CPI’s long‑term partnership with Pragmatic Semiconductor has helped scale a breakthrough technology into world‑leading, high‑volume semiconductor manufacturing. Together, we have enabled the development of ultra‑thin, flexible integrated circuits that offer a lower‑cost, more sustainable alternative to traditional silicon, now produced commercially.

This collaboration has supported Pragmatic’s growth into a flagship UK deep‑tech manufacturer, attracting major private investment, including a landmark Series D funding round in 2023 of £182 million, the largest ever European semiconductor venture funding round, bringing Pragmatic’s total investment to $388 million.

In 2024, Pragmatic opened Pragmatic Park in Durham, a 59,000‑square‑metre facility developed on a brownfield site. Now one of the UK’s most advanced semiconductor manufacturing sites, and home to the UK’s first 300mm wafer fabrication lines, Pragmatic is creating high-value jobs, attracting specialist talent to the North East, and strengthening resilience in the UK’s semiconductor supply chain.

Pragmatic’s FlexIC technology is now enabling intelligence to be embedded into billions of everyday products at scale, bridging our physical and digital worlds while offering a pathway to smarter, more sustainable and resilient supply chains. It also supports Internet of Everything (IoE) applications, enabling the creation of quality data in places where connectivity was previously impossible, fuelling high value opportunities in consumer engagement, brand amplification, circular economy, digital product passports, and supporting the evolution of generative and agentic AI.

For CPI, the collaboration demonstrates how sustained industrial partnership can translate innovation into commercial reality, strengthening UK leadership in sustainable semiconductor manufacturing, supporting supply‑chain resilience, and driving long‑term economic growth.