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Cambridge Tech Podcast hits a significant milestone this week with its 200th episode, and they marked the occasion by revisiting Pragmatic Semiconductor, the company that featured in their very first show. This time, co-founder and CTO Richard Price joined hosts Faye Holland and James Parton to discuss how the company has evolved from a scrappy six-person startup in a Cambridge shoebox office to a 300-strong powerhouse reshaping the semiconductor industry.
Richard Price's journey is a masterclass in deep tech entrepreneurship. Starting with a chemistry kit that "ruined a number of carpets" as a child, he progressed through organic light-emitting diode research before co-founding Pragmatic in 2011 with Scott White and four other talented founders.
Richard shared with us details of some of their key innovations:
- Thin-film semiconductor layers on flexible substrates (not silicon-based)
- Manufacturing cycle times measured in days, not months
- Lower temperatures, less water, fewer chemicals = genuine sustainability benefits
- Current applications in RFID smart labels for anti-counterfeiting and EU digital product passport compliance
The roadmap is ambitious. Generation 3 chips launch this year, followed by a CMOS platform at the end of next year, the first complementary metal oxide semiconductor offering from the company. Beyond that lies the "fab as a service" model, potentially deploying manufacturing facilities globally to compress supply chains and boost resilience.
For founders and VCs, Pragmatic's story offers valuable lessons: the importance of finding the right co-founder (Richard and Scott have been together 15 years), the critical role of ecosystem and location, and the patience required to build deep tech companies.
Headline sponsor Holden Polestar
Produced by Cambridge TV
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