Flexible Electronics News

PragmatIC Semiconductor Secures $80 Million Funding

New investment supports second FlexLogIC fab to meet demand for flexible chips.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

PragmatIC Semiconductor announced that it has secured $80 million of Series C funding. This scale-up investment will be used to build a second FlexLogIC fab in the North East of England, to meet the growing demand for ultra-low-cost flexible integrated circuits (FlexICs) for the Internet of Everything, and strengthening the position of the UK in its ambition to be a leading designer and manufacturer of next generation semiconductors. “This successful Series C round is a testament to the potenti...

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