The Montreal-based semiconductor company raised a $34 million Series B round led by Idealist Capital, with participation from Cycle Capital, Economic Development Canada (EDC), Real Ventures and ND Capital. It will receive another $14 million if Spark hits certain targets or “operational milestones,” which were not disclosed in the announcement. (The Logic)
In-depth, agenda-setting reporting
Great journalism delivered straight to your inbox.
At a town hall in suburban Ottawa, Justin Trudeau road-tests his pitch to the tech industry
Wealthsimple launches private credit offering with Sagard
Tax cuts dominate Quebec’s $24B spring budget
BlackBerry agrees to sell 32,000 patents for up to US$900M
Best business newsletter in Canada
Get up to speed in minutes with insights and analysis on the most important stories of the day, every weekday.
See the bigger picture with reporters and industry experts in subscriber-exclusive events.
Membership in The Logic Council
Membership provides access to our popular Slack channel, participation in subscriber surveys and invitations to exclusive events with our journalists and special guests.