SPARK Microsystems announced it has closed a C$17 million Series B follow-on financing round to accelerate commercialization of its next-generation wireless technology. The round was co-led by Idealist Capital and Real Ventures, with participation from Cycle Capital, ND Capital, and EDC.
The company develops ultra-low-power, short-range wireless communication solutions designed for intelligent edge devices and emerging Physical AI applications. Its proprietary LE-UWB technology is positioned as an alternative to traditional wireless standards, offering improvements in power efficiency, latency, throughput, and reliability in complex radio environments.
The funding will support SPARK’s expansion as demand increases for wireless solutions capable of supporting advanced applications such as AI wearables, AR and VR headsets, gaming peripherals, industrial sensors, autonomous robots, smart building systems, and medical devices. These applications require connectivity that can operate efficiently under strict power constraints while delivering real-time performance.
SPARK’s technology aims to address limitations in legacy wireless platforms like Bluetooth and Wi-Fi by delivering higher performance in interference-heavy environments. The company is focusing on scaling customer engagements, strengthening its commercial channels, and driving deployments in markets where performance and efficiency are critical.
The company believes its technology has broad implications across both industrial and consumer sectors, enabling new use cases in IoT and Physical AI systems. By improving wireless performance at low power levels, SPARK aims to support the next generation of connected devices while reducing reliance on wired connections and minimizing battery usage.
KEY QUOTES:
“This follow-on financing affirms and accelerates SPARK’s ability to deliver LE-UWB to market innovators limited by legacy wireless platforms. Customers coming to market with intelligent devices in real-time, power-constrained and interference-heavy environments need wireless connectivity that surpasses Bluetooth and Wi-Fi performance. SPARK LE-UWB gives these customers a decisive competitive advantage.”
Fares Mubarak, CEO, SPARK Microsystems
“As we expand SPARK’s commercial presence, we see soaring demand across wearables, gaming peripherals, industrial automation, smart buildings, medical devices and beyond. This funding equips us to scale customer engagements, strengthen channel initiatives and lead deployments in markets where performance, power efficiency and reliability are critical.”
Dhiraj Sogani, Chief Commercial Officer, SPARK Microsystems
“SPARK’s LE-UWB technology overcomes a longstanding barrier in device innovation by providing AI-caliber wireless performance at ultra-low power and ultra-low latency. The implications of SPARK’s technology are far reaching for the wireless ecosystem, unlocking new applications across multiple end markets spanning industrial and consumer domains.”
Steeve Robitaille, Co-Managing Partner, Idealist Capital
