Pragmatic
Series D in 2023
PragmatIC specializes in ultra-low-cost flexible electronics, specifically through the development of flexible integrated circuits (FlexICs) that are thinner than human hair. These circuits can be invisibly embedded in various objects, allowing for innovative solutions to everyday challenges that traditional electronics cannot address effectively. The company offers a FlexIC Foundry service, enabling designers to create application-specific flexible devices at a reduced cost and time compared to conventional silicon circuits, thus opening new market opportunities. Additionally, PragmatIC provides standard FlexIC products that enhance established technologies like RFID and NFC for mass-market applications, paving the way for a vast array of smart objects capable of interacting with consumers and their environments. FlexICs are produced using the company's unique FlexLogIC production system, which allows for cost-effective, high-volume manufacturing with significantly lower capital and operational costs than traditional silicon fabrication. Headquartered in Cambridge, UK, PragmatIC serves a diverse range of industries, including consumer goods, retail, healthcare, and security, with a growing global clientele.
PainTEQ
Debt Financing in 2023
PainTEQ is a company dedicated to offering solutions and services for the interventional pain management sector. It focuses on addressing back pain and sacroiliac joint dysfunction through its innovative SI joint stabilization system. This minimally invasive approach aims to provide patients with a safe and effective means to alleviate chronic pain, thereby improving their quality of life. By concentrating on these specific areas of pain management, PainTEQ seeks to enhance treatment options for individuals suffering from related conditions.
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 integrate seamlessly into various manufacturing processes. The company serves global markets such as lighting and electronics, and has a strategic collaboration with Corning Incorporated.
Pathware Inc. specializes in developing automated point-of-care biopsy assessment systems aimed at enhancing the diagnostic capabilities of clinicians and pathologists. Its flagship product, Bioptic, allows for the rapid diagnosis of pathogens, while its sample management platform streamlines the pathology workflow by minimizing repetitive tasks. The company’s digital pathology platform integrates advanced hardware and software tools, facilitating immediate analysis of tissue samples at the point of care, thereby reducing the need to send samples to central laboratories. This innovation significantly shortens turnaround times and improves patient care through AI-powered image analysis and telepathology capabilities. Founded in 2017 and headquartered in Ann Arbor, Michigan, with an additional location in Seattle, Washington, Pathware is dedicated to improving healthcare by leveraging computational microscopy and artificial intelligence for more accurate and timely disease diagnosis and treatment.
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