Paris-based developer of FPGA-based, ultra-low latency market data and trading solutions for financial firms.
NovaSparks develops FPGA-based, ultra-low latency trading solutions, mainly the NovaTick ticker plant that processes market data from 75 feeds, for hedge funds, proprietary trading firms and institutional investors. Founded in 2008 and headquartered in Paris, France, the company saw Peninsular Capital and management acquire a 51% majority stake from Partech Partners in July 2020. Luc Burgun is CEO. Its latest Series C round raised EUR 1.085 mn, and it reported 2018 revenue of EUR 3,762,018.70.
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