NEWCaplight raises a $16M Series A, led by BlackRock and Fin Capital →
Skip to main content
Caplight Logo









Photonic Inc

Photonic Inc

Private
VancouverTelecommunications & Networkinghttps://photonic.com/

Last Round

VC Round

May 12, 2026

Est. Valuation

$2B

Total Funding Raised

$56.7M

Momentum

Top 1%

of companies Caplight tracks

Company Overview

Photonic Inc is a quantum technology company that develops scalable, fault-tolerant quantum computing systems using silicon spin-photon architecture.

Sector

Telecommunications & Networking

Verticals

Quantum Computing, Semiconductors, Network Equipment, Defense Tech, Drug Discovery

Business Model

B2B

Customer Profile

Government Contracts, Usage-Based SaaS, Services & Consulting

AI Layer

Non-AI

Keywords

photonic quantum computingquantum networkingsilicon spin qubitsfault-tolerant quantum computingdistributed quantum computingquantum computingquantum error correctionquantum hardwarespin-photon interfaceQuantum-as-a-ServiceQaaSquantum techsilicon quantum computingtelecom integration

Historical Pricing

Historical view of private secondary pricing and transaction trends.

Unlock Pricing Charts

Sign up to view complete historical pricing and secondary transactions.

Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

View Momentum History

Track how buyer interest and sentiment changes over time.

Photonic Inc Comps

Public and private peers based on sector, stage, and business model.

Photonic Inc comps — public and private peers by sector, stage, and business model
CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

View Full Comps Set

Access detailed peer comparisons, multiples, and valuation benchmarks.

Photonic Inc Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
VC RoundMay 12, 2026
GrantDec 15, 2025
Growth EquityJan 6, 2024
VC RoundNov 8, 2023

Key People

Founding team and executive leadership

Stephanie Simmons

Founder & Chief Quantum Officer

Founding Team

Don Mattrick

Chief Executive Officer, Vice Chair

Executive Team

ICD.D Kirsten Sutton

Chief Operating Officer

Executive Team

Paul Terry

Chief Product Officer

Executive Team

Photonic Inc Investors

Notable investors and investment history

Photonic Inc investors
InvestorRounds
Amadeus Capital PartnersVC Round
InBC Investment Corp.VC Round
UK governmentVC Round
Royal Bank Of CanadaVC Round
RBCGrant
Bell VenturesVC Round
Planet First PartnersVC Round, Grant, Growth Equity

Market signals

Structured signals derived from secondary market and firmographic data.

  • May 12, 2026

    $70M raised with participation from Firgun Ventures and Bell Ventures.

  • Apr 30, 2026

    Photonic is developing a family of large-scale, fault-tolerant quantum computers based on optically-linked silicon spin qubits.

Photonic Inc Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation

Photonic Inc Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Photonic Inc's valuation, stock price, and market status.

Firmographic Details

HeadquartersVancouver
Employee Range196
Year Founded2019
Last FundingMay 12, 2026

Institutional Data Access

Join leading institutional investors using Caplight to access private market data, discover pricing, and execute secondary block trades.

Requires verified institutional or accredited status.