pureLiFi, an Edinburgh, Scotland, UK-based LiFi technology company, closed a $18M Series B funding.
The round included Temasek and the Scottish Investment Bank.
The company intends to use the funds to further develop Gigabit LiFi components and make them available in form factors ready for mobile device integration.
Founded by Harald Haas, CSO, and Mostafa Afgani, Chief Technology Officer, in 2012 as a spin-out of the University of Edinburgh and led by CEO Alistair Banham, pureLiFi is a light communication company creating OEM components, including LiFi transmitters and receivers for mobile device and lighting manufacturers.
pureLiFi has grown its international customer base around the world with international partnerships in place with organizations such as Cisco, Wipro, Zumtobel, O2 Telefonica and Getac.