Flexible Electronics News

Pragmatic Semiconductor Increases Series C Funding to $125 Million

Company is planning its second fabrication line (FlexLogic-002), which will increase production capacity by more than five times.

Author Image

By: DAVID SAVASTANO

Editor, Ink World Magazine

Pragmatic Semiconductor announced that it has secured $35 million additional investment from high quality institutional investors. This brings the total raised in its Series C round to $125 million, oversubscribing the original target by more than 50%. Investors have been attracted by the potential for Pragmatic’s unique, flexible integrated circuits to replace mainstream silicon chips, as well as to enable trillions of smart items in applications that would never be possible with silicon. ...

Continue reading this story and get 24/7 access to Ink World magazine for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters