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The Venture Codex

To Be

Vico Carlo Alberto 22, Latina, LT, 04100, Italy

Overview

To Be develops LiFi Zone, a cloud‑based platform combining LED luminaires with a LiFi modulator and a companion app to deliver data and precise indoor navigation via light. The company has deployed more than 200 active LiFi points across museums, hospitals, schools and offices, including installations in Pompeii, ASL Napoli 2 Nord and the Istituto Comprensivo Rosetta Rossi. LiFi Zone provides centimetre‑level indoor positioning and can act as a wireless connectivity layer with strong applicability for accessibility, cybersecurity‑sensitive environments and energy efficiency. To Be plans to use recent funding primarily to hire international talent, accelerate technical development of LiFi Zone, expand revenue‑generating services and add new features with attention to users with disabilities. Commercial plans include scaling sales across direct and indirect channels, building strategic partnerships with telco players, system integrators and design firms, and beginning entry into selected European markets; a larger international scaleup round is planned within 24 months. Financially, the company has completed a Mamacrowd crowdfunding raising of €900k, previously closed a €75k pre‑seed from Magic Spectrum and has received roughly €266k in non‑repayable public grants.

Total raised
$1M
Funding rounds
1
Latest round
Equity
Latest activity
Jan 2024

Industries

  • Internet of Things
  • Optical Communication
  • Wireless
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Recent funding

  1. Equity

    Jan 2024

    $1M

Team

  • Francesco Paolo Russo

    Founder & CEO

    LinkedIn
  • Raniero Pani

    Co-Founder & CTO