TLDR:
- Imec xpand unveils new €300m fund with Participatie Maatschappij Vlaanderen as the only disclosed LP
- The fund focuses on semiconductor technology and emerging managers
Semiconductor specialist Imec xpand has announced the launch of a new €300 million fund, with Participatie Maatschappij Vlaanderen, a Belgian government-related investment organization, as the only disclosed limited partner. The fund will primarily focus on investing in semiconductor technology and emerging managers in the industry.
The fund’s unveiling comes at a time when the UK VC market is seeing a rise in sustainability-focused start-ups, indicating a growing trend towards green and sustainable technology. Imec xpand’s substantial fund size reflects a positive outlook for the semiconductor industry and signals confidence in the potential for innovation and growth in the sector.
In addition to supporting emerging managers, the fund also aims to drive innovation and technological advancements in the semiconductor space, positioning itself as a key player in shaping the future of the industry. With a strong LP backing and a clear focus on semiconductor technology, Imec xpand’s new fund is poised to make a significant impact in the venture capital landscape.
