News and Events
Featured
Photonic Raises $180M CAD ($130M USD)
to Accelerate Quantum Computing and Networking
Photonic Inc., a global leader in distributed quantum computing, announced today that it has raised $180M CAD ($130M USD) in the first close of its latest investment round, led by Planet First Partners, with participation from new investors Royal Bank of Canada (RBC), TELUS, and others. This significant raise underscores strong investor confidence and the company’s rapid growth. Existing investors – including BCI and Microsoft – also returned for this round, bringing the total raised by the company to $375M CAD ($271M USD).
In the News
Canada has problems: Here are the tech startups trying to tackle them that are worth watching
Publication: Financial Post
Jan 7, 2026
In the News
Royal Bank, Telus back $130-million financing by quantum developer Photonic By Sean Silcoff
Publication: The Globe and Mail
Jan 6, 2026
In the News
Photonic says it’s ready to commercialize quantum with $180-million fundraise By Madison McLauchlan
Publication: BetaKit
Jan 6, 2026
In the News
Photonic raises $180M in push for major quantum breakthroughs By Murad Hemmadi
Publication: The Logic
Jan 6, 2026
In the News
New federal initiative gives funding to local Vancouver company for quantum computing
Publication: CBC On the Coast
Dec 17, 2025
In the News
Vancouver’s Photonic Inc. selected for federal Canadian Quantum Champions Program
Publication: Vancouver Tech Journal
Dec 16, 2025
In the News
Ottawa promises up to $92 million for four Canadian quantum companies under new Champions program
Publication: Financial Post
Dec 15, 2025
In the News
Federal government funds four quantum computer developers, aiming to keep them in Canada
Publication: The Globe and Mail
Dec 14, 2025
In the News
Scalable quantum systems: Engineering modularity and connectivity By Cicely Rathmell
Publication: Laser Focus World
Dec 14, 2025