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£18 million funding supports further growth including development of FlexLogIC equipment.
October 13, 2016
By: DAVID SAVASTANO
Editor, Ink World Magazine
PragmatIC has secured £18 million of funding, including a strategic investment from Avery Dennison, a Fortune 500 company with leading global positions in labeling and packaging materials as well as RFID. Avery Dennison joins existing shareholders Cambridge Innovation Capital (CIC) and ARM, who also participated in the round. This investment in PragmatIC is expected to accelerate the mass deployment of intelligent packaging, with Avery Dennison leveraging the potential of PragmatIC’s flexibl...
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