company that specializes in developing spectral sensing solutions tailored for high-volume mobile and consumer devices. Utilizing low-cost CMOS technologies, the company creates patented spectral sensing technology that enhances existing camera sensors by integrating data from various image and 3D sensors. This integration allows for augmented real-time data processing, improved user-environment interaction, and sophisticated big data analysis. Spectricity's product offerings include miniaturized and integrated spectral sensing devices designed for applications in precision agriculture, food analysis, health, and mobile technology, all while maintaining a focus on affordability and efficiency.

MICLEDI Microdisplays

Seed Round in 2020
MICLEDI Microdisplays BV is a Belgium-based company that specializes in the design and manufacture of micro light emitting diode (LED) display chips for augmented reality (AR) glasses. As a fabless developer, MICLEDI focuses on innovative technologies that combine III/V materials processing with 3D integration and 300mm silicon-based processing. The company aims to deliver high-quality, power-efficient AR displays by utilizing a proprietary ASIC, which allows for the creation of compact and self-contained display modules. Serving the semiconductor industry, MICLEDI is positioned at the forefront of microLED technology, contributing to the advancement of augmented reality applications.

Pharrowtech

Seed Round in 2019
Pharrowtech is a technology company that specializes in developing next-generation solutions for fixed-wireless access, wireless virtual and augmented reality, and ultra-high-capacity wireless links. The company is built on over 12 years of research and development conducted at imec, a prominent Belgian research institute. By utilizing advanced technical expertise in algorithm, chip, and antenna design for millimeter-wave systems, Pharrowtech creates products that deliver superior performance while optimizing power consumption and cost. Its innovative platform simplifies and accelerates the adoption of millimeter-wave technology, enabling various sectors to enhance connectivity and achieve higher data transmission rates.
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