Hardware & SemiconductorsAIBiotech & Life SciencesHealthcareFood & AgricultureMobility & Transportation
imec.xpand is an independent global venture capital fund that focuses on transformative semiconductor and nanotechnology innovations, as well as adjacent deep-tech domains including AI, photonics, life sciences, agri-food, and mobility. It leverages the expertise and infrastructure of imec to support early-stage, nanoelectronics-based startups from pioneering stages through growth.
Deal activity decreased year-over-year (2 deals in the last 12 months vs 6 prior). Average disclosed round size is $28.5M (across 19 rounds with reported amounts).
Portfolio
34
Fund Size
$323M
Top Stage
Series A
Last 12 Mo
2
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
44 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Optalysys | Series A | — | Jan 2026 |
 Vertical Compute | Seed | — | Jan 2026 |
 Q.ANT | Series A | — | Jul 2025 |
 eyeo | Seed | — | May 2025 |
 Zafrens | Series A | $31M | Feb 2025 |
| Vertical Compute | Seed | — | Jan 2025 |
 Swave | Series A | — | Jan 2025 |
| SSwave Photonics | Series A | — | Jan 2025 |
| FFerroelectric Memory GmbH | Series A | — | Jan 2025 |
 Xavveo | Seed | $8.6M | Nov 2024 |
 INBRAIN Neuroelectronics | Series B | $50M | Oct 2024 |
 Axelera AI | Series B | $68M | Jun 2024 |
 Micledi | Series A | — | Mar 2024 |
 Onera Health | Series C | $32M | Jan 2024 |
 Axithra | Unknown | — | Sep 2023 |
 Fabric8 | Series B | $50M | Feb 2023 |
| FFabric8Labs | Series B | $50M | Feb 2023 |
| Axithra | Seed | — | Jan 2023 |
| AAxelera | Series A | $50M | Dec 2022 |
| Axelera AI | Series A | $27M | Oct 2022 |
 Solithor | Seed | — | Jan 2022 |
| PPHARROWTECH | Series A | — | Jan 2022 |
| AAxelera | Seed | $12M | Nov 2021 |
 Spectricity | Series B | — | Aug 2021 |
| Fabric8 | Series A | $19.3M | Jul 2021 |
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Top Co-Investors
Innovation Industries12 shared
Invest-NL7 shared
Verve Ventures5 shared
SFPIM5 shared
Intel Capital4 shared
TDK Ventures4 shared
Lam Capital4 shared
SE Ventures4 shared
Noshaq4 shared
Wallonie Entreprendre4 shared
Qbic4 shared
15th Rock4 shared
New Enterprise Associates3 shared
EQT Life Sciences3 shared
Gimv3 shared
PMV3 shared
Bitfury3 shared
SK hynix3 shared
Last updated: 8 September 2026