Photonic provides quantum computing platforms and networking solutions aimed at enterprises, governmental bodies, and academic institutions.
photonic.comLinkedInVancouver, British ColumbiaQuantum
1 source
Valuation none read as $2B USD ($2.7B CAD) post-money valuation (photonic.com)
The release distinguishes this final close from the January first close; RBC, TELUS, BCI, and Microsoft are therefore excluded from this close’s investor list.
Published by hand (photonic.com): "Photonic Inc., a global leader in distributed quantum computing, today announced the final close of over $200M USD ($275M CAD) in investment...": biggest-rounds completeness (K): hand-checked, the cited page states over $200M USD ($275M CAD)
1 source
The release describes a first close. Its $375M CAD ($271M USD) figure is cumulative company fundraising, not this close; “and others” is not a named investor.
| Round | Amount | Announced | Lead | Buzz |
|---|---|---|---|---|
| Funding round [ HISTORY ]: An earlier round, from the company's own announcement, found while researching the company. Checked like any round, but not new, so it stays out of the daily feed and alerts; a date range shows it. | $200M $350M to date | 2026-05-12 | Planet First Partners | No recent discussion |
1 source [ VERIFIED · CORRECTED ] read against 1 source Valuation none read as $2B USD ($2.7B CAD) post-money valuation (photonic.com) The release distinguishes this final close from the January first close; RBC, TELUS, BCI, and Microsoft are therefore excluded from this close’s investor list. Published by hand (photonic.com): "Photonic Inc., a global leader in distributed quantum computing, today announced the final close of over $200M USD ($275M CAD) in investment...": biggest-rounds completeness (K): hand-checked, the cited page states over $200M USD ($275M CAD) | ||||
| First close of its latest investment round first close of its latest investment round [ HISTORY ]: An earlier round, from the company's own announcement, found while researching the company. Checked like any round, but not new, so it stays out of the daily feed and alerts; a date range shows it. | $130.7M $375M CAD ($271M USD) financing total $180M CAD ($130M USD) | 2026-01-06 | Planet First Partners | No recent discussion |
1 source [ VERIFIED · CORRECTED ] read against 1 source The release describes a first close. Its $375M CAD ($271M USD) figure is cumulative company fundraising, not this close; “and others” is not a named investor. [ BUILT WITH ]·[ SEARCH ]found by Firecrawl search·[ SCRAPE ]1 page read: globenewswire.com·[ JSON ]round read into a schema, with the sentence that states it·[ VERIFY ]correctedchecked against 1 source·[ BRANDING ]logo and colour from the homepage | ||||