Photonic Raises $180M CAD to Accelerate Quantum Computing and Networking

Photonic is kicking off 2026 with a major milestone: a $180M CAD ($130M USD) first close of its latest funding round, bringing total capital raised to $375M CAD ($271M USD). The round includes new strategic investors Planet First Partners, RBC, and TELUS, alongside continued support from existing partners such as BCI and Microsoft. This significant raise underscores strong confidence in Photonic’s Entanglement First™ architecture, which combines silicon-based qubits with native photonic connectivity to enable scalable, distributed quantum systems over existing telecom infrastructure. With this funding, Photonic will accelerate product milestones toward commercialization, expand its team, and deepen collaboration with customers and partners across industries poised for quantum transformation.