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Photonic Inc

Photonic Inc

Private
VancouverFrontier & Industrial Techhttps://photonic.com/

Last Round

VC Round

May 12, 2026

Est. Valuation

$2B

Total Funding Raised

$56.7M

Momentum

Top 5%

of companies Caplight tracks

Company Overview

Photonic Inc is a quantum technology company that develops scalable, fault-tolerant quantum computing systems using silicon spin-photon architecture.

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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Caplight Momentum Score

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Photonic Inc Comparables

Compare Photonic Inc with similar companies based on industry and business-model similarity.

Photonic Inc comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Xanadu Quantum Technologies Limited
84%
PsiQuantum
82%
Oratomic
78%

Photonic Inc Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
VC RoundMay 12, 2026
GrantDec 15, 2025
Growth EquityJan 6, 2024
VC RoundNov 8, 2023

Key People

Founding team and executive leadership

Stephanie Simmons

Founder & Chief Quantum Officer

Founding Team

Don Mattrick

Chief Executive Officer, Vice Chair

Executive Team

ICD.D Kirsten Sutton

Chief Operating Officer

Executive Team

Paul Terry

Chief Product Officer

Executive Team

Photonic Inc Investors

Notable investors and investment history

Photonic Inc investors
InvestorRounds
Amadeus Capital PartnersVC Round
InBC Investment Corp.VC Round
UK governmentVC Round
Royal Bank Of CanadaVC Round
Bell VenturesVC Round
Planet First PartnersVC Round, Grant, Growth Equity
Inovia CapitalVC Round

Market signals

Structured signals derived from secondary market and firmographic data.

  • May 12, 2026

    $70M raised with participation from Firgun Ventures and Bell Ventures.

  • May 1, 2026

    Job posting reveals 'Entanglement FirstTM' architecture for quantum computers.

Recent news

Latest coverage and updates

  • invests_into_assetsSep 14, 2026

    Photonic Inc. invested into assets: semiconductor manufacturing facility in the amount of $361M in Canada, Northern America, Americas on Sep 14th '26.

  • expands_facilitiesSep 14, 2026

    Photonic Inc. expanded facilities to Canada, Northern America, Americas on Sep 14th '26.

  • is_developingAug 18, 2026

    Photonic Inc. is developing optically linked spin qubits in silicon.

  • hiresJul 7, 2026

    Photonic Inc. hired Briony Shipman as Vice President, Global Government Affairs on Jul 7th '26.

  • hiresJul 7, 2026

    Photonic Inc. hired Orlagh Neary as Chief Marketing Officer on Jul 7th '26.

Photonic Inc Filings

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Photonic Inc filings preview — column headings only; records require access
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Frequently Asked Questions

Common questions about Photonic Inc's valuation, stock price, and market status.

Is Photonic a public or private company?

Photonic is a private company.

What is the current stock price of Photonic?

Photonic is a private company with no public stock price. No recent secondary market data is available.

How much is Photonic worth (valuation)?

Photonic's valuation is estimated at $2.0B based on funding round data.

Can I buy Photonic stock?

Photonic shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Photonic's last funding round?

Photonic's most recent funding round was Early Funding on May 12, 2026.

Who are the main investors in Photonic?

Key investors in Photonic include Amadeus Capital Partners, Planet First Partners, Inovia Capital, British Columbia Investment Management Corporation, Government of Canada.

Will Photonic IPO soon?

No public IPO plans have been announced for Photonic.

How can I track Photonic secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Photonic's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersVancouver
Employee Range145
Year Founded2019
Last FundingMay 12, 2026

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