The funding round was led by IDC Ventures and Simon Eyers to support international expansion and product development.
"COVID-19 has made supply chain transparency and visibility absolutely crucial, not only in retail categories such as apparel, pharma and consumer goods, but in healthcare, government and other sectors as well,"
The Oxford-based integrated optics provider secured the growth private equity investment led by SIG-i Capital to support its expansion into healthcare markets.
"Our optical sensing chipsets, with their unique analytical capabilities, bring benchtop testing capabilities to healthcare and wellbeing markets within handheld and wearable devices. Vafa’s extensive experience in the medical devices field will help to position Rockley for growth in this multibillion-dollar, high-volume market."
The seed round was led by Mercia with participation from angel investor Owen McFarlane.
"I have a big passion for renewable and clean energy, and having grown up experiencing regular blackouts through the collective peak time usage of energy, I wanted to do something about it. I wanted to create a cleaner way of using energy for everyone, which is also more affordable, and build a community to be able to achieve that,"
Whitehelm Capital backed the smart city operator to scale digital networks and internet of things services across British municipalities.
"With this investment, we can replicate the success we have in building smart communities across the country. It’s how we all want to live by just being smarter."
The financing round was led by Erik Langaker to support ongoing production scale and manufacturing optimisation.
"We are delighted to welcome Erik to the Board. He brings us valuable experience alongside market-relevant knowledge at a pivotal time, as we scale the business towards our vision of a trillion flexible integrated circuits."