Cresco advises imec.istart future fund and Flanders Future Tech Fund in €2.3 million seed round for EDGX

Cresco is pleased to have advised imec.istart future fund and the Flanders Future Tech Fund (managed by PMV) in their successful €2.3 million seed funding round for EDGX. This funding marks a major milestone for EDGX as it propels forward in its mission to innovate in space‑grade computing technology.

imec.istart future fund supports early-stage, technology-driven Belgian startups by providing targeted financing to catalyse growth and product development.

The Flanders Future Tech Fund (managed by Participatiemaatschappij Vlaanderen) invests in breakthrough technologies developed in Flanders, with a focus on ventures that hold potential for global impact and strong scalability.

EDGX, founded in 2023 by engineers Nick Destrycker and Wouter Benoot, is developing state-of-the-art compact computing modules designed to be integrated into every launched satellite within five years, revolutionizing on-orbit compute capabilities.

The Cresco team, led by Glenn L’hoëst, consisted of Ward Verwaeren, Aida Kaloci, Bas Stobbelaar and Rutger Duden.

We extend our thanks to Kris Vandenberk and Ruth Janssens (imec.istart future fund), and Peter Vos, Dany Vandevelde, Timon Terrens, and Gieljan Van de Velde (Flanders Future Tech Fund – PMV) for their thoughtful collaboration in this process and their continued trust in Cresco.

A special congratulations to Nick Destrycker and Wouter Benoot for this inspiring achievement!

For more information, please visit De Tijd.

For any further information or questions, feel free to contact Glenn L’hoëst.

logo imec start future fund

Team

Glenn L'hoëst
Partner
Ward Verwaeren
Counsel
Rutger Duden
Associate
Aida Kaloci
Associate
Bas Stobbelaar
Associate

Expertises

corporate
venture capital