SPARK Microsystems secures CAD $17 million in Series B follow-on financing, co-led by Idealist Capital and Real Ventures to enhance LE-UWB™ wireless technology for IoT applications.
Amount Raised
C$17 Million
Round Type
Series B
MontrealManufacturingInvestors
Description
SPARK Microsystems has closed a CAD $17 million Series B follow-on financing co-led by Idealist Capital and Real Ventures. This investment will accelerate the company's commercialization of LE-UWB™ technology, responding to increasing customer demand. The funding supports SPARK's growth in industrial, consumer, and Physical AI applications. CEO Fares Mubarak emphasized the need for advanced wireless solutions that outclass existing technologies.
Quick answer
Spark Microsystems raised C$17 Million in a Series B round, dated March 23, 2026. Investors: Cycle Capital, ND Capital, Edc, Idealist Capital and Real Ventures. Spark Microsystems is based in Montreal, Quebec, Canada.
- How much did Spark Microsystems raise?
- Spark Microsystems raised C$17 Million in a Series B round on March 23, 2026.
- Who invested in Spark Microsystems?
- Cycle Capital, ND Capital, Edc, Idealist Capital and Real Ventures are named as investors in this round.
- What does Spark Microsystems do?
- SPARK Microsystems offers a unique and innovative wireless transceiver technology that achieves an order of magnitude better energy efficiency and latency than BLE or ZigBee and supports faster data rates.
- Where is Spark Microsystems based and how big is it?
- Spark Microsystems is based in Montreal, Quebec, Canada. Fundz records about 80 employees.
- Who are the decision-makers at Spark Microsystems?
- Fundz holds 2 contacts at Spark Microsystems, including the VP Business Development and Sales. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Manufacturing around the same time
Companies in the same sectors as Spark Microsystems that raised within 45 days of this round, from Fundz verified event records.
- Lucid Group raised $550M (Series C) on May 1, 2026.
- Lucid Group raised $1.1B (Post-IPO Equity) on April 15, 2026.
- Evolution Metals & Technologies raised $20M on May 7, 2026.
- CMBlu raised $59M (Series C) on May 7, 2026.
- Skydio raised $110M (Series F) on May 7, 2026.
- Western CAM raised $2.2M (Seed) on May 7, 2026.
Who to call at Spark Microsystems, and when
A new round usually means Spark Microsystems is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Spark Microsystems raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Spark Microsystems, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Spark Microsystems. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Spark Microsystems raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Funding Insights
What this usually meansSpark Microsystems raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.