Rockley Photonic went public via a SPAC merger with Sin Capital-backed SC Health in a $1.2bn deal.

Rockley Photonic, a sensors and semiconductors manufacturer, went public via a SPAC merger with Sin Capital-backed SC Health in a $1.2bn deal. The transaction includes a fully committed $150m PIPE, with participation from top-tier institutional investors including Senvest Management and UBS O’Connor and participation from Medtronic. "Rockley is now well poised to further solidify their leadership position in the industry, and we are excited about the abundance of growth opportunities ahead, not only in the consumer health space, but also in medtech and beyond. We look forward to continuing to work alongside Andrew and his team to fully realize the myriad applications of the company’s technology.” A.J. Coloma, SC Health CEO.