Pragmatic Semiconductor

Pragmatic Semiconductor is a leading company in semiconductor technology, based in Cambridge, United Kingdom, with a significant manufacturing site in Durham. The company specializes in developing and manufacturing flexible integrated circuits (FlexICs) that are cost-effective and sustainable. Their innovative platform allows for faster production cycles compared to traditional silicon chips, making it ideal for applications in Internet of Things (IoT) devices, smart packaging, and sensors. The company operates the UK's first 300mm wafer fab in Durham, capable of producing billions of FlexICs annually. This facility emphasizes sustainability, utilizing thin-film semiconductors that reduce water and energy consumption. Pragmatic Semiconductor has raised over $400 million in funding and collaborates with various partners to advance its technology and expand its market reach. Their focus on enabling item-level intelligence positions them as a key player in industries that require real-time supply chain visibility and edge intelligence.

Semiconductors Cambridge, United Kingdom Founded 2010 ~340 employees Private · Series D

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Employees
340
Revenue / employee
$5.6K
Revenue ~$1.9M
Total funding
$368M
Last round Series D, Dec 2023
H1B sponsor
NA

Funding

  • Dec 2023 · Series D · $206M · M&G’s Catalyst, UK Infrastructure Bank, Northern Gritstone
  • Dec 2022 · Series C · $35M · British Patient Capital, In-Q-Tel, Prosperity7 Ventures
  • Jan 2022 · Series C · $5M · Amcor plc
  • Oct 2021 · Series C · $80M
  • Sep 2020 · Venture · $13M
  • Feb 2019 · Venture · $17M · Cambridge Innovation Capital
  • Jan 2015 · Venture · $8.1M · Cambridge Innovation Capital

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Pragmatic Semiconductor FAQ

How many employees does Pragmatic Semiconductor have?

Pragmatic Semiconductor has about 340 employees (as of Nov 2025).

What is Pragmatic Semiconductor's revenue per employee?

Pragmatic Semiconductor makes about $6K in revenue per employee, based on $1.89M annual revenue and 340 employees.

How much funding has Pragmatic Semiconductor raised?

Pragmatic Semiconductor has raised $367.95M in total funding; its latest round was Series D in Dec 2023.

Data from Company Prospectus, DOL LCA disclosures, WARN notices and 6figr salary profiles.