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Photonic

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Scalable, distributed quantum computing and networking systems using photonically linked silicon spin qubits for advanced computational tasks

Burnaby, CanadaFounded 2016Semiconductors
Valuation $1–2.5B Last recorded · 2026
Headcount 100–500 Current team size
Total funding $100–500M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Photonic and the history behind them.

About Photonic

Photonic Inc is at the forefront of quantum computing innovation, specializing in the development of next-generation quantum technologies using silicon. The company has achieved breakthrough results that challenge conventional assumptions in the field, particularly with silicon spin qubits. These advancements have led to record-setting qubit performance, enhanced telecom networking capabilities, and scalable manufacturing processes. Photonic Inc serves a diverse range of clients, including academic institutions, research organizations, and technology companies that are developing applications for quantum computing. Operating in the rapidly evolving quantum computing market, Photonic Inc employs a business model centered around the creation and licensing of quantum intellectual property, as well as the sale of quantum computing hardware and software solutions. The company generates revenue through these channels, leveraging its cutting-edge technology to provide solutions for previously intractable problems.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2016
Headquarters
Burnaby, Canada
Employees
192
Open positions
8
Dealroom signal
84.3/100
Sector
Semiconductors, Quantum Computing, Spinout, Verified Unicorns and $1B Exits, Semiconductor Designers and Manufacturers, Quantum Computers and Processors, Quantum Photonic Chips and Processors, Photonics Tech, Silicon Photonics, Woman Founder
Technology
Hardware, Deep Tech, Quantum Technologies
Business model
Manufacturing
Client focus
b2b

Funding history

6 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VCOther financing Jan 2026 $202M $2B Royal Bank of Canada · Export Development Canada · BCI Finance · Mubadala Capital ↗
GRANTOther financing Dec 2025 $17M — Undisclosed ↗
Showing the latest 2 of 6 recorded eventsBook a demo for the full funding history →

Growth signals

Photonic website traffic

Latest recorded traffic for Photonic is 24K monthly website visits, up 14.3% over the last three months. Photonic's team grew 7.9% over the past year.

Latest monthly visits24K 3-month web change+14.3% 1-year team growth+7.9%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

16 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • Canadian Department of National Defence

Series B and later14 investors entered at this stage

Other known investors1 additional known investor

  • Simon Fraser University
Team profiled 10 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 6 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
9 countries with
team presence
🇨🇦 Canada80.9%
🇺🇸 United States11%
🇬🇧 United Kingdom2.9%
🇩🇪 Germany1.5%
🇮🇳 India0.7%
Top 5 of 9 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Photonic on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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