Fundraising has been somewhat challenging for startups in Canada in recent years, but that hasn’t stopped everyone from raising capital. To prove our point, we’ve highlighted a handful of B.C.-based companies that have secured funding since May. From newer upstarts raising early rounds to established firms maintaining momentum, below is a sampling of financing events […]
Photonic
Photonic Adds Microsoft Quantum, UK Intelligence Veterans to Leadership Team
Vancouver’s Photonic is strengthening its leadership team as the quantum computing company moves deeper into commercialization. The company announced this week that Orlagh Neary has joined as Chief Marketing Officer, while Briony Shipman has been appointed Vice President of Global Government Affairs. The hires follow Photonic’s final close of more than $200 million in May, […]
BC Tech Reveals Finalists for 2026 Technology Impact Awards
BC Tech has announced the finalists for its 2026 Technology Impact Awards, spotlighting dozens of companies helping shape the future of British Columbia’s innovation economy. This year’s TIAs feature 48 finalists across 11 award categories, recognizing companies at every stage of growth, from emerging startups to established anchors, as well as innovators making an impact […]
Quantum Innovator Photonic Now Valued at $2.7B Following Investment
Coquitlam’s Photonic has closed a sizeable round of financing at a company valuation of nearly $3 billion. Announced today at Web Summit Vancouver, the quantum computing company closed its funding round, which started in January, at over US$200M. The round, led by UK-based Planet First Partners, brings total capital raised by Photonic to nearly $500M, […]
Photonic Wins Global Design Award for Quantum Computer
Vancouver’s Photonic has earned international recognition for the design of its quantum computing systems, taking home a 2026 iF DESIGN AWARD in the Quantum Computer category. Widely regarded as one of the world’s most prestigious design competitions, the iF DESIGN AWARD received more than 10,000 submissions from 68 countries this year, judged by a panel […]
Photonic Names Don Mattrick CEO as Quantum Firm Eyes Commercialization
Vancouver-based quantum technology company Photonic has reshaped its leadership team as it moves toward the commercialization of its quantum computing and networking platform. The company announced that longtime investor Don Mattrick has been appointed Chief Executive Officer, while Paul Terry will take on the role of Chief Product Officer. The leadership changes are intended to […]
Photonic Adds Executive Chair, Four Directors After $180M Raise
Vancouver quantum computing company Photonic has appointed an executive chair and four new directors following its recent $180 million funding round. Joining founder Stephanie Simmons and CEO Paul Terry on the board are Alex van Someren (Executive Chair), Don Mattrick (Vice Chair), Nathan Medlock, and Ashton Scordo. British entrepreneur and investor van Someren, founder of […]
Photonic and TELUS Achieve ‘Quantum Teleportation’ Milestone
Vancouver’s Photonic is partnering with neighbour TELUS. The quantum computing technology company is working with the telecommunications giant to pursue quantum-secure networking capabilities and deliver “solutions that will provide social and economic value and transform industries worldwide.” As a first demonstration of this collaboration, Photonic and TELUS say that they have achieved a “significant technical […]
Photonic Raises $180M in Major Quantum Round
Photonic has raised $180 million in the first close of its latest investment round, marking a major milestone for the distributed quantum computing company as it pushes toward commercialization. The round was led by Planet First Partners, with participation from new investors including Royal Bank of Canada and TELUS. Existing backers, including BCI and Microsoft, […]
Photonic Tapped for Ottawa’s Quantum Champions Initiative
Vancouver-based Photonic has been selected for Phase 1 of the federal government’s Canadian Quantum Champions Program (CQCP), a move that could see the company receive up to $23 million in funding as Canada looks to accelerate the development of fault-tolerant quantum computing technologies. The program recognizes the strategic importance of quantum technologies to Canada’s economic […]