Photonic

Photonic

Private
Coquitlam, British ColumbiaFrontier & Industrial Techhttps://www.photonic.com

Last Round

Early Funding

May 12, 2026

Est. Valuation

$2B

Total Funding Raised

$356.7M

Company Overview

Photonic is a quantum technology company that develops fault-tolerant quantum systems aimed at addressing complex computational challenges through scalable, networked quantum computing solutions for governments, academia, and various industries.

Sector

Frontier & Industrial Tech

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

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Photonic Comps

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

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Photonic Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Early FundingMay 12, 2026
GrantDec 15, 2025
Growth EquityJan 6, 2024
Early FundingNov 8, 2023

Key People

Founding team and executive leadership

ICD.D Kirsten Sutton

Chief Operating Officer

Executive Team

Paul Terry

Chief Product Officer

Executive Team

Photonic Investors

Notable investors and investment history

InvestorRounds
Amadeus Capital PartnersEarly Funding
Strategic Innovation FundGrant
InBC Investment Corp.Early Funding
UK governmentEarly Funding
Royal Bank Of CanadaEarly Funding
RBCGrant
Bell VenturesEarly Funding

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 Filings

SEC and related filings with document metadata.

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Photonic Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersCoquitlam, British Columbia
Employee Range180
Year Founded2013
Last FundingMay 12, 2026

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