Photonic secures $2-billion USD valuation after final close of $200-million financing

Vancouver-based Photonic has completed the final close of its latest funding round, securing another $70 million USD ($95 million CAD) that will fuel the development of its quantum computers as the company advances towards commercialization. Photonic said this morning that this brings the total size of this financing to $200 million USD ($275 million CAD) and that the round gives it a $2-billion USD ($2.7-billion CAD) post-money valuation. This financing comes from government, strategic partners