# Pragmatic Semiconductor funding: rounds and investors

> Pragmatic Semiconductor has raised $389M across 7 rounds since 2021. Investors include In-Q-Tel, Future Planet Capital and Northern Gritstone.

Source: https://millionrounds.com/company/pragmatic-semiconductor (Millionrounds; every figure on the page links to its filing or article)

United Kingdom · [Series D startup](https://millionrounds.com/companies)

# Who invested in *Pragmatic Semiconductor*

7 rounds we have observed, with the 4 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Hardware & Electronics

Raised 5 months ago

Funding summary Updated 26 Oct 2026

**$389M** raised across 7 rounds since 2021, from 7 sources

**$100M** Round **$6.8M** Round **$21M** Round **$14M** Round **$229M** Series D **$12M** Round **$6.7M** Round

- **Latest round:** Round, $6.7M Jun 2026
- **Biggest round:** $229M Series D · Dec 2023
- **Investors:** 4

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2022 2023 2024 2025 2026

**$100M** Round

**$6.8M** Round

**$21M** Round

**$14M** Round

**$229M** Series D

**$12M** Round

**$6.7M** Round

- **First round:** Round, $100M
- **Biggest round:** $229M
- **Usual gap between rounds:** 6 months

## The rounds

- **Jun 2026** Round **$6.7M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Apr 2024** Round **$12M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Dec 2023** Series D **$229M** *4 new* [In-Q-Tel](https://millionrounds.com/fund/iqt) [Future Planet Capital](https://millionrounds.com/fund/future-planet-capital) [Northern Gritstone](https://millionrounds.com/fund/northern-gritstone) [National Wealth Fund](https://millionrounds.com/fund/national-wealth-fund) Source recorded
- **Dec 2022** Round **$14M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Jul 2022** Round **$21M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Jan 2022** Round **$6.8M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Oct 2021** Round **$100M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet

## Funding filed with regulators

Pragmatic Semiconductor filed 14 raises, $368M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Jun 2026 **$6.7M** UK share allotment
- Aug 2024 **$321K** UK share allotment
- Aug 2024 **$6.4M** UK share allotment
- Jul 2024 **$3.8M** UK share allotment
- May 2024 **$636K** UK share allotment
- Apr 2024 **$632K** UK share allotment
- Jan 2024 **$3.4M** UK share allotment
- Dec 2023 **$205M** UK share allotment
- Dec 2022 **$1.2M** UK share allotment
- Dec 2022 **$12M** UK share allotment
- Aug 2022 **$18M** UK share allotment
- Jul 2022 **$3.2M** UK share allotment
- Jan 2022 **$6.8M** UK share allotment
- Oct 2021 **$100M** UK share allotment

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Round** 2021 **Round** 2022 **Round** 2022 **Round** 2022 **Series D** 2023 **Round** 2024 **Round** 2026 [In-Q-Tel](https://millionrounds.com/fund/iqt) [Future Planet Capital](https://millionrounds.com/fund/future-planet-capital) [Northern Gritstone](https://millionrounds.com/fund/northern-gritstone) [National Wealth Fund](https://millionrounds.com/fund/national-wealth-fund)

## Everyone who backed them

[In-Q-Tel](https://millionrounds.com/fund/iqt) Accelerator **1** round

[Future Planet Capital](https://millionrounds.com/fund/future-planet-capital) VC firm **1** round

[Northern Gritstone](https://millionrounds.com/fund/northern-gritstone) VC firm **1** round

[National Wealth Fund](https://millionrounds.com/fund/national-wealth-fund) Government **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=pragmatic-semiconductor).

## Quick answers about Pragmatic Semiconductor

### Who invested in Pragmatic Semiconductor?

Pragmatic Semiconductor's investors include In-Q-Tel, Future Planet Capital, Northern Gritstone and National Wealth Fund.

### How much has Pragmatic Semiconductor raised?

Pragmatic Semiconductor has raised $389M across 7 rounds since 2021.

### When did Pragmatic Semiconductor last raise?

Pragmatic Semiconductor's most recent round, $6.7M, was in Jun 2026.

### What was Pragmatic Semiconductor's biggest round?

Pragmatic Semiconductor's largest round on record is $229M (Series D), in Dec 2023.

### Who backed Pragmatic Semiconductor first?

Pragmatic Semiconductor's first round on record, in Dec 2023, was backed by In-Q-Tel, Future Planet Capital and Northern Gritstone and 1 others.

### What stage is Pragmatic Semiconductor at?

Pragmatic Semiconductor's latest named round is a Series D, in Dec 2023.

### Where is Pragmatic Semiconductor based?

Pragmatic Semiconductor is based in the United Kingdom.

## Companies like Pragmatic Semiconductor

In the same sector, and raised in the last eighteen months.

[**mOm Incubators** $191M · Oct 2026](https://millionrounds.com/company/mom-incubators)[**Living Optics** $61M · Oct 2026](https://millionrounds.com/company/living-optics)[**Foundational** $19M · Oct 2026](https://millionrounds.com/company/foundational)[**Flow Engineering** $73M · Sept 2026](https://millionrounds.com/company/flow-engineering)[**SCI Semiconductor** $13M · Sept 2026](https://millionrounds.com/company/sci-semiconductor)[**Finchetto** $4.0M · Aug 2026](https://millionrounds.com/company/finchetto)

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