5 years ago

Rockley Photonics Raises $50 Million in Growth Funding

  • Rockley Photonics, a UK-based integrated optics solutions provider, has secured an additional $50 million in growth funding from leading deep-tech VCs, strategic investors, and institutional funds, including Credit Suisse backed SIG-i Capital and Applied Ventures, LLC, the venture capital arm of Applied Materials, Inc., as well as existing shareholders

  • The company, founded by Dr

  • Andrew Rickman, the founder of the first commercial silicon photonics company Bookham Technology, has raised over $225 million in funding to date

  • This latest round will support Rockley's next growth phase as it develops next-generation disruptive silicon photonics powered healthcare and wellness sensors and communications products for its Tier-1 customers.

      • ProblemTechnology

      "Existing healthcare and wellness sensors and communication products lack the performance and cost effectiveness of silicon photonics."

      Solution

      "Develop next-generation, disruptive silicon photonics-powered healthcare and wellness sensors and communication products."

      Covered on