Two reported raises a few months apart demonstrate exactly why our publication layer merges overlapping headlines before computing totals.
This profile is a single-company view of the same public ledger that builds the global ranking. Figures are disclosed amounts, not valuations; an empty cell means the source did not publish a number.
| Headquarters / founded | Vancouver, BC · 2016 |
|---|---|
| Technology | quantum-computing · Silicon spin-photon |
| Region / country | North America · Canada |
| Status | private |
| Cumulative disclosed funding | ~$471M (lower bound) |
| Global rank | #11 / 62 |
The values below are computed on this build from the live dataset. They are measurements, not commentary.
| Share of all tracked capital | 2.79% |
|---|---|
| Median, same technology | $85M |
| Median, same region | $900M |
| Nearest larger peer (same technology) | Origin Quantum · $560M |
| Nearest smaller peer (same technology) | Quantum Motion · $390M |
| Published financing events | 2 |
| Cash disclosed across those events | $331M |
| Policy / public-market events | 0 / 0 |
| Unreviewed auto-collected events | 2 |
| Syndicated reports merged into these rows | 1 |
A ~$131M reported raise for silicon spin-photon modules sits in the North America cohort rather than the US one, which is a reminder that our region labels follow company domicile, not technology clusters. Photonic Inc. is building distributed optically linked modules, a capital-intensive architecture. The figure is auto-collected with a source link and no named investors, so we publish it as an estimate and do not infer a lead.
A ~$200M reported raise barely a week after a January figure for the same company is exactly the pattern our publication-layer de-duplication is meant to expose: either two tranches, or one round reported twice. Photonic Inc. builds silicon spin-photon modules, where financing news is often syndicated across outlets. We keep the later, larger report with a corroborating count and flag it as approximate rather than adding both to the total.
Three 2026 reports share overlapping coverage within short windows. Only distinct financings are kept; each retained row shows whether it came from human review or automated monitoring.