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Gimv has given us the platform we needed to evolve from startup to scale-up.

Marc Melviez - CEO

Luciad

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.

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2013

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2017

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Belgium

When ambition meets ambition

Luciad was founded in 1999 as a spin-off from the University KU Leuven. When we invested in 2013, Luciad wanted to grow by providing solutions to an ever growing air traffic. Moreover, huge potential for Luciad existed in real time civil applications (gas & oil, mining, telecom, …), which are dominated by applications that are more static in nature.

Our partnership with Luciad perfectly fits in our Smart Industries strategy: superior technology, untapped growth potential for its cutting-edge products and an experienced management team that has the clear ambition to further expand the company’s leading position in high performance visualization software.

Together, we build a leading company

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 capability 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. 

Summary

Activity
Provider of Geospatial Situational Awareness software
Location
Entry
Platform
Exit date
2017
Website