Imec.xpand, an independent early-stage and growth fund that was initiated by imec, a leading research and innovation hub in nanoelectronics and digital technology based in Leuven, Belgium, announced the closing of its first fund at €117M in committed capital. The amount raised exceeds the initial target of €100M and positions imec.xpand as a major player in the deep tech venture capital ecosystem.
Optomec (Albuqerque, New Mexico), a global supplier of production-grade additive manufacturing systems for 3D printed metals, recently announced the LENS 860 Hybrid Controlled Atmosphere (CA) System. The new addition to the Optomec LENS Machine Tool Series has a larger build volume and supports higher laser power, providing more capabilities for affordable, high-quality metal hybrid manufacturing.
Osram Opto Semiconductors (Munich, Germany) and Joyson Safety Systems (Auburn Hills, Michigan) are equipping the new Cadillac CT6 with an innovative system for semi-autonomous driving. ‘Super Cruise’ is the industry’s first true hands-free driving technology for the highway. Osram’s infrared and LED components, which are embedded in Joyson Safety Systems’ steering wheel for the Cadillac CT6, allow the system to monitor driver attentiveness by tracking his or her head position to ensure drivers are watching the road ahead while ‘Super Cruise’ is engaged.
