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Media Summary: pureLiFi raises over £1.5m valued at over £14m

Edinburgh, 19 January 2015 – pureLiFi, the light communications technology company that leads the market in research and commercialisation of Li-Fi, has raised £1.5 million in its latest round of investment. Valuing the 2012 University of Edinburgh spin-out at over £14 million, a VC funding round is in process and the company expects to make a related announcement on additional funding during the second half of 2015.

The news was picked up by a number of global media outlets including:

The Scotsman

Sunday Herald

Daily Business

Venture Beat

Business Quarter

TechCrunch

Computer Business Review

 

 

Nikola worked with major companies in the area of Li-Fi technology and commercialisation, leading the creation and cultivation of the Li-Fi ecosystem, marketing, sales and standrdization. His experience with T-Mobile and T-Home in Macedonia focused on mobile network deployment and analysis as well as database app development. Nikola worked for the UK-China Science Bridges project to successfully demonstrate the world’s first practical implementation of the Spatial Modulation MIMO concept. He received a BSc in electrical engineering and computer science and an MSc in communications, system and electronics, both from Jacobs University Bremen, Germany. Nikola earned his PhD in digital communications and signal processing from the University of Edinburgh.

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