Smart Industries
Marc Melviez - CEO

Company profile

Luciad was founded in 1999 as a spin-off from the University KU Leuven. Luciad’s applications simplify the lives of developers and end users with advanced visual analytics that allow them to unlock the potential of real time location intelligence and create the foundation for next generation geospatial systems. From safeguarding critical assets to creating the digital infrastructure for smart cities, Luciad helps users implement intuitive command and control systems. Its customers depend on the company for high performance visualization that allows them to implement scalable solutions. Today, the company serves clients worldwide through a network of subsidiaries and resellers in Europe, Asia and the Americas. In addition, major systems integrators incorporate Luciad’s software in their own products. Airbus Defence & Space, Boeing, Dassault, Lufthansa Systems, NATO and Unifly belong to the company’s customers.

Growth strategy

Since our investment in spring 2013, Luciad's references and proof concepts for big data applications have contributed to the strategic value of the technology. Over the past years, the company’s products evolved significantly, being from desktop only to web based, into 3D. Moreover, server capacity was added to its offering. During the 4 years of our investment, we contributed to the growth of the organization and helped it evolve from startup to scale-up. 

In October 2017 Luciad has been acquired by the Swedish Hexagon AB, a global provider of information technologies that drives productivity and quality across geospatial and industrial enterprise applications. Luciad’s products perfectly combine with the offering from Hexagon. Therefore, we see Hexagon as the right partner to unlock the full potential of Luciad’s technology. 


  • Aktivität: Software für die schnelle Entwicklung von Anwendungen zur Geo-Lageerfassung
  • Website:
  • Location: Belgien
  • Investititionsjahr: 2013
  • Deal contact: Tom Van de Voorde
  • Plattform: Smart Industries

Tom Van de Voorde, Managing Partner - Head Smart Industries

Tom Van de Voorde reinforced the Gimv-team in 2007, first in Buyouts & Growth Belgium, where he realized several management buyouts and investments in growth companies and consequently within Smart Industries Platform. Today he is responsible for Gimv’s Smart Industries platform, focused on investments in technology/engineering with value creation as a result.

He gained valuable experience in investment banking at Bank Degroof, where he worked as Vice President Investment Banking & Private Equity and Advisory at NIBC in Brussels as head of M & A.

He is a member of the board of directors of Cegeka, Mega, Summa, Grandeco and Impression International and realized following exits since 2014: Trustteam, Xeikon, Hecht, Luciad and Vandemoortele.

Tom Van de Voorde holds a Master’s degree in Commercial Engineering from the University of Leuven (KU Leuven) and a fulltime MBA from the University of Chicago (Booth).


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Tom Van de Voorde