The photonics chipmaker has completed an Applied Ventures-backed round that brought its overall funding past the $290m mark.

US-based fabless optical technology developer Rockley Photonics has closed a $65m funding round featuring Applied Ventures, the corporate venturing subsidiary of semiconductor technology provider Applied Materials.

Venture capital firm 5Y Capital also took part in the round, which included a $50m close in October 2020 that included Applied Ventures and SIG-i Capital, an investment vehicle sponsored by financial services firm Credit Suisse.

Rockley provides photonic integrated circuit technology which combines various semiconductor optical structures used in sensor and communication…

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.