Pragmatic Semiconductor (Cambridge, UK), a world leader in manufacturing flexible integrated circuits, has completed a first close of its Series D funding round, securing an investment of £162M ($206M). The company is planning a limited second close for key investors, of which £20M ($25M) additional investment is already allocated. M&G’s Catalyst and UK Infrastructure Bank co-led the funding round with participation from new investors including Northern Gritstone, Latitude and MVolution Partners, and existing investors such as British Patient Capital, Cambridge Innovation Capital and Prosperity7 Ventures (the diversified growth fund under Aramco Ventures).
LOPEC, the world’s leading exhibition and conference for flexible, organic and printed electronics, will be held in Munich from 5-7 March 2024. Under the focus topic of Smart Living, companies and researchers will show how printed electronics is making the health sector fit for the future.
Pragmatic Semiconductor (Cambridge, UK) has appointed semiconductor industry veteran, Shane Geary, as Senior Vice President, Manufacturing & Operations. Geary will take over from Ken Williamson to lead the Operations and Manufacturing divisions with immediate effect. Geary comes to Pragmatic with over 25 years leadership experience in semiconductor technology, manufacturing and operations.
