Morse Micro Announces an Additional $13 Million Funding Round to Accelerate Wi-Fi HaLow
Nov 24, 2020•almost 5 years ago
Amount Raised
$13 Million
Description
Morse Micro, the Australian start-up reinventing Wi-Fi for the Internet of Things (IoT), has secured $13 million (AU $18) 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 $30 million (AU $42). 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 innovative wireless solutions.
Funding Insights
Based on industry dataTech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech