Acquire the patent portfolio and technology behind a global leader in LiFi sector
Metis Partners is pleased to ‘deliver’ a unique opportunity to acquire the intellectual property (“IP”) portfolio of pureLiFi Ltd (in Administration) (the “Company” or “pureLiFi”), from insolvency.
Founded in 2011 as a spin out from Edinburgh University, the company’s core mission was to commercialise foundational optical wireless communications (OWC) research and create high-speed, secure, light-based data transmission components and systems. pureLiFi has over 100 patent filings across 40 families and significant US granted patents, and European counterparts.
With almost £40 million invested, including from Par Equity, LSIP, Scottish Enterprise and Old College Capital, this award-winning brand name in the LiFi space secured valuable coverage in BBC, Financial Times, The Verge, Tech Radar, Android Authority and CNET. The Company generated £10m in revenues in US and Europe between 2022 and 2024, before a shift in US and UK defence spending in 2025, and had pilot programs in place with large US Defence, Intelligence & Government customers and Telecom customers. The Company secured a £4m contract with US Army Europe for the deployment of LiFi units in real tactical and strategic environments.
With an extensive granted patent portfolio, that provides a monetization path through infringement proceedings, the patents underpin the Company's core products and cover various aspects of a LiFi system design solution/system. These patents are integral to its products and services, cited by major blue chip corporations including Signify (Philips Lighting), OPPO, Ericsson, SAP, ams OSRAM, Honeywell, Apple, Huawei, Panasonic, IBM, Fujitsu, Boeing, Cisco, Infineon, Sony, Microsoft, Nokia, Cohere Technologies, Hewlett Packard (HP), Orange, and Kyocera.
The Company secured an IPRSCORETM in June 2026, scoring well across all 5 IP asset classes, demonstrating a strong competitive moat, capable of supporting scale up, which can become a straight forward and excellent acquisition in the right hands.
- Unique Patent Portfolio: acquire a patent portfolio comprising 78 granted patents and 34 patent applications across more than 40 patent families, with extensive protection in the US, EU, UK, as well as France, Ireland, Germany, and Hong Kong, China, cited by blue chip corporations, as listed above.
- Extensive R&D, Operational & Customer databases: acquire customer and opportunity database (including customer contacts), device characterisation and test-results databases, engineering knowledge repositories, product and prototype archive database, and patent, invention disclosure and IP management databases used to manage inventions, trade secrets, patent filings, prior-art analyses, FTO, and IP review activities.
- Reputable Brand: Leverage a pioneering, award winning brand name in the LiFi space, previously with coverage in BBC and Financial Times, protected by a portfolio of 15 trademarks registered in GB, EU, US, JP, FR, SG, CN, as well as multiple European jurisdictions.
- Extensive Bank of Key Organizational Knowledge & Trade Secrets: acquire extensive and valuable data bank, including product requirements, architectures and reference designs for all products, technical specifications and system architecture, most notably product development, quality assurance and deployment know-how accumulated through ~14 years of LiFi R&D and commercialisation activities.
- Proprietary Software: acquire proprietary source code that covers, including but not limited to, manufacturing and testing software, security software, embedded product and system firmware, test and engineering software, and simulation and engineering software.
- IP Strength: acquire a well-documented, well-protected IP Portfolio with a strong IPRSCORETM, built on documented processes, including patent monitoring and patent strategy, trade secret identification, access controls, full software developer documentation, and dedicated IP ownership, meaning the diligence is already done and, in the right hands, the portfolio is ready to support immediate scale up and growth.
- Growing Market Opportunity: Capitalise on the growing Light Fidelity (LiFi) market, valued at $1.8 billion in 2025 and projected to reach $45.9 billion by 2034[1], offering significant growth potential for patent-protected technologies.
Sales Process
Deadline
Please be advised that the deadline for initial expressions of interest has been set for 3pm (GMT) on Tuesday 6th October 2026.
If you are interested in finding out more about this opportunity or would like to express interest, please email Matthew Robertson at matthew@metispartners.com or call +1 (858) 848 6911, and Stephen Robertson at stephen@metispartners.com or call +1 (858) 848 6911.
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