About PragmatIC
PragmatIC is a Technology company based in Cambridge (United States) founded in 2010 by Richard Price. Flexible integrated circuits are manufactured for RFID and NFC applications. PragmatIC has raised $392.76 million across 16 funding rounds from investors including Amcor, Arm and M&G. PragmatIC has completed 1 acquisition, including Nano ePrint. Its chief executive, as recorded, is David Moore. Its website pragmaticsemi.com draws about 16 thousand monthly visits. PragmatIC offers products and services including FlexIC Platform and NFC Connect PR1301. Its focus areas include Semiconductors, Flexible Electronics, Components and Flexible ICs. Its legal entity is PRAGMATIC SEMICONDUCTOR LIMITED. Its competitors include CelLink, American Semiconductor and MicroConnex; 2 of its 3 listed competitors have raised funding.
Company details
PragmatIC was founded in 2010 and is headquartered in Cambridge, United States. Flexible integrated circuits are produced, with a focus on thin silicon ICs designed for RFID and NFC uses. A platform is provided to support the development of custom flexible devices by designers. Operations target sectors including consumer goods, retail, healthcare, pharmaceuticals, gaming, and security.
- Total Equity Funding$392.76M (USD)
in 16 rounds
- Latest Funding Round$231M (USD), Series D
Dec 2023
- InvestorsAmcor
& 16 more
- Investments & Acquisitions
Products & Services of PragmatIC
PragmatIC offers a comprehensive portfolio of products and services, including FlexIC Platform and NFC Connect PR1301.
Platform for developing ultra-thin flexible chips with low carbon footprint.
Chip enabling NFC connectivity for smart packaging and security applications.
Apps and channels of PragmatIC
its YouTube channel Pragmatic Semiconductor has 531 subscribers and 30 videos.
Videos from PragmatIC
The most watched videos on PragmatIC's YouTube channel, Pragmatic Semiconductor (531 subscribers). Click a video to play it here.
More on Pragmatic Semiconductor.
Funding Insights of PragmatIC
PragmatIC has successfully raised a total of $392.76M across 16 strategic funding rounds. The most recent funding activity was a Series D round of $231 million completed in December 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $392.76M
- Total Rounds 16
- Last Round Series D — $231M
- First Round $5.8M
(Dec 2010)
- Investors Count 17
Latest 10 of 16 funding rounds of PragmatIC with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2023 | $231M | Series D | – | M&G, UK Infrastructure Bank | |
| Dec 2022 | $35M | Series C | – | – | |
| Sep 2022 | Grant | – | – | ||
| Jan 2022 | Series C | – | – | ||
| Oct 2021 | $80M | Series C | – | Arm | |
| Oct 2020 | $160,000 | Series B | – | – | – |
| Jan 2019 | $17M | Series B | – | – | – |
| Apr 2018 | $1.96M | Grant | – | – | |
| Jan 2017 | $689,487 | Grant | – | – | |
| Nov 2016 | $23.8M | Series B | – | – | – |
17 investors in total: 17 institutional.
Investors in PragmatIC
PragmatIC has secured backing from 17 investors, including venture fund and institutional investors. Prominent investors backing the company include Amcor, Arm and M&G.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Diversified asset management firm and private fund focused on debt and equity investments in climate startups, real estate, and multiple sectors | 1931 | mandg.com | London, United Kingdom | |
Investment funding for transformational UK projects is provided. | ukib.org.uk | Leeds, United Kingdom | ||
Investment firm focused on investing in science and technology firms | 2020 | northern-gritstone.com | Manchester, United Kingdom | |
Growth capital is provided for innovation-driven companies by MVolution Partners. | mvolutionpartners.com | |||
Venture capital investments are made in life sciences and deep tech. | 2013 | cic.vc | Cambridge, United Kingdom | |
Venture capital fund focused on enterprise tech, fintech, deep tech, AI, B2B, B2C, and medtech companies | prosperity7vc.com | Dhahran, Saudi Arabia | ||
Venture capital co-investments are made in UK later-stage businesses. | britishpatientcapital.co.uk | Sheffield, United Kingdom | ||
Venture capital investments are provided to early-stage tech startups. | latitude.vc | London, United Kingdom | ||
Venture capital firm | iqt.org | Washington, Dc, United States | ||
Multiple sectors are targeted for private equity investments. | 2005 | mavencp.com | Birmingham, United Kingdom |
Investor details for PragmatIC
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People of PragmatIC
74 people are tracked at PragmatIC (28 in leadership, 3 in board & advisors, 43 in team).
