Pragmatic
1 Dec 2025
Pragmatic Semiconductor is 15 years old today. This is a milestone that gives us the perfect moment to reflect on how far we’ve come.
When Pragmatic was established in 2010, our mission was bold and ambitious: to rethink what’s possible in flexible electronics. We set out to create a new kind of chip – flexible, ultra-thin, cost-optimised and quick to produce – to open electronics to applications that traditional silicon semiconductors simply couldn’t reach.
Fifteen years later, that vision has become reality.
“Creativity and collaboration were woven into our DNA from day one. In the early years, with a small team and limited resources, we had no choice but to work efficiently and think outside the box. That spirit of teamwork and openness extended beyond our walls to partners and collaborators. As we’ve grown, we’ve worked hard to preserve those values.”
Dr Richard Price, CTO and co-founder
Pioneering deep tech from lab to fab
Our story is a testament to the perseverance required in deep tech. Building any business is hard, but building a deep-tech company based on emerging science and technology is exceptionally challenging.
Our FlexIC technology is enabling a new era of intelligence – one that’s smarter, more sustainable, and more accessible than ever before. From item-level connectivity in packaging and logistics to innovation in wearables, healthcare, and smart infrastructure, Pragmatic is empowering innovators around the world to turn bold ideas into breakthrough products.
“When I joined Pragmatic in 2023, I was deeply inspired by the company’s amazing journey of technology innovation and progress, reinventing how semiconductors are designed and made. I am truly humbled to have been able to join the team on that journey, and it’s incredibly exciting to be leading the company’s mission to deliver our pioneering flexible semiconductor technology at scale, accelerating the growth and success of our global customers, to positively impact peoples’ lives and our planet.”
David Moore, CEO
Innovation that scales
Our FlexIC innovation bridges physical and digital worlds impacting trillions of items globally, and offers a pathway to smarter, more sustainable and resilient supply chains.
Our unique and innovative manufacturing process means short cycle times eliminating the energy-intensive processes of standard semiconductor manufacturing, dramatically reducing the carbon impact of our chips with less water, fewer harmful chemicals, and lower temperatures. Additionally, our modular manufacturing requires a compact footprint, with each production line measuring only 600m2. We believe that connecting the world doesn’t need to cost the earth.
Transitioning to high-volume manufacturing is no simple feat. Semiconductors are unforgiving – demanding extraordinary skill and experience from a wide range of talented people.
“Initially, we didn’t plan to become a manufacturing company. Our goal was to develop the technology and integrate manufacturing into customers. As we solved technical challenges, moving into pilot production became essential to prove scalability. I am especially grateful to the dedicated and talented teams we have, all contributing to truly pioneering novel semiconductor technology.”
Dr Richard Price, CTO and co-founder
Sustainability by design
From the beginning, Pragmatic has believed that innovation and sustainability should go hand in hand. As demand for semiconductors grows, we’re showing that smarter chips can also be sustainable – and that electronics at scale can help build a lower-carbon future.
“I joined as employee number six, and it’s been a privilege to help shape and scale the company – in both our technology and our culture. I’m a firm believer in assuming positive intent, and I’ve seen how it drives the collaborative, solution-focused mindset behind our success. Today, our FlexIC Foundry delivers custom chips in weeks, not months, breaking traditional barriers of time, cost, and sustainability. And our technology keeps evolving, pushing the boundaries of performance and form factor to bring intelligence to everyday objects.”
Dr Catherine Ramsdale, SVP Technology
Powered by people
At the heart of Pragmatic’s story is our people. The past 15 years have been shaped by a cross-disciplinary team of innovators, engineers, and visionaries who share a common goal: to make technology more flexible, inclusive, and transformative.
We’re proud to have built a workplace that champions creativity, curiosity, and collaboration – one that continues to attract exceptional talent from across the world.
A flexible future
As we expand our manufacturing capacity, deepen our partnerships, and unlock new applications of FlexIC technology, our goal remains unchanged: to make electronics more flexible, sustainable, and accessible for all.
To everyone who has been part of our journey so far – our employees, partners, customers, and investors – thank you. Your trust, passion, and collaboration have shaped what Pragmatic is today, and will continue to drive what we achieve tomorrow.
There’s still so much to look forward to as we continue to invest in UK-based manufacturing and pursue an ambitious technology and product roadmap. We’re looking ahead to the next 15 years of innovation – and a flexible future.
Explore our timeline here and learn more about our pioneering flexible semiconductor technology here.