According to various sources the Scottish company PureLiFi has raised another £1.5m GBP from investors including London & Scottish Investment Partners, Scottish Investment Bank and Old College Capital and Edinburgh University's venture investment arm. This means the company, that was founded in 2012, is now valued at £14m.
The company are riding the current wave of hype surrounding the Internet of Things (IoT). LiFi, although still very much in its infancy, is seen as a credible future alternative to WiFi.
Last year, PureLifi launched and shipped the world's first LiFi network - Li-Flame - to industry customers. Their co-founder and chief science officer Harald Haas said: "LiFi is increasingly viewed as a transformative technology that can change the way we use the mobile internet as part of future 5G cellular networks and at the same time be an enabler of the emerging Internet of Things."
We previously wrote a more in-depth article about Lifi here - http://memoori.com/internet-illuminated-things-li-fi-offers-glimpse-future-data-transmission/ - and discuss the future of LED Lighting in our research report LED Lighting in Buildings 2014 to 2018 - http://memoori.com/portfolio/led-lighting-in-buildings-2014-to-2018/
In other related LED & Wireless Communication news, Shuji Nakamura, co-inventor of the blue LED recently spoke in Japan about his view on LiFi and intelligent lighting.
“There is a limitation to LEDs,” Nakamura told a press conference. “By increasing the input power, LEDs become very bright. But the problem is that with the increase of power, the efficiency gradually decreases. In contrast, the input power for laser diodes can be increased endlessly with very high efficiency" adding “In the near future, all lighting will be from laser-based lighting.”
He referred to Li-Fi, which can currently send data at speeds of 3.5Gbps or more, saying that a laser diode-based version would be even faster.
"The modulation speed of laser lighting is much faster than LED lighting, almost 1,000 times faster, so the Internet speed would become much, much faster,” Nakamura predicted.