Morse Micro, an Australian startup developing Wi-Fi chips for the internet of things (IoT) has secured an additional $13 million in funding to expand into emerging applications and to develop new devices.
Morse Micro’s Wi-Fi HaLow chip is a long-range, low power Wi-Fi semiconductor designed specifically for the IoT.
The new funding brings Morse Micro’s total funding to $30 million and will be used to expand its product and technology development teams in Australia and worldwide. Investors in this round of funding include Blackbird Ventures, Main Sequence Ventures, Clean Energy Innovation Fund, Skip Capital and Ray Stata.
The company said it plans to expand from just supplying IoT devices with long-range Wi-Fi to also changing how the wireless connectivity operates in computers and laptops and other devices that use the technology.