0
Wireless

Spark Microsystems secures CAD 17.5 mln financing

Wednesday 17 February 2021 | 08:29 CET | News
Canada-based fabless semiconductor company Spark Microsystems said it closed a CAD 17.5 million (USD 13.8 million) equity financing to accelerate commercialisation. 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. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Export Development Canada / Spark Microsystems
Countries: Canada / World
::: add a comment
This article is part of dossier

IoT


Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Intel in talks to buy GlobalFoundries for USD 30 billion - report

Published 16 Jul 2021 09:02 CET | World
Intel is in talks to buy semiconductor maker GlobalFoundries for about USD 30 billion, the Wall Street Journal reported citing ...

Spark Microsystems appoints Spade as chief revenue officer

Published 12 May 2021 11:21 CET | World
Canada-based fabless semiconductor company Spark Microsystems appointed Tom Spade as chief revenue officer (CRO) to help drive ...

Semiconductor assn SIA says US has grown 'uncompetitive' in chips for 5G, AI

Published 12 Feb 2021 13:41 CET | United States
Semiconductor industry association SIA has written a letter to US President Joe Biden, calling on him to include "robust" funding ...

Apple is top semiconductor customer worldwide in 2020 - Gartner

Published 09 Feb 2021 16:28 CET | World
Apple remained the top buyer of semiconductor chips worldwide in 2020, accounting for 11.9 percent of the market, according to ...

Renesas buys Dialog Semiconductor for EUR 4.9 billion

Published 08 Feb 2021 10:49 CET | World
Renesas Electronics said it has agreed to buy Dialog Semiconductor for EUR 67.50 per share, for a total value of EUR 4.9 billion. ...

Evonexus partners with Arm to accelerate launch of new semiconductor startups

Published 27 Jan 2021 15:31 CET | World
EvoNexus, a California-based non-profit technology incubator for startups, said it entered a partnership with Arm to assist ...

NXP releases Wi-Fi 6E chipset for access devices

Published 19 Jan 2021 09:08 CET | World
NXP Semiconductors said it released its new CW641 Wi-Fi 6E tri-band system-on-chip (SoC). NXP's chip will make use of the 6GHz ...

Nokia holds industrial automation start-up competition with Nokia Bell Labs

Published 30 Apr 2019 14:22 CET | World
Nokia has announced a competition for start-up companies developing new industrial automation products, called the Nokia Open ...





Calendar   /   Industry Events

25 Jul Fiber Connect
27 Jul Juniper Networks Q2 2021
27 Jul KPN Q2 2021
27 Jul Telefonica Brasil Q2 2021
27 Jul TIM Q2 2021
27 Jul TIM Brasil Q2 2021
27 Jul Corning Q2
27 Jul AudioCodes Q2 2021
27 Jul A10 Networks Q2
27 Jul Alphabet Q2
27 Jul MediaTek Q2 2021
27 Jul NortonLifeLock fiscal Q1
27 Jul Microsoft fiscal Q4
27 Jul SK Hynix Q2
28 Jul Ribbon Communications Q2 2021
28 Jul Altice USA Q2
28 Jul Qualcomm fiscal Q3
28 Jul Ooredoo Q2 2021
28 Jul Extreme Networks fiscal Q4
28 Jul Facebook Q2
28 Jul Equinix Q2
28 Jul Cirrus Logic Q1
28 Jul Spotify Q2 2021
28 Jul Telefonica Deutschland Q2 2021
29 Jul Nokia Q2 2021
29 Jul Vodacom fiscal Q1
29 Jul Liberty Global Q2 2021
29 Jul Consolidated Communications Q2
29 Jul CyrusOne Q2 2021
29 Jul CoreSite Q2 2021
::: More Calendar Items