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LiFi Beam

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Wireless data transfer using visible light spectrum

United Kingdom
Valuation $100–250M Last recorded · 2021
Total funding $10–50M Disclosed equity funding
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About LiFi Beam

LiFi Beam provides data transfer solutions utilizing the Visible Light Spectrum, a technology known as Light Fidelity (LiFi). This method serves as an alternative to traditional radio frequency-based communications like WiFi, using light to transmit data. The technology works by modulating the intensity of LED light at high speeds, which is then detected by a receiving device. This process allows for high-speed data transfer, with demonstrated speeds reaching up to 42 Gigabytes per second. The core technology, LiFi, was first introduced by Professor Harald Haas in a 2011 TEDGlobal talk.

The company targets both public and private sector clients for various applications, including vehicle-to-vehicle and vehicle-to-infrastructure communications. One major initiative involves integrating their technology into public street lighting, allowing municipalities to monetize their infrastructure by selling spectrum assets to mobile network providers facing capacity issues. Other applications are in development for retail sites to enhance customer experiences and for medical facilities, including robotic surgery centers. In September 2021, LiFi Beam announced the completion of a $17 million Series A funding round to expand its manufacturing capabilities and accelerate project pipelines, particularly its street lighting rollouts.

Source: Dealroom company data

At a glance

Status
Closed
Headquarters
United Kingdom
Open positions
None listed
Dealroom signal
0.0/100
Links
Website

Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES A✓Equity / VC Sep 2021 $17M $68M Star Capital —
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Investments and acquisitions

Capital deployed

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Investors

1 investor on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A1 investor entered at this stage

  • Star Capital
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Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

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Global footprint

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Workforce by country
🇬🇧 United Kingdom HQ
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Market sentiment

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