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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 operates in Frontier & Industrial Tech and is based in Vancouver. Its latest recorded funding round was a VC Round in May 2026.

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, Computing Hardware, Semiconductors, Defense Tech

Business Model

B2B

Customer Profile

Government Contracts, Usage-Based SaaS, Services & Consulting

AI Layer

Non-AI

Historical Pricing

Historical view of private secondary pricing and transaction trends.

Pricing history

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

Momentum history

Caplight clients track how buyer interest and sentiment change over time.

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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%
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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
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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

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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
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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.

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Recent news

Latest coverage and updates

  • attends_eventOct 30, 2026

    Photonic Inc. attends BC Tech's 2026 Technology Impact Awards as a winner at Parq Vancouver in Canada on Oct 30th '26.

  • has_valuationOct 28, 2026

    Photonic Inc. has reached a $2B valuation on a distributed spin-photon architecture.

  • expands_facilitiesSep 14, 2026

    Photonic Inc. proposes to establish Project VANGUARD, a multi-tenant semiconductor manufacturing facility in Canada, with estimated investment of up to $500 million CAD.

  • 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.

  • is_developingAug 18, 2026

    Photonic Inc. is developing optically linked spin qubits in silicon, highlighting the role of integrated photonics in non-photonic qubit platforms.

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Photonic Inc Filings

Explore SEC and related filing metadata, where available.

Photonic Inc filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

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

Is Photonic Inc a public or private company?

Photonic Inc is a private company.

What is the current stock price of Photonic Inc?

Photonic Inc is a private company, so its shares have no public market price. Caplight tracks Photonic Inc's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.

How much is Photonic Inc worth (valuation)?

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

Can I buy Photonic Inc stock?

Photonic Inc shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.

When was Photonic Inc's last funding round?

Photonic Inc's most recent funding round was VC Round on May 12, 2026.

Who are the main investors in Photonic Inc?

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

Will Photonic Inc IPO soon?

No public IPO plans have been announced for Photonic Inc.

How can I track Photonic Inc secondary market activity?

Caplight tracks bids, offers, and trades in Photonic Inc's shares on secondary markets.

Firmographic Details

HeadquartersVancouver
Employee Range150
Year Founded2019
Last FundingMay 12, 2026

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