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Funding round

Funding round for Sparxity led by ICM HPQC Fund

Sparse-native AI and HPC chips · Germany

SourcingClub was not involved in this transaction.

The start-up Sparxity (formerly SpiNNcloud) closes a Series A round led by the ICM HPQC Fund. Lockheed Martin Ventures, GlobalFoundries, GS Futures, Cloudberry Ventures, TGFS and the EIC Fund participate; the company develops sparse-native AI and HPC systems and chips.

Sparxity

Who was involved.

Lead investor
ICM HPQC Fund
Target
Sparxity
Type
Funding round
Country
Germany
First reported
10/11/2026

Deal-Radar no. 46-062 · publicly reported, no guarantee · SourcingClub was not involved in this transaction. Report an error · Method

November 2026 on the Deal-Radar.

19 of 127 deals so far are of the type Funding round.

  1. Strategic53
  2. Add-on20
  3. Funding round19
  4. Carve-out16
  5. Insolvency8
  6. Buy-out5
  7. Minority stake3
  8. Secondary2
  9. Merger1

Venture and growth in Week 46/2026.

All deals in November 2026
  1. LiCuSpacewith IBG-Fonds Sachsen-Anhalt10/11/2026
  2. Agent Fwith Alpha Edison10/11/2026
  3. Light Framewith Fortino Ventures10/11/2026
  4. SPARETECHwith Blume Equity, Insight Partners10/11/2026

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Information from public sources, without guarantee and without claim to completeness. No investment or legal advice. Published on 11 November 2026.