The flexible electronics maker once known as Pragmatic Printing has retained the interest of CIC, Avery Dennison and Arm to take its total funding to nearly $47m.

UK-based flexible electronics manufacturer Pragmatic has raised more than £13m ($16.7m) in a round led by Cambridge Innovation Capital (CIC), the patient capital fund affiliated with University of Cambridge. Packaging materials producer Avery Dennison and semiconductor technology supplier Arm Holdings also contributed to the round, as did a range of unnamed, new investors. Founded in 2010…

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