Pragmatic Series D Investment Case Study

This document is a case study detailing Pragmatic's Series D funding round aimed at raising at least £150 million to support its growth and path to profitability. The company, headquartered in Cambridge, UK, is a leader in semiconductor manufacturing, producing ultra-low cost, flexible chips. The case study outlines Pragmatic's strategic initiatives to secure funding primarily from UK sources, emphasizing the importance of creating a scale-up-friendly investment environment. It highlights the collaboration with M&G's Catalyst Strategy and the UK Infrastructure Bank, which are pivotal in unlocking domestic capital for high-growth companies. The funding will facilitate significant capital investment in the North East of England, contributing to the development of the North East Advanced Material Electronics cluster. The case study also underscores Pragmatic's commitment to sustainability and its role in supporting the UK’s transition to net zero, while creating high-skill jobs and enhancing national security through advanced manufacturing capabilities.