Applied Ventures contributed to a $50m round that pushed the total raised by the silicon photonics technology producer to $225m.
US-based optical technology manufacturer Rockley Photonics has completed a $50m funding round that included Applied Ventures, the strategic investment arm of semiconductor technology producer Applied Materials.
The round also featured institutional funds including SIG-i Capital, an investment firm backed by financial services group Credit Suisse. It followed an undisclosed amount from investment firm Ahren Innovation Capital in March this year and increased the company’s overall financing to $225m.
Rockley produces silicon photonics chipsets for use in the manufacturing of highly…
