Based in beautiful Vancouver, Canada, Photonic is at the forefront of designing next-generation quantum technologies in silicon. Photonic's breakthrough results with silicon have upended many conventional assumptions in quantum computing. With record-setting qubit performance, telecom networking, and silicon’s manufacturing scale, Photonic’s silicon spin qubits materialize solutions for previously intractable problems –and unlock solutions for tomorrow’s problem sets
Location: Canada, British Columbia, Burnaby
Employees: 51-200
Total raised: $100M
Founded date: 2016
Investors 1
| Date | Name | Website |
| 18.11.2023 | Amadeus Ca... | amadeuscap... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 08.11.2023 | - | $100M | - |
Mentions in press and media 10
| Date | Title | Description |
| 16.10.2024 | Photonic Startup Lightmatter Raises $400M Amid Data Center Frenzy; Hits $4.4B Valuation | 3 Shares Email Facebook Twitter LinkedIn Lightmatter, a startup that uses light to link chips together and to do calculations for the deep learning necessary for AI, locked up a $400 million Series D led by new investor T. Rowe Price at a $... |
| 16.10.2024 | Lightmatter: Photonic Supercomputing Company Raises $400 Million (Series D) At $4.4 Billion Valuation | Lightmatter (see Pulse 2.0 profile here), a leader in photonic supercomputing, announced today that it has raised a $400 million Series D. This company valuation at $4.4 billion brings the total capital raised to $850 million. This funding ... |
| 16.10.2024 | Photonic startup Lightmatter raises $400 million amid AI datacenter boom, eyes IPO next | -Lightmatter, a Mountain View, California-headquartered startup building photonic tech in datacenter networking chips, said on Wednesday it has raised $400 million in a Series D funding round at a valuation of $4.4 billion. New investor T. ... |
| 08.11.2023 | Quantum startup Photonic raises $137 million CAD, strikes strategic partnership with Microsoft | - |
| 08.11.2023 | Photonic Raises $100M in Funding | Photonic Inc., a Vancouver, BC, Canada-based company building s scalable, fault-tolerant, and unified quantum computing and networking platform based on photonically linked silicon spin qubits, raised an investment round of $100M USD. Backe... |
| 10.08.2022 | Vancouver tech layoffs, talent, and hiring companies | As the innovation economy comes under pressure, a number of local tech companies have been forced to lay off employees. Here we’re sharing details on who has let go of staff, how to reach newly-available tech talent, and which companies are... |
| 09.06.2022 | Scoop: Former LifeSciences BC chief Dr. Lesley Esford has joined SFU VentureLabs as executive director | Dr. Lesley Esford SFU VentureLabs, the Vancouver-based incubator, has quietly hired Dr. Lesley Esford to be its new executive director. She replaced Virginia Balcom, who had been in the role since August of 2019. While no formal announcemen... |
| 17.08.2021 | Radar: Banking exec shares 6 Vancouver tech companies to watch | Although I write about innovation every day, it’s not possible for me to know absolutely everything about BC’s 10,000-plus tech companies. Because of that, I love it when readers tip me off to companies I should check out—especially when th... |
| - | Facilitating adoption of programmable photonic chips lands €3.7 million for iPronics | Emerging technology trends in autonomous vehicles and LIDAR, 5G signal processing, deep learning and AI, cyber security, DNA sequencing, and drug discovery require much faster, more flexible, power-efficient computation. Although advanced e... |
| - | Photonic | “We are building a new world through scalable, fault-tolerant quantum technologies.” |