Photonic Raises $180M CAD ($130M USD) to Accelerate Quantum Computing and Networking [Canadian Business Journal (Canada)]
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Source: Canadian Business Journal
VANCOUVER, British Columbia, Jan. 06, 2026 (GLOBE NEWSWIRE) —Photonic Inc.Planet First PartnersRoyal Bank of CanadaTELUSBCIMicrosoftPhotonic is accelerating the path to fault-tolerant quantum systems with their Entanglement First™ Architecture – a unique approach that combines silicon-based qubits and native photonic connectivity, enabling seamless scaling across existing global telecom infrastructure. With this new funding, the company will continue advancing key product milestones toward commercialization, expanding its technical and business teams, and deepening customer and partner engagements.“Quantum computing can unlock breakthroughs in clean energy, advanced materials, and human health that are beyond the reach of classical systems,” said Nathan Medlock, Managing Partner at Planet First Partners, who is joining the Board. “Photonic’s distributed architecture provides a credible path to rapidly scale towards utility-scale systems – enabling innovations in areas such as battery
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