Australian start-up Morse Micro has secured USD 13 million (AUD 18 million) in additional funding. New and existing investors, including Blackbird Ventures, Main Sequence Ventures, Clean Energy Innovation Fund, Skip Capital, and Ray Stata participated in the funding, taking the total Series A funding round to USD 30 million.
This additional investment enables Morse Micro to expand its product and technology development teams, both in Sydney and internationally. It will also allow the company to expand into emerging applications and continue developing its wireless products.
Morse Micro is a semiconductor company and creator of the Wi-Fi HaLow chip, a low-power, long-range Wi-Fi chip specifically designed for IoT environments. Its team includes some of inventors of Wi-Fi and designers of the world's first Wi-Fi chipset, including Michael De Nil, Andrew Terry and Neil Weste. The company is headquartered in Australia and has offices in China and the US.
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