# pureLiFi

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/purelifi

- Industry: Telecoms
- Headquarters: Edinburgh, UK
- Website: www.purelifi.com
- Total disclosed funding: $24M
- Latest round: Series B (Oct 18, 2019)
- Investors on record: 6

## About

pureLiFi Ltd. specializes in innovative LiFi technology, providing high-speed wireless communication through light, aimed at enhancing connectivity across various environments and applications.Founded in 2011 and headquartered in Edinburgh, UK, pureLiFi Ltd. focuses on the development of LiFi solutions. The company has not undergone any significant business pivots since its inception and has not been reported as a subsidiary of another firm. The latest funding round, in July 2022, raised GBP 10 million led by the Scottish National Investment Bank, bringing the total amount raised to GBP 10 million. Alistair Banham serves as the CEO of the company, overseeing its operations.pureLiFi specializes in the development and deployment of advanced LiFi technology, offering products like the Light Antenna ONE™, a LiFi module for easy integration into devices, the LiFi Cube™, a gateway for seamless connectivity, and the Bridge XC™, which transitions high-speed 5G broadband indoors. Additionally, it provides defense and industrial solutions with products like the Kitefin XE and Kitefin Tactical systems, catering to clients in governmental and commercial sectors, primarily in North America, Europe, and Asia.In its most recent fiscal year, pureLiFi reported a revenue of GBP 700,837.70 and an EBITDA of GBP -60,281.70 for 2012. The company generates revenue through direct sales and partnerships, with clients purchasing its flagship products and engaging in service contracts for ongoing support.Following a successful funding round in July 2022, pureLiFi plans to utilize the GBP 10 million raised to scale operations by developing new technologies and expanding into additional markets. This includes targeting sectors such as mobile phones, tablets, wearables, and connected devices. The company aims to leverage this capital to accelerate product development and market entry, focusing on enhancing its offerings in the rapidly evolving wireless communication landscape.

## Funding rounds

- Series B, Oct 18, 2019, $18M — Temasek Holdings, Scottish Enterprise
- Series A, Dec 23, 2014, $3.5M — Old College Capital, London & Scottish Investment Partners, Scottish Enterprise
- Seed, Jan 1, 2013, $2.4M — PXN Group, Scottish Enterprise, TRICAPITAL

## Investors

- PXN Group (https://capitalatlas.ai/funds/pxn-group) — Seed
- Scottish Enterprise (https://capitalatlas.ai/funds/scottish-enterprise) — Seed, Series A, Series B
- TRICAPITAL (https://capitalatlas.ai/funds/tricapital) — Seed
- Old College Capital (https://capitalatlas.ai/funds/old-college-capital) — Series A
- London & Scottish Investment Partners — Series A
- Temasek Holdings — Series B