Tech Company Financing Transactions
Pragmatic Semiconductor Funding Round
Pragmatic Semiconductor secured a $35 million funding round on 12/14/2022. Investors included British Patient Capital, In-Q-Tel and Maven Capital.
Transaction Overview
Company Name
Announced On
12/14/2022
Transaction Type
Venture Equity
Amount
$35,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to accelerate and expand its growth plans.
Company Information
Company Status
Private & Independent
Industry
Semiconductors
Mailing Address
400 Cambridge Science Park, Milton Road
Cambridge, CB4 0WH
UK
Cambridge, CB4 0WH
UK
Phone
Website
Email Address
Overview
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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Scott White
Chief Operating Officer
Ken Williamson
Chief Technical Officer
Richard Price
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