| Singapore’s state-owned investment firm Temasek Holdings is the lead investor in the latest round of financing by Edinburgh-based telecommunications company pureLiFi as it expands its technology holdings. The Series-B round brought pureLiFi’s total financing to more than US$10 million ($13.5 million), it said.
The funding will support the development of the firm’s technology that uses light-emitted diodes to provide wireless communication systems with the potential to be faster than current WiFi technology, according to the statement. Aedan Lai, a spokesman for Temasek, confirmed the investment and declined to comment further...............................................Full Article: Source
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