Tech Company Financing Transactions
SPARQ Systems Funding Round
On 10/26/2013, SPARQ Systems raised $2.8 million in funding from Mars and Ontario Venture Capital Fund.
Transaction Overview
Company Name
Announced On
10/26/2013
Transaction Type
Venture Equity
Amount
$2,750,000
Round
Undisclosed
Investors
Mars (Lead Investor) (Murray McCaig)
Proceeds Purpose
With our recent financing, we have strengthened our management team and are commercializing our next generation microinverter -- a product we believe will reset the industry standard for cost, reliability, performance, ease of installation and advanced grid functions.
Company Information
Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
945 Princess St.
Kingston ON, K7L 0E9
Canada
Kingston ON, K7L 0E9
Canada
Phone
Website
Email Address
Overview
SPARQ Systems Inc. is the Canadian leader in developing advanced photovoltaic (PV) microinverter products and systems.SPARQ has designed the next generation of smart grid enabled photovoltaic micro-inverter technology, enabling access to the rapidly growing distributed solar market.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Praveen Jain
VP - Engineering
Majid Pahlevaninezhad
VP - Engineering
Shangzhi Pan
VP - Manufacturing
Haibo Zhang
VP - Operations
Pankaj Jain
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