Pragmatic Semiconductor Funding Round

12/6/2023

Venture Equity

$228,805,000

Series D

Pragmatic plans to build at least eight (the company currently has two) manufacturing lines in the UK, an initiative that intends to meet global demand for its unique technology and will create an estimated 500 highly skilled jobs in the North East of the UK and Cambridge.

Private & Independent

Semiconductors

400 Cambridge Science Park, Milton Road
Cambridge, CB4 0WH
UK

PragmatIC Semiconductor is a world leader in ultra-low-cost flexible electronics. Our flexible integrated circuits (FlexICs) are thinner than a human hair and can be invisibly embedded in objects, enabling innovators to create novel solutions to everyday problems that are not practical with conventional electronics. Designers can create their own application-specific flexible devices using our FlexIC Foundry® service at a fraction of the cost and time required for traditional silicon circuits, opening up multiple new markets. We also offer standard FlexIC products:O ur ConnectIC® family extends proven applications such as RFID and NFC into mass market use cases, enabling the potential for trillions of smart objects that can engage with consumers and their environments.