5 years ago

Rockley Photonics Raises $65 Million to Expand Optical Sensor Offerings

  • Rockley Photonics, a UK and US-based integrated optics solutions provider, has secured an additional $65 million in growth funding

  • The funding will be used to accelerate the company's product offerings, particularly its integrated optical sensors products

  • Rockley Photonics was founded in 2013 and is led by Andrew Rickman

  • The company has raised over $290 million in funding to date, from investors including Morningside Ventures, SIG-I Capital, and Applied Ventures, LLC

      • ProblemTechnology

      "Traditional optical sensors are bulky, expensive, and difficult to manufacture at scale. This limits their use in many applications where they could be valuable."

      Solution

      "Rockley Photonics develops silicon photonics chipsets that are smaller, cheaper, and easier to manufacture than traditional optical sensors. This allows them to be used in a wider range of applications, such as in smartphones, wearables, and medical devices."

      Covered on