23 place 9

440 Pragmatic raises £182m to expand UK semiconductor manufacturing

UK Tech News
Robert Scammell @ UK Tech News 1 place · 12/06/2023 05:37 EDT

Pragmatic raises £182m to expand UK semiconductor manufacturing

Chip maker Pragmatic has raised £182m to fund an expansion of its manufacturing facilities in a boost for UK semiconductor production. Cambridge-headquartered Pragmatic said it has secured £162m and has an additional £20m of capital allocated for a limited second close. In the short term, Pragmatic will use the influx of capital to build its ...

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