Photonic unveils the VANGUARD project aiming for a semiconductor plant in Canada
This CAD $500M project aims to accelerate innovation in AI and quantum. It will be presented at the Canadian Investment Summit.
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Distributed quantum computing systems developer
photonic.comLast updated
In short: Photonic closed a $200M+ round, named new executives, and advanced quantum computing via Microsoft and VANGUARD.
This CAD $500M project aims to accelerate innovation in AI and quantum. It will be presented at the Canadian Investment Summit.
They come from Microsoft and GCHQ, following a $200 million fundraising to accelerate commercialization.
The round brings total capital raised to over $350M and values the company at $2B.
The round, led by Planet First Partners, gives the company a $2B USD valuation and brings total capital raised to over $350M USD.
Techcouver is an online publication providing real-time reporting and analysis of emerging technology news in Vancouver and throughout British Columbia.
VANCOUVER, British Columbia, May 12, 2026 (GLOBE NEWSWIRE) -- Photonic Inc., a global leader in distributed quantum computing, today announced the final close of over...
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