Morse Micro PTY. LTD. announced that it has received AUD 140,000,000 in its first tranche led by new investor, MegaChips Corporation on September 6, 2022. The transaction includes participation from existing investors, Blackbird Ventures Pty.

Ltd., CSIRO Financial Services Pty. Ltd., Clean Energy Finance Corporation, Skip Capital Pty. Ltd., Uniseed Pty Limited and SpringCapital Investment, and individual investors, Malcolm Turnbull and Lucy Turnbull, and other investors.