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Pragmatic Semiconductor Secures $80 Million Funding

Oct 18, 2021over 3 years ago

Amount Raised

$80 Million

Cambridge

Description

PragmatIC Semiconductor, a world leader in flexible electronics, is proud to announce that it has secured $80 million of Series C funding. This scale-up investment will be used to build a second FlexLogIC fab in the North East of England, to meet the growing demand for ultra-low-cost flexible integrated circuits (FlexICs) for the Internet of Everything, and strengthening the position of the UK in its ambition to be a leading designer and manufacturer of next generation semiconductors.

Company Information

Company

Pragmat Ic

Location

Cambridge, Maryland, United States

About

Semiconductor

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