UK flexible IC pioneer backed by packaging giant

UK flexible IC pioneer backed by packaging giant

Business news |
By Peter Clarke

The investment adds to PragmatIC’s Series C of more than US$80 million, announced in October 2021 (see PragmatIC raises $80m for second plastic chip fab) and takes the Series C above US$90 million. Amcor said the two companies will seek to integrate PragmatIC’s FlexICs into Amcor’s portfolio of sustainable packaging solutions.

PragmatIC also makes the ConnectIC family of radio frequency identification and near-field communications ICs, which can be embedded into packaging to store and relay information to devices such as smartphones. This technology enables smart packaging applications across the entire product lifecycle – from manufacturing and supply chain management to consumer engagement and even material recovery.

Arm Ltd. was also part of the Series C funding round and Dipesh Patel, ARM’s chief technology officer, has joined the board of directors of PragmatIC.

Related links and articles:

News articles:

Toray adds CNTs to improve printed-on-plastic ICs for RFIDs, sensors

PragmatIC raises $80m for second plastic chip fab

ARM invests in PragmatIC’s $80 million expansion

Time to embrace plastic ARMs?

PragmatIC receives orders for 20 million printed ICs

If you enjoyed this article, you will like the following ones: don't miss them by subscribing to :    eeNews on Google News


Linked Articles