Cresco assisted the general parter of imec.xpand with the formation and fundraising of its second early-stage fund with an initial committed capital of €150 million, after having assisted them five years ago with the formation of the first fund and several imec spin-offs.
imec.xpand is an early-stage deep tech investor who leverages the knowledge, expertise, infrastructure, and network of imec, the world-leading research and innovation hub in nano-electronics and digital technology.
The independently managed imec.xpand funds invest in ambitious startups that benefit significantly from imec’s knowledge, expertise, network and/or infrastructure in the development of their innovative, technology roadmap.
David Dessers, Glenn L'hoëst, Stefanie Vinck and Louis Rastelli constituted the deal team for this transaction.
More information can be found in De Tijd.
For any further information or questions, please contact David Dessers or Glenn L'hoest.