Corporate / CVC · 2 deals

MegaChips

Japanese fabless semiconductor supplier

Disclosed deals

Every published round MegaChips took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.

Company	Stage	Announced	Amount	Role	Alongside	Sources
Morse Micro	Series C	Sep 2025	$88m	Lead	NRF Corporation Uniseed Blackbird Ventures Main Sequence Ventures Hostplus NGS UniSuper National Reconstruction Fund Corporation Ray Stata Startmate Malcolm Turnbull Lucy Turnbull	smallbizai.au, Startup Daily (23 Dec 2025), SmartCompany (23 Dec 2025), Forbes Australia (12 Nov 2025), Startup Daily (29 Oct 2025), Startup Daily (14 Oct 2025), Startup Daily (27 Sep 2025), SmartCompany (26 Sep 2025), Startup Daily (23 Sep 2025), Forbes Australia (23 Sep 2025), morsemicro.com, Forbes Australia (23 Sep 2025), semiiphub.com, SmartCompany (23 Sep 2025), builtinsydney.au, Blackbird Ventures portfolio, Main Sequence Ventures portfolio
Morse Micro	Series B	9 Sep 2022	$140m	Lead	MegaChips Corporation Blackbird Ventures Main Sequence Ventures Clean Energy Finance Corporation Skip Capital Uniseed Lucy SpringCapital Malcolm Turnbull Lucy Turnbull	Startup Daily (27 Sep 2025), SmartCompany (26 Sep 2025), Startup Daily (23 Sep 2025), SmartCompany (23 Sep 2025), Techboard, SmartCompany (15 Dec 2022), SmartCompany (1 Dec 2022), Startup Daily (28 Nov 2022), SmartCompany (6 Oct 2022), Startup Daily (3 Oct 2022), SmartCompany (9 Sep 2022), Startup Daily (7 Sep 2022), Startup Daily (7 Sep 2022)

Portfolio

Companies MegaChips has backed in a published round, and companies whose existing shares it bought off another holder.

Company	What it does	First invested	Rounds	Led
Morse Micro	Hardware/Robotics/IoT company	9 Sep 2022, Series B	2	2

Funds

Fund closes reported for MegaChips, as distinct from the investments it has made.

Fund	Announced	Committed	Target	Close	Sources
No fund closes recorded for MegaChips yet.

Portfolio companies acquired

Companies MegaChips has backed that another company then bought. An exit for the holding, not a deal MegaChips did.

Company	Bought by	Kind	Announced	Price
No portfolio company of MegaChips is recorded as having been acquired.

Name	Role	Sources
Tetsuo Hikawa	President and CEO	Forbes Australia (23 Sep 2025), morsemicro.com, Forbes Australia (23 Sep 2025), semiiphub.com

Coverage

Stories naming MegaChips. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

3 deals

Morse Micro raises $88 million for long-range Wi-Fi chips

Sydney chipmaker Morse Micro has banked an $88 million Series C led by Japan's MegaChips, with the national reconstruction fund and several existing backers also participating; funds will drive growth and future chip development.

SmartCompany 23 Sep 2025 Morse Micro Broadcom Myriota Polyactiva Vault Cloud Blackbird Ventures Hostplus Main Sequence Ventures MegaChips National Reconstruction Fund Corporation NGS UniSuper Lucy Turnbull Malcolm Turnbull Andrew Terry David Gall Michael De Nil

Also Startup Daily·builtinsydney.au·semiiphub.com·Forbes Australia·morsemicro.com·Forbes Australia·SmartCompany·Startup Daily·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Forbes Australia·smallbizai.au

32 deals

FUNDED September 2022 Including September Q Review

Techboard's September 2022 roundup reports Australian raises led by Morse Micro's $140m Series B, several acquisitions including ResApp Health to Pfizer, fund closes by Telstra Ventures, OIF and Main Sequence, and open raises.

Also @AuManufacturing·SmartCompany·SmartCompany

3 deals

Morse Micro tops up Series B with another $30 million from super funds

Wi-Fi HaLow chip maker Morse Micro raised a further $30 million for its Series B from Australian superannuation funds, lifting the round to $170 million; its earlier seed and Series A raises are also recapped.

Also SmartCompany·Techboard·Startup Daily·SmartCompany·Startup Daily

9 deals

Ignition Lane's Great Big Wrap: VCs court cash, an M&A bash & Canva makes a splash

Ignition Lane's weekly tech roundup covering fresh Australian startup raises, new venture funds and closes, a wave of acquisitions, delistings and a liquidation, executive moves, and Canva's product launch.

Also Techboard·Startup Daily

Series B $140m

Morse Micro chips into huge $140 million series B

Wi-Fi chip startup Morse Micro has raised a $140 million Series B led by Japan's MegaChips with $100 million, with Blackbird and Main Sequence also investing, to secure manufacturing and grow in Japan.

Startup Daily 7 Sep 2022 Morse Micro Apple Clean Energy Finance Corporation CSIRO NSW Government Blackbird Ventures Main Sequence Ventures MegaChips Andrew Terry Michael De Nil Professor Neil Weste

Also Startup Daily·SmartCompany·Startup Daily·SmartCompany·Startup Daily·SmartCompany·SmartCompany·Techboard·SmartCompany·Startup Daily·SmartCompany·Startup Daily

Something wrong? Tell us