In-Q-Tel

Activity by year

20222023202420252026

Investment

Dec 14, 2022INVESTMENTCounty Durham, United Kingdom$35.0M125 jobs
Pragmatic Semiconductor raises £28.2m for County Durham factory
Pragmatic Semiconductor has raised £28.2m ($35m) in an oversubscribed Series C funding round, bringing the total to £100.8m ($125m), to accelerate plans for a new 175,000 sqft factory in County Durham, UK, creating 125 jobs.
Pragmatic Semiconductor Maven Capital Partners investor North East Development Capital Fund investor British Patient Capital investor In-Q-Tel investor Prosperity7 Ventures investor #Semiconductors and Industrial Electronics business-live.co.uk inkl.com businesscloud.co.uk
Dec 14, 2022INVESTMENTDurham, England, United Kingdom$125.0M
Pragmatic Semiconductor raises $125M Series C for fab expansion
Pragmatic Semiconductor secured $35 million additional investment, bringing its Series C round to $125 million. The funding will be used for a second fabrication line (FlexLogic-002) to increase production capacity by more than 5 times, and a new 15-acre Pragmatic Park site in Durham, England.
Pragmatic Semiconductor British Patient Capital investor In-Q-Tel investor #Semiconductors and Industrial Electronics nmi.org.uk newelectronics.co.uk vipress.net

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