Latest Photonic Inc. News & Updates

See the latest news and media coverage for Photonic. We track all announcements, press releases, and industry mentions in real time, all in one place.

Photonic Inc. (Photonic)

Distributed quantum computing systems developer

photonic.com

Headquarters: Coquitlam, Canada
Founded year: 2016
Company type: Private company
Number of employees: 175–200
Industry: Software

Last updated Today

Latest news about Photonic Inc. (Photonic)

In short: Photonic achieved a $2B valuation and accelerated its commercialization of distributed quantum computing through over $350M in funding.

Company announcements

July 7 Photonic

Photonic appoints Orlagh Neary and Briony Shipman to leadership positions

They come from Microsoft and GCHQ, following a $200 million fundraising to accelerate commercialization.

May 29 Photonic

Photonic closes over $200M funding round

The round brings total capital raised to over $350M and values the company at $2B.

May 12 Photonic

Photonic Inc. closes over $200M USD investment round

The round, led by Planet First Partners, gives the company a $2B USD valuation and brings total capital raised to over $350M USD.

April 30 Photonic

Photonic receives 2026 iF Design Award

The award recognizes the industrial design of their quantum computer product line, developed with Design3 GmbH. It highlights integration of design, engineering, and functionality for scalable systems.

Media coverage

July 16 Financial Post

Quantum unicorn Photonic has secured Canada's biggest investors — now, it needs customers

Coquitlam, B.C.-based quantum computing startup Photonic Inc. has convinced some of Canada’s biggest institutional investors ...

May 13 Yahoo Finance

Tower Semiconductor (NasdaqGS:TSEM) Valuation Check After Strong Results And US$1.3b Silicon Photonics Contracts

Tower Semiconductor (TSEM) is back in focus after reporting stronger than expected first quarter...

May 12 The Globe and Mail

Photonic raises $200-million, becoming latest Canadian quantum developer to reach multibillion-dollar valuation

The burgeoning quantum computing space has proven to be the outlier. The deal was led by British climate technology financier Planet First Partners and backed...

May 12 MSN

Quantum Computing revenue surges as Fab 2 plans advance

Record revenue jump: QUBT's Q1 2026 revenue soared to $3.7M from $39,000 a year earlier, driven by acquisitions of Luminar Semiconductor and NuCrypt. Fab 2...

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