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Temasek Holdings Leads Financing for PureLiFi in Tech Expansion

By Tony Seruga

Lead investor in series-B financing for Edinburgh-based firm
Part of Temasek’s focus on telecom, media, technology

Singapore’s state-owned investment firm Temasek Holdings Pte 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 $10 million, it said in an e-mailed statement. 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…

Temasek Holdings Leads Financing for PureLiFi in Tech Expansion

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