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Accelerating the adoption of our revolutionary flexible integrated circuits (FlexICs)

Pragmatic is a global leader in flexible integrated circuits (FlexICs), with a ground-breaking technology platform that revolutionises semiconductor manufacturing. The addressable market for our integrated circuits is >$10bn, with the potential for our technology to be embedded in trillions of smart items. Our growth is supported by a world-class shareholder base including financial, strategic and sovereign investors.

Our investors include

Our customer base includes global top-tier organisations in multiple market sectors who recognise the immense potential of our unique technology. We inspire designers and innovators to create more extraordinary electronic solutions that improve everyday life for everyone.

Saving time, money, and the planet

Our novel fabrication process offers high throughput FlexIC production (billions per year) with a capital expense 100x lower than traditional semiconductor manufacturing. Production cycle time is less than 48 hours, enabling agile electronics supply chains with “just-in-time” delivery. And in a time when environmental concerns are paramount, our process is also significantly more sustainable with 100x less energy and water, and 1000x lower CO2e.

Pragmatic today

Pragmatic has raised over $190m to date and has grown to over 240 employees, headquartered in Cambridge and with our first production fab FlexLogic-001 in County Durham. With a strong IP base including over 200 patents worldwide, our technology has proven scalability with >90% production yield.

Pragmatic’s future

Our new 175,000ft2 manufacturing facility, Pragmatic Park, in Meadowfield, Durham will house our FlexLogic-002 fab, alongside space for up to a further eight lines in the future. This will allow us to continue >100% year-on-year sales growth and grow annual capacity to >5 billion FlexICs.

Over the next decade our vision is to deploy over 100 FlexLogic fabs globally, generating over $1 billion sales with over 1 trillion smart items enabled by Pragmatic’s technology.

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Lower production cost


Lower capital expense


Lower carbon footprint


Funding raised to date


Employees and growing


Patents owned worldwide


We are driven by our goals to operate sustainably and responsibly for all our stakeholders. We strive to ensure everything we do will preserve and protect our environment, care and include our people, and be fair and trusted as an organisation.

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Investor testimonials

Pragmatic’s flexible electronics are one of the most disruptive tech opportunities Cambridge Innovation Capital has had the opportunity to invest in. Cambridge Innovation Capital is delighted to partner with Pragmatic and support the company as it scales-up to meet the pent-up demand from customers for higher volume commercial production.

Andrew WilliamsonManaging Partner
Cambridge Investment Capital

Arm is committed to identifying innovative and disruptive new technology platforms. We are supporting Pragmatic as they have the potential to dramatically extend the range of form factors and economics of embedded intelligence. We see particularly compelling possibilities to embed connectivity and computational power in everyday objects at extremely low cost.

Laurence BryantVP Client Solutions

I am honoured to be involved with Pragmatic and its talented team of innovators at such an exciting time as they are poised to disrupt the electronics industry as well as the supply side of many consumer goods industries. With an increasing focus on a circular economy and transparent supply chains, Pragmatic is bringing a cost effective and highly scalable solution to market.

Erik LangakerChair

We’re excited about this collaboration with Pragmatic, which presents a promising opportunity to build on our high volume RFID inlay manufacturing capabilities. With Pragmatic’s technology, there is the potential to extend the use of unique item-level digital identities to improve consumer experiences in a number of new segments, such as FMCGs.

Francisco MeloVice President and General Manager, Global RFID
Avery Dennison

Pragmatic has a truly disruptive vision for their innovative flexible chips. Their strategy for geographically distributed semiconductor fabrication offers customers the ability to take control of critical supply chains while also quickly responding to market trends and creating new, innovative solutions that solve some of the biggest global problems we are facing today.

Birger SteenNon-Executive Director

As the global diversified packaging leader, Amcor is well-positioned to tap into early-stage, cutting-edge innovation around sustainability and digitization. We are delighted to partner with Pragmatic Semiconductor to explore ways to leverage and integrate these flexible, integrated circuits into our portfolio of more sustainable packaging solutions.

Frank LehmannVice President Open Innovation and Corporate Venturing
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