Photonic Raises $100 Million Usd For Quantum Technology From Bci, Microsoft, And Other Investors
Amount Raised
$100 Million
Round Type
Funding Round
Investors
Description
Photonic Inc., a company building one of the world’s first scalable, fault-tolerant, and unified quantum computing and networking platforms based on photonically linked silicon spin qubits, today announced it has raised an investment round of $100M USD. The funds were raised from organizations including British Columbia Investment Management Corporation (BCI), Microsoft Corporation, the UK government’s National Security Strategic Investment Fund (NSSIF), Inovia Capital, and Amadeus Capital Partners. This brings the company’s total funding raised to date to $140M USD.
Quick answer
Photonic raised $100 Million in a Funding Round round, dated November 8, 2023. Investors: Vivian Kelly, Amadeus Capital Partners, Inovia Capital, Microsoft Corporation and British Columbia Investment Management Corporation.
- How much did Photonic raise?
- Photonic raised $100 Million in a Funding Round round on November 8, 2023.
- Who invested in Photonic?
- Vivian Kelly, Amadeus Capital Partners, Inovia Capital, Microsoft Corporation and British Columbia Investment Management Corporation are named as investors in this round.
- What does Photonic do?
- Photonic is building the world’s first commercial-scale, fault-tolerant quantum computer, powered by a unique qubit technology and designed for unlimited scalability from the start.
- Where is Photonic based and how big is it?
- Fundz records about 180 employees.
- Who are the decision-makers at Photonic?
- Fundz holds 3 contacts at Photonic, including the CEO. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Hardware around the same time
Companies in the same sectors as Photonic that raised within 45 days of this round, from Fundz verified event records.
- Lightmatter raised an undisclosed amount (Funding Round) on December 19, 2023.
- Element Solutions raised $1.1B (Debt Financing) on December 18, 2023.
- Numeracle raised $6.8M on December 13, 2023.
- Actility raised $17M (Funding Round) on December 7, 2023.
- Blue Spark Technologies raised $3.7M (Seed) on November 28, 2023.
- Vrgineers raised an undisclosed amount (Series A) on November 28, 2023.
Who to call at Photonic, and when
A new round usually means Photonic is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Photonic raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Photonic, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Photonic. With Fundz connected, it knows.
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Fundz sees it the moment Photonic raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Photonic raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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