6 years ago
pureLiFi Raises $18 Million to Develop Gigabit LiFi Components for Mobile Devices
pureLiFi, a UK-based LiFi technology company, has secured $18 million in Series B funding led by Temasek and the Scottish Investment Bank
The company plans to use the funds to develop Gigabit LiFi components for integration into mobile devices
Founded in 2012 as a spin-out of the University of Edinburgh, pureLiFi specializes in OEM components for mobile device and lighting manufacturers
The company has international partnerships with organizations like Cisco, Wipro, Zumtobel, O2 Telefonica, and Getac.
ProblemTechnology
"Mobile devices are reliant on wireless internet connectivity that is slow, unreliable, and often congested, especially in crowded areas."
Solution
"LiFi technology uses light to transmit data, creating a new kind of wireless internet connection that is faster, more secure, and less susceptible to interference. pureLiFi's components enable device manufacturers to integrate LiFi into their products, creating a seamless and user-friendly experience for consumers."