Pragmatic
Series D in 2023
Pragmatic is a developer of ultra-low-cost flexible integrated circuits, known as FlexICs, which are thinner than human hair and can be seamlessly embedded in various objects. This innovative technology allows designers to create application-specific flexible devices efficiently and at a fraction of the cost and time compared to traditional silicon circuits. Pragmatic also offers standard FlexIC products that enhance established applications like RFID and NFC, facilitating the creation of smart objects that can interact with consumers and their environments. The company's manufacturing is powered by the FlexLogIC production system, which enables cost-effective, high-volume production with significantly lower capital investments compared to conventional silicon fabrication methods. Pragmatic's technology is being increasingly adopted by a diverse range of global companies in markets such as consumer goods, retail, healthcare, pharmaceuticals, gaming, and security. Headquartered in Cambridge, UK, Pragmatic operates its first billion-unit production facility in Sedgefield.
PainTEQ
Debt Financing in 2023
PainTEQ is a company focused on delivering innovative solutions and services to the interventional pain management sector. It specializes in addressing conditions such as back pain through its advanced sacroiliac (SI) joint stabilization system. This system offers patients suffering from SI joint dysfunction a safe and minimally invasive treatment option aimed at alleviating chronic pain. By prioritizing effective pain management, PainTEQ seeks to enhance patient outcomes and improve quality of life for individuals facing persistent pain challenges.
Pixelligent
Debt Financing in 2022
Pixelligent Technologies, LLC specializes in the development and manufacturing of advanced optical materials. Founded in 2000 and based in Baltimore, Maryland, the company produces a range of products, including zirconia nanocrystal dispersions and phenyl silicone kits, which enhance light output and improve scratch resistance in solid-state lighting, displays, and optical components. Pixelligent's proprietary PixClearProcess® enables it to create customized materials that seamlessly integrate into various manufacturing processes. The company serves global markets such as lighting and electronics, and has a strategic collaboration with Corning Incorporated.
Pathware Inc. is a technology company focused on revolutionizing healthcare through its automated point-of-care biopsy assessment system. The company’s flagship product, Bioptic, empowers clinicians and technicians to diagnose pathogens effectively, enhancing the accuracy and speed of disease diagnosis. Pathware also develops a sample management platform that streamlines pathology workflows, minimizes redundancies, and eliminates the need to send samples to central laboratories. This digital pathology platform features innovative hardware and software tools, including AI-powered image analysis and telepathology capabilities, which allow clinicians to scan, visualize, and analyze tissue samples directly in their clinics. Founded in 2017 and headquartered in Ann Arbor, Michigan, with an additional location in Seattle, Washington, Pathware aims to improve patient care and save lives by facilitating earlier and more precise diagnoses and treatments.