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Pragmatic Semiconductor
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Developer of ultra-low-cost flexible integrated circuits, enabling the potential for trillions of smart objects

Founded in 2010
Founded in

Company type Private Public ()
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Industry Group materials & chemicals

Sector advanced energy materials

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters United Kingdom Cambridge, United Kingdom
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Updated by Sunena Gupta at on 12/18/2023

Edited by Cleantech Group on 04/18/2025

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IPO INFORMATION

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Date Investors Type Amount
12/07/2023 UK Infrastructure Bank UK Infrastructure Bank , Northern Gritstone Northern Gritstone , Latitude Investment Management Latitude Investment Management , MVolution Partners MVolution Partners , British Patient Capital British Patient Capital , Cambridge Innovation Capital Cambridge Innovation Capital , Prosperity7 Ventures Prosperity7 Ventures , M&G Investments M&G Investments (8)
Post-money valuation of
Funds will be used to accelerate expansion plans in the UK, including building their 3rd and 4th fabrication lines at the Pragmatic Park facility in Durham. The company is planning a limited second close for key investors, of which an additional investment of £20M is already allocated.
Growth Equity $231,000,000
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