Tech Company Financing Transactions

Pragmatic Semiconductor Funding Round

Pragmatic Semiconductor, based in Cambridge, raised $228.8 million from M&G Investments, British Patient Capital and Cambridge Innovation Capital.

Transaction Overview

Announced On
Transaction Type
Venture Equity
Series D
Proceeds Purpose
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.

Company Information

Company Status
Private & Independent
Mailing Address
400 Cambridge Science Park, Milton Road
Cambridge, CB4 0WH
Email Address
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.
Pragmatic Semiconductor LinkedIn Company Profile
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Company News
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Management Team

Email & Social
Chief Executive Officer
Scott White
  Scott White LinkedIn Profile  Scott White Twitter Account  Scott White News  Scott White on Facebook
Chief Operating Officer
Ken Williamson
  Ken Williamson LinkedIn Profile  Ken Williamson Twitter Account  Ken Williamson News  Ken Williamson on Facebook
Chief Technical Officer
Richard Price
  Richard Price LinkedIn Profile  Richard Price Twitter Account  Richard Price News  Richard Price on Facebook



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