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Pragmatic

Pragmatic

Private
Cambridge, EnglandFrontier & Industrial Techhttps://www.pragmaticsemi.com

Last Round

Series D

Dec 6, 2023

Est. Valuation

$630M

Total Funding Raised

$393.48M

Momentum Score

25 /100

Company Overview

Pragmatic is a semiconductor company that develops low-cost, flexible integrated circuits using advanced thin-film technology, offering a practical alternative to traditional silicon chips for innovative solutions to everyday challenges.

Sector

Frontier & Industrial Tech

Verticals

Semiconductors, IoT Hardware, Supply Chain Tracking, Smart Manufacturing, Advanced Materials

Business Model

B2B

Customer Profile

Hardware Sales, Services & Consulting, Government Contracts

AI Layer

Non-AI

Keywords

flexible integrated circuitsFlexICsflexible chipsflexible semiconductorssemiconductor manufacturingfoundry servicesmart packagingitem-level traceabilityflexible electronicsRFID chipsplastic electronicsthin-film transistorNFC chipsFab-as-a-ServiceFaaScustom ASICsprocess design kitPDK

Historical Pricing

Historical view of private secondary pricing and transaction trends.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Pragmatic Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Pragmatic Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Series DDec 6, 2023
Series C ExtensionDec 14, 2022
Series COct 18, 2021
Series BFeb 12, 2019
StrategicOct 13, 2016
Series A
Jan 27, 2015

Key People

Founding team and executive leadership

David Moore

Chief Executive Officer

Executive Team

Roger Lovegrove

Interim CFO

Executive Team

Steve McCue

Chief Financial Officer

Executive Team

Pragmatic Investors

Notable investors and investment history

InvestorRounds
Vestland InvestSeries D
British Patient CapitalSeries C Extension, Series D
M&G InvestmentsSeries D
MTI PartnersSeed
Lowercarbon CapitalSeries D
Aramco VenturesSeries C Extension, Series D
Cambridge Innovation CapitalStrategic, Series C, Series D, Series B, Series A

Market signals

Structured signals derived from secondary market and firmographic data.

  • Apr 21, 2026

    Launched new RFID product lines for the packaging market with Tageos.

  • Apr 21, 2026

    Partnered with Tageos for new RFID product lines.

Pragmatic Filings

SEC and related filings with document metadata.

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Pragmatic Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Pragmatic's valuation, stock price, and market status.

Firmographic Details

HeadquartersCambridge, England
Employee Range331
Year Founded2010
Last FundingDec 6, 2023

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Disclaimer All investments involve risk, including the risk of loss of principal. You should carefully consider your investment objectives, risks, transaction costs and other expenses before deciding to invest in options, swaps or other investments.This does not constitute an offer by Caplight Technologies, Inc. to sell, or a solicitation of an offer to buy, any securities and may not be used or relied upon in connection with any offer or sale of securities. An offer or solicitation can be made only through the delivery of final offering document(s) and purchase agreement(s), and will be subject to the terms and conditions and risks delivered in such documents. Any securities offered are offered through Caplight Markets LLC, member FINRA/SIPC.