| Name | Role | Group |
|---|---|---|
Richard Price | Co-Founder | Leadership |
David Moore | CEO | Leadership |
David Verity | Senior Director - Design Platform | Leadership |
Clare Hodcroft | VP, People | Leadership |
Scott White | Founder & Executive Director, Strategic Initiatives | Leadership |
Neil Davies | VP Process Engineering | Leadership |
Stephanie Kane | Head Of External Communications | Leadership |
Charlotte Ingram | Executive Assistant To Chief Executive Officer | Leadership |
Nathaniel G. | Head Of Production And Process Engineering | Leadership |
Iain Docherty | Vice President Of Manufacturing Operations | Leadership |
Ollie Bedford | Head Of Digital Marketing | Leadership |
Phil Dawson | Head Of Equipment Engineering | Leadership |
Adam Broughton | Director Of IT | Leadership |
Paul Garner-Evans | Commercial Director | Leadership |
Camila Cottage | Finance Director | Leadership |
Melanie Winter | Technical Engagement Director | Leadership |
Graham Thompson | Head Of Construction And Facilities | Leadership |
Catherine Kidd | Head Of Revenue Marketing | Leadership |
Zoe Cornforth | People Director | Leadership |
Daniel Scaglione | Vice President Procurement And Supply Chain | Leadership |
54 more people are available in the full profile.
Complete people profiles for PragmatIC
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Investments & Acquisitions by PragmatIC
PragmatIC has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Nano ePrint.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Printed nano-transistors in zinc oxide are produced via planar technology. | nanoeprint.com | Manchester, United Kingdom | 2006 | Jun 2010 | •••• |
Complete acquisition details for PragmatIC
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Timeline of PragmatIC
4 dated milestones of PragmatIC across 13 years, from founding to its latest funding, stage changes and deals.
- Founded PragmatIC is founded.
- Acquisition Acquires Nano ePrint.
- Funding First funding round of $5.8M.
- Funding Latest funding round, Series D, of $231.0M.
Competitors of PragmatIC
PragmatIC has 3 listed competitors in our database, 2 of them funded. They include CelLink, American Semiconductor and MicroConnex.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cellinktechnologies.com | 2011 | San Carlos, United States | $297.22M | Flexible high-conductance circuits are designed and manufactured by CelLink. | ||
| americansemi.com | 2001 | Calabasas, United States | $840,922 | 11 | Flexible ICs and hybrid electronics are developed using polymer processes. | |
| microconnex.com | 1995 | Snoqualmie, United States | Flexible ICs are designed, prototyped, and manufactured using laser micromachining. |
Detailed competitors of PragmatIC
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Web traffic of PragmatIC
The website of PragmatIC (pragmaticsemi.com) receives about 15.5K visits a month.
- Monthly visits15.5K
▼ 0.8% vs previous month
Top companies in Embedded & Flexible Electronics
3 companies that operate in the same segment as PragmatIC (Embedded & Flexible Electronics) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
IoT connectivity platform from prototype to production is developed. | 2011 | San Francisco, California, United States | USD 134.87 M | 109 | ||
RF MEMS-based oscillators and resonators are supplied for diverse applications. | 2004 | Sunnyvale, California, United States | USD 51.97 M | USD 326.66 M | 395 | |
Flexible displays are researched, developed, and manufactured by Royole. | 2012 | Fremont, California, United States | USD 849.93 M | 78 |
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Related news about Pragmatic
Complete news archive for PragmatIC
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Frequently Asked Questions about PragmatIC
PragmatIC was founded in 2010.
PragmatIC is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.
David Moore is the CEO of PragmatIC, as recorded in our data.
PragmatIC is a funded company, having raised a total of $392.76M across 16 funding rounds to date. The company's 1st funding round was a Series B of $23.8M, raised on Dec 2010.
PragmatIC was founded in 2010 and is headquartered in Cambridge, United States. Flexible integrated circuits are produced, with a focus on thin silicon ICs designed for RFID and NFC uses. A platform is provided to support the development of custom flexible devices by designers. Operations target sectors including consumer goods, retail, healthcare, pharmaceuticals, gaming, and security.
PragmatIC's top competitors include CelLink, American Semiconductor and MicroConnex.
PragmatIC offers FlexIC Platform and NFC Connect PR1301.
PragmatIC has made 1 acquisition, including Nano ePrint.
PragmatIC has 17 investors. Key investors include Amcor, Arm, M&G, Maven Capital Partners, and Avery Dennison.
PragmatIC operates through Pragmatic Semiconductor Limited.