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