Pragmatic
Pragmatic Semiconductor is a manufacturer of ultra-thin, physically flexible integrated circuits using thin-film transistor technology.
Pragmatic has raised €342M across 5 funding rounds from 12 investors, most recently a Series D+ round in Dec 2023. Based in Cambridge, UK; founded 2006; active in Semiconductors. Data as of 28 Oct 2026.
Total raised
€342M
€341,781,967
Funding rounds
5
Investors
12
distinct backers
Active since
2015-01
latest 2023-12
Funding by year
EUR raised per yearPragmatic — funding by year — interactive chart.
Data table
| Pragmatic — funding by year | |
|---|---|
| 2014 | €6.7M |
| 2016 | €21M |
| 2021 | €69M |
| 2022 | €33M |
| 2023 | €213M |
Signals
High confidenceRaise-next likelihood11
base rate 53% for Series D+
- ▼ Past typical raise window
- ▲ Up-round momentum
- ▼ Low backer re-investment
Exit likelihood10
base rate 11% (2+ rounds)
- ▲ €100M+ raised
- ▲ 5 rounds raised
- ▼ Old (20y) — past typical exit age
- ▼ No recent equity round (debt-only or quiet)
Timing: overdue vs cohort gap · momentum up. Funding-only estimates, not predictions and not investment advice — see signals.
Funding rounds
5 rounds| Date | Stage | Amount | Investors | |
|---|---|---|---|---|
| 2023-12-06 | Series D+ | €213M | British Patient Capital,Cambridge Innovation Capital,Latitude,M&G's Catalyst Fund,MVolution Partners,Northern Gritstone+2 more | View deal → |
| 2022-12-14 | Series C | €33M | British Patient Capital,Finance Durham Fund,In-Q-Tel,North East Development Capital Fund,Prosperity7 Ventures | View deal → |
| 2021-10-21 | Series C | €69M | — | View deal → |
| 2016-10-01 | Series A | €21M | Arm,Cambridge Innovation Capital | View deal → |
| 2015-01-01 | Early VC | €6.7M | Cambridge Innovation Capital | View deal → |