Pragmatic Semiconductor secures £162M Series D for UK expansion

Pragmatic Semiconductor has completed a first close of its Series D funding round, securing £162 million. The investment will enable building third and fourth fabrication lines at its Pragmatic Park facility in Durham, with plans for at least eight lines over five years, creating over 500 jobs.

“This successful Series D round is a clear testament to the massive opportunity for our innovative technology”machinery-market.co.uk

• 1 source
• machinery-market.co.ukPragmatic Semiconductor to expand UK manufacturing operations - Machinery Market NewsJohn HunterDec 8, 2023

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