Pragmatic Adds £28M To Series C In Boost For Uk Semiconductor Production

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Pragmatic has developed an integrated circuit platform that doesn’t rely on silicon. Our revolutionary technology uses thin-film semiconductors to create flexible integrated circuits that are thinner than a human hair, and are significantly cheaper and faster to produce than silicon chips. This provides a compelling alternative for many mainstream electronics applications, as well as enabling new applications not possible with silicon. Pragmatic’s ultra-low-cost, ultra-thin, flexible integrated circuits make it possible to embed our chips into almost anything, bringing connectivity and intelligence to everyday objects. Example applications include radio frequency identification (RFID) and near field communications (NFC), where our chips cost less than a penny and allow these everyday objects to be given unique digital identities as well as interact with their environment. This brings game-changing benefits to the entire product lifecycle, including inventory reduction, traceability, counterfeit detection, proof of provenance, and customer interaction.