Tech Company Financing Transactions

SPARQ Systems Funding Round

MaRS Investment Accelerator Fund and Ontario Centres of Excellence participated in a $11 million capital raise for SPARQ Systems. The financing round was announced by the company on 10/22/2014.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Proceeds Purpose
This funding will launch our next generation uQuad microinverter, resetting the bar for residential solar systems.

Company Information

Company Status
Private & Independent
Alternative Energy
Mailing Address
945 Princess St.
Kingston ON, K7L 0E9
Email Address
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.
SPARQ Systems LinkedIn Company Profile
Social Media
SPARQ Systems Company Twitter Account
Company News
SPARQ Systems News
SPARQ Systems on Facebook
SPARQ Systems on YouTube

Management Team

Email & Social
Chief Executive Officer
Praveen Jain
  Praveen Jain LinkedIn Profile  Praveen Jain Twitter Account  Praveen Jain News  Praveen Jain on Facebook
VP - Engineering
Majid Pahlevaninezhad
  Majid Pahlevaninezhad LinkedIn Profile  Majid Pahlevaninezhad Twitter Account  Majid Pahlevaninezhad News  Majid Pahlevaninezhad on Facebook
VP - Engineering
Shangzhi Pan
  Shangzhi Pan LinkedIn Profile  Shangzhi Pan Twitter Account  Shangzhi Pan News  Shangzhi Pan on Facebook
VP - Manufacturing
Haibo Zhang
  Haibo Zhang LinkedIn Profile  Haibo Zhang Twitter Account  Haibo Zhang News  Haibo Zhang on Facebook
VP - Operations
Pankaj Jain
  Pankaj Jain LinkedIn Profile  Pankaj Jain Twitter Account  Pankaj Jain News  Pankaj Jain on Facebook



Browse more venture capital transactions:

Prev: 10/22/2014: Spikes Security venture capital transaction
Next: 10/22/2014: Ingenious Med venture capital transaction


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We do our best to report on funding rounds that are announced publicly. All VC database entries reported here are derived from news reports and company announcements. The information comes to us via our partnership with, an affiliated venture.


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