UK-based Rockley Photonics raises $65m to grow its silicon photonics manufacturing technology

By 29/01/2021June 4th, 2021No Comments

Rockley Photonics, a provider of integrated silicon photonic solutions, has secured an additional $65 million round of growth capital from new private funds and prior backer Morningside Ventures.

Investors in the UK company, which was founded in 2013 and has raised $290 million to date, also include Credit Suisse backed SIG-I Capital and Applied Ventures, the VC arm of Applied Materials.

“There is tremendous need for technologies that can enable effective digital health and wellness, driven by the associated benefit provided to population health,” said Rockley Photonics CEO Andrew Rickman. “This funding provides the resources for Rockley to dramatically accelerate its product offerings, particularly our integrated optical sensors products.”

Rickman previously started the first commercial silicon photonics company, called Bookham Technology.