NovaSparks
Latest round
- Series C
Last raised
- Feb 2015
Total raised
- $7.1M
Investors
- 4
About NovaSparks
Founded in 2008 and headquartered in Paris, France, NovaSparks SA specializes in providing high-performance trading solutions through its flagship product, NovaTick™. The company underwent a significant change in ownership when, in July 2020, Peninsular Capital, along with the management, acquired a 51% majority stake from Partech Partners. Luc Burgun serves as the CEO.NovaSparks specializes in high-performance, ultra-low latency trading solutions for financial markets, primarily through its flagship product, NovaTick™. This FPGA-based Ticker Plant product processes and normalizes market data from 75 feeds across major trading venues in North America, Europe, and Asia, offering sub-microsecond processing latency. The company delivers its solutions in scalable, easy-to-deploy appliances or tightly coupled PCIe cards that enhance trading efficiency and performance.20. The company generates revenue through a business-to-business model, providing its FPGA-based trading solutions under various pricing structures, including direct sales and subscription-based access to its advanced trading technologies. Clients typically enter into agreements for the purchase of NovaTick™ products, which may include ongoing support and upgrades, facilitating a relationship that allows for continuous improvement of trading performance.Looking ahead, NovaSparks is focused on expanding its product offerings and market reach. Additionally, the company plans to enter new geographic regions to broaden its client base.
Who invested in NovaSparks
4 investors across 4 rounds
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Questions about NovaSparks
Who invested in NovaSparks?
NovaSparks has 4 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has NovaSparks raised?
NovaSparks has raised 4 venture rounds. Sign up free to see how much each round raised and the total.
When did NovaSparks last raise money?
NovaSparks's most recent round on record is a Series C, in Feb 2015.
What does NovaSparks do?
Founded in 2008 and headquartered in Paris, France, NovaSparks SA specializes in providing high-performance trading solutions through its flagship product, NovaTick™.
Where is NovaSparks headquartered?
NovaSparks is headquartered in Paris, France.
Which VCs invest in companies like NovaSparks?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Highland Europe and Marktlink Capital back hardware companies at NovaSparks's stage. Their profiles are linked below.
VCs backing hardware startups at Series C
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