Avery Dennison has led a $22m funding round for the flexible electronics producer, while existing shareholders ARM and Cambridge Innovation Capital returned.
UK-based flexible electronics manufacturer Pragmatic Printing has raised £18m ($22m) in funding from investors including packaging materials producer Avery Dennison and semiconductor technology provider ARM Holdings.
Cambridge Innovation Capital (CIC), the investment fund of Cambridge University, also took part in the round. CIC previously led an $8.1m round in January 2015 that also featured ARM, itself a spinout of Cambridge University.
Pragmatic Printing manufactures flexible printed electronic logic circuits that are integrated into products to enable intelligent packaging.
The…
