Investors
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.
Pragmatic: Revolutionising semiconductor technology
Discover the market opportunity, key applications of our flexible integrated circuit (FlexIC) technology, our unique manufacturing process and Fab-in-a-Box, alongside the future expansion of our Pragmatic Park manufacturing site in Durham, UK.
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 $400m to date and has grown to over 275 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 houses our FlexLogic-002 fab, with FlexLogic-003 under construction and space for up to a further seven lines. 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.
$400m
Funding raised to date
330+
Employees and growing
200+
Patents owned worldwide