# Photonic

> Distributed quantum-computing developer combining silicon-based qubits with optical networking.

## Why it is interesting

Its May 2026 final close exceeded $200 million, bringing growth investors, banks, telecom companies and public-backed investment institutions into the same round.

## Profile

- **Latest funding:** Investment round final close; includes January first close — More than US$200M / C$275M; one financing (May 12, 2026)
- **Latest known valuation:** US$2B post-money / C$2.7B (May 12, 2026)
- **Total disclosed equity funding:** $200M
- **Stage:** growth
- **Status:** private
- **Industries:** quantum-computing
- **Coverage:** full
- **Last updated:** 2026-10-26
- **Latest funding investors:** Planet First Partners, Business Development Bank of Canada, Export Development Canada, Bell Ventures, Firgun Ventures, InBC Investment Corp., Mubadala Capital, Royal Bank of Canada, TELUS, British Columbia Investment Management Corporation, Microsoft

## Funding history

- Investment round final close; includes January first close · More than US$200M / C$275M; one financing · May 12, 2026
  Source: https://photonic.com/news/photonic-inc-closes-investment-round-with-over-200m-usd-275m-cad/

## Investors in our directory

- https://venturecapitaltracker.com/fund/firgun-ventures

## Related articles

- https://venturecapitaltracker.com/2026-quantum-computing-funding-landscape-investors-startups
- https://venturecapitaltracker.com/quantum-computing-investors-funds-and-portfolio-companies

**By:** [Venture Capital Tracker](https://venturecapitaltracker.com/editorial-policy)
**Last updated:** October 26, 2026

**Editorial note:** AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.

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Source: https://venturecapitaltracker.com/startup/photonic