Photonic is a Silicon-Spin Qubits company founded in 2019 and based in Vancouver, Canada. It has raised $300M in total funding, most recently a Series B in 2026 at a $2B valuation.
| Date | Stage | Amount | Valuation | Lead investors |
|---|---|---|---|---|
| May 12, 2026 | Series B | $200M | $2B | Planet First Partners |
| Jan 1, 2023 | Series A | $100M | — |
| British Columbia Investment Management Corporation, Microsoft |
Quantum computing platform built on T-centre defects in silicon—atomic structures that provide up to four spin qubits with an inherent telecom-wavelength photonic interface, enabling on-chip optical interconnects and fiber-optic networking between modules. Fabricated using standard CMOS processes at existing semiconductor fabs. Designed for distributed fault-tolerant quantum computing, allowing modules to be networked for ever-increasing qubit counts without physical proximity. Backed by over $200M USD in 2025-2026 funding including Microsoft partnership.
Photonic networking layer that links Photonic's silicon-spin QPU modules via fiber optic telecom infrastructure, enabling any-to-any qubit connectivity across distributed quantum computing nodes. Removes a critical barrier to scaling beyond single-chip qubit limits by treating the quantum network as the scaling mechanism. Targets data center deployment where modules can be rack-mounted and networked cost-effectively, and underpins Photonic's long-term vision for global quantum networks and secure quantum communications.
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