Pragmatic Semiconductor is a leader in semiconductor innovation, creating ultra low cost, ultra thin, flexible integrated circuits (‘electronic chips’).
Pragmatic's unique technology platform enables innovators to create novel solutions to everyday problems that are beyond the scope of conventional electronics.
Pragmatic was founded in 2010 by Richard Price and Scott White. The company is headquartered in Cambridge, UK, with their first fab operating in Sedgefield, and a second fab under construction at our new 15-acre Pragmatic Park site in Durham.
Pragmatic’s chip is produced without silicon, using thin-film semiconductors to create flexible integrated circuits that are thinner than a human hair, and are significantly cheaper and faster to produce than silicon chips. This provides a compelling alternative for many mainstream electronics applications, as well as enabling new applications not possible with silicon.
Pragmatic’s chips can be embedded into almost anything, bringing connectivity and intelligence to everyday objects. Pragmatic’s technology can also be used to help reduce food waste, improve the return and recycling of singleuse packaging, and enable item-level traceability within a universal system for recapture, sorting, cleaning, and return.
Pragmatic also offer a Fab-as-a-Service model that enables secure, dependable, localised semiconductor supply through manufacturing directly on a customer’s site. This highly scalable distributed production allows costeffective, high-volume fabrication of flexible integrated circuits.
Pragmatic is backed by Cambridge Innovation Capital, Avery Dennison, In-Q-Tel, Amcor, Prosperity7 Ventures, Arm, EASME, Future Planet Capital, British Patient Capital, North East Development Capital Fund, Finance Durham Fund, and others. The company raised an additional $35M in financing on Dec 14, 2022. This is an extension of Pragmatic's previous $90M Series C in Oct 2021, bringing the round total to $125M. The additional investment brings the total amount raised by Pragmatic to $158.8M to date.