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SPARK Microsystems Announces CDN$17.5 Million Financing Montreal, Canada, February 16, 2021 – SPARK Microsystems, a fabless semiconductor company leading the way in ultra-low power, ultra-low latency wireless communications, announces the closing of a CDN$17.5 million equity financing to accelerate commercialization. Led by Cycle Capital, the round included new investors ND Capital (a Silicon Valley and Europe-based venture capital firm dedicated to disruptive technologies) and Export Development Canada, as well as existing investor Real Ventures and private investors. Proceeds will be used to fund high-volume manufacturing, sales ramp and expanded R&D for next generation products. Industry veterans Dr. Sanjay K. Jha and Dr. Paul Jacobs reinvest in SPARK Microsystems

United statesUnited kingdomPaul jacobsPaule jacobsFrederic nabkiAmit srivastavaSanjayk jhaSanjay jhaUs national academy of engineeringDevelopment canadaUniversity of strathclydeAmerican academy of artsBerkeley jacobs institute for design innovationNational academy of engineeringMotorola mobility incGlobalfoundries inc