Pragmatic Semiconductor

Pragmatic Semiconductor manufactures flexible integrated circuits that embed intelligence into everyday objects.

Durham, UK—Founded 2010

£190MTotal raised

Pragmatic Semiconductor manufactures ultra thin and flexible integrated circuits that embed intelligence into everyday objects. The company provides scalable alternatives to traditional silicon chips for diverse applications.

Team

Scott White

CEO

Erik Langaker

Chairman

David Moore

CEO

Investors

Series D+6 December 2023
£162M
MC
M&G CatalystLead
UI
UK Infrastructure BankLead
Northern Gritstone
Latitude
MP
MVolution Partners
British Patient CapitalFollow-on
Cambridge Innovation Capital
PV
Prosperity7 VenturesFollow-on
Series C14 December 2022
£28.2M
British Patient Capital
In-Q-Tel
PV
Prosperity7 Ventures
North East Development Capital Fund
FD
Finance Durham Fund

Funding history

Series D+6 December 2023

£162M

Pragmatic Semiconductor secures £162m Series D funding led by M&G and UK Infrastructure Bank to expand UK manufacturing.

The largest European semiconductor venture funding round to date will support the construction of new fabrication lines in the UK.

Series C14 December 2022

£28.2M

Pragmatic Semiconductor secures £28.2m Series C investment from backers including British Patient Capital

The financing round was backed by investors including British Patient Capital and In-Q-Tel to support expansion plans.