pureliFi successfully raises $18 million to supply Li-Fi components for the mobile device market

pureLiFi just announced successful fundraising of $18 million (£14 million). The funding round includes Temasek, an investment company headquartered in Singapore, and the Scottish Investment Bank. The investment will permit the company to further develop miniaturised LiFi components and make them available in mobile devices. pureLiFi develops technology for communication networks that integrates data and lighting utility infrastructures. It offers a LiFi enabled a device that converts the beam of lights into an electrical signal. The signal is then converted back into data. The company was founded in 2012 and is headquartered in Edinburgh.

pureLiFi has been building partnerships with a range of companies to bring Li-Fi devices at a consumer level.

pureLiFi CEO Alistair Banham. said: “Device manufacturers are looking for new ways to provide devices with faster, more reliable and secure connectivity. LiFi is the natural next step in the evolution of global wireless communications and pureLiFi is leading the way to provide this technology to the market.”

“Our investors believe in our team and our strategy to provide LiFi for every light and every device, and we have the products to support mobile device integration of LiFi.”

Li-Fi is a Visible Light Communications (VLC) system. Like Wi-Fi, it’s bidirectional wireless communication technology. But, where Wi-Fi uses radio waves to transmit data, Li-Fi uses visible light from LED lightbulbs fitted with a special chip.

In simple words, Li-Fi is the internet through Light. You can watch the video below to see how Li-Fi works:

Professor Harald Haas, co-founder and CSO of pureLiFi said: “After more than a decade of persistent and systematic development of key technologies for wireless communications using light and the demonstration of the almost unlimited capabilities of LiFi for secure gigabit wireless connectivity for many use cases such as machine-to-machine communication, we are now at the precipice of a watershed moment for LiFi. I am absolutely delighted that we are now empowered to get the LiFi mass-market avalanche in motion!”.

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