Imec sets up €120 million VC fund

Imec has set up a $100-120 million VC fund called Imec.xpand to back early stage tech start-ups. So far it has raised €60 million and it it is targetting €120 million. Investors include investment agencies of the Flemish and Federal government, the universities KU Leuven and UGent, BNP Paribas Fortis, and the investment arms of ...

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