Sydney-based fabless semiconductor company Morse Micro is ushering in a new era of Wi-Fi HaLow technology, using $140 million in Series B funding to revolutionize Australia’s digital future I plan to wake you up.
MegaChips Corporation, a leading Japan-based ASIC and SoC services company, led the funding round, with participation from existing investors. blackbird ventures, main sequence ventures, Clean Energy Finance Co., Ltd., skip capital, Uniseed, spring capitalMalcolm and Lucy Turnbull, etc.
The funds raised will be used to accelerate the time-to-market strategy for existing Wi-Fi HaLow chips and modules, while focusing on designing new solutions to meet the scale and demand for Morse Micro’s Wi-Fi HaLow technology. will be used.
morse micro Claim The company’s Wi-Fi HaLow is “the first Wi-Fi standard tailored to meet the needs of the IoT, making it an excellent alternative to traditional Wi-Fi and many other wireless technologies. ”.
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Founded in 2016, Morse Micro was founded by Wi-Fi pioneers and innovators Michael De Nil and Andrew Terry, joined by original Wi-Fi inventor Professor Neil Weste and a wireless industry veteran. Their team has designed Wi-Fi chips for billions of smartphones.
Morse Micro co-founder and CEO Michael De Nil says the company is currently at an “exciting inflection point.”
“With MegaChips’ financial backing and robust manufacturing and sales support, Morse Micro has achieved its goal of revolutionizing IoT connectivity by expanding its portfolio of Wi-Fi HaLow SoCs, modules, software and development tools. I am ready to.”
“MegaChips shares our vision to revolutionize connectivity and build lasting Wi-Fi HaLow solutions for the future. We are grateful for the support we have received from all of our investors, partnering with them as we take our next step.”
Tetsuo Hikawa, president and CEO of MegaChips Group, said Morse Micro’s leadership has already made a “massive impact” on the Wi-Fi industry.
“MegaChips has strategic partnerships and partnerships with promising start-ups like Morse Micro, which have innovative ideas and cutting-edge applications and are expanding their business in areas such as industrial IoT, wireless communications and energy control. We are looking for investments.”
A multi-million dollar investment A strategic business partnership between Morse Micro and MegaChips will see the two companies engage in joint sales and promotional activities to grow the market for Wi-Fi HaLow solutions.
In addition to manufacturing Morse Micro’s IEEE 802.11ah compliant semiconductors and modules, MegaChips will provide expanded sales support and new distribution channels throughout the region.