Pragmatic Semiconductor

company

About

Pragmatic is a ultra-low-cost flexible electronics enabling novel solutions not practical with conventional electronics

Details

Last Funding Type
Series C
Last Funding Money Raised
£28.20M
Industries
Electronics,Foundries,Internet of Things,Manufacturing,Product Design,Semiconductor
Founded date
Jan 1, 2010
Number Of Employee
101 - 250
Operating Status
Active

Pragmatic is a ultra-low-cost flexible electronics. Their flexible integrated circuits (FlexICs) are thinner than 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 that extend 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.

All FlexICs are manufactured on our revolutionary FlexLogIC® production system, a highly scalable manufacturing model for cost-effective high-volume production, achieved with orders of magnitude lower capital investment and operating cost compared to a traditional silicon IC fab.

Our novel, differentiated technology is being adopted by a growing base of global companies across diverse markets, including consumer goods, retail, healthcare, pharmaceutical, gaming and security.

Pragmatic is headquartered in Cambridge, UK, with our first billion-unit production facility in Sedgefield. Shareholders include Cambridge Innovation Capital, Arm and Avery Dennison.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
10
£59.20M $110.10M €1.66M
Pragmatic Semiconductor has raised a total of £59.20M $110.10M €1.66M in funding over 2 rounds. Their latest funding was raised on Dec 14, 2022 from a Series C round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Dec 14, 2022 Series C £28.20M 5 British Patient Capital
In-Q-Tel
Detail
Jan 20, 2022 Series C $5M 1 Amcor Detail
Jan 1, 2022 Series C 1 Detail
Oct 18, 2021 Series C $80M 2 Arm Holdings Detail
Sep 8, 2020 Series Unknown £13M 1 Detail

Investors

Number of Lead Investors
Number of Investors
7
14
Pragmatic Semiconductor is funded by 14 investors. British Patient Capital and In-Q-Tel are the most recent investors.
Investor Name Lead Investor Funding Round
British Patient Capital Yes Series C
In-Q-Tel Yes Series C
Amcor Yes Series C
Arm Holdings Yes Series C
Cambridge Innovation Capital Yes Series Unknown
Finance Durham Fund Series C
North East Development Capital Fund Series C
Prosperity7 Ventures Series C
Trend Investment Group Series C
Erik Langaker Series C

Employee Profiles

Number of Employee Profiles
5
Pragmatic Semiconductor has 5 current employee profiles, including Board member Erik Langaker
Board member
Executive
Board member
Executive
Executive