# Photonic funding: rounds and investors

> Photonic has raised $131M across 1 round since 2026. Investors include Planet First Partners, Inovia Capital and Amadeus Capital Partners.

Source: https://millionrounds.com/company/photonic (Millionrounds; every figure on the page links to its filing or article)

Canada · [Growth startup](https://millionrounds.com/companies)

# Who invested in *Photonic*

One round we have observed, with the 8 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Hardware & Electronics

Raised 10 months ago

Funding summary Updated 26 Oct 2026

**$131M** raised across 1 round since 2026, from 3 sources

- **Latest round:** Growth, $131M Jan 2026
- **Led by:** Planet First Partners
- **Investors:** 8 (1 led)

See who backed them

## The rounds

- **Jan 2026** Growth **$131M** [Planet First Partners](https://millionrounds.com/fund/planet-first-partners) Lead [Inovia Capital](https://millionrounds.com/fund/inovia-capital) [Amadeus Capital Partners](https://millionrounds.com/fund/amadeus-capital-partners) [Government of Canada](https://millionrounds.com/fund/government-of-canada) [Microsoft](https://millionrounds.com/fund/microsoft) [Royal Bank of Canada](https://millionrounds.com/fund/royal-bank-of-canada) [TELUS Ventures](https://millionrounds.com/fund/telus-pollinator-fund-for-good) [BCi](https://millionrounds.com/fund/bci) Reported by Firms' own news pages and 2 others

## Founders and team

From Photonic's own website: 1 founder, 11 on the team.

**Dr. Stephanie Simmons** Co-Founder and Chief Quantum Officer

- **Don Mattrick** Chief Executive Officer and Vice Chair
- **Dr. Paul Terry** Chief Engineering Officer
- **Kirsten Sutton** Chief Business Operations Officer
- **Orlagh Neary** Chief Marketing Officer
- **Sarah Boatman** Chief Financial Officer
- **Briony Shipman** VP Global Government Affairs
- **Jessi Hodgson** VP People
- **Neysa Finnie** VP Legal and Corporate Secretary
- **Nick Morris** VP Strategic Partnerships
- **Alex van Someren** Executive Chair
- **Special Advisor** Board of Directors

## Everyone who backed them

[Planet First Partners](https://millionrounds.com/fund/planet-first-partners) Growth equity **1** round, led 1

[Inovia Capital](https://millionrounds.com/fund/inovia-capital) VC firm **1** round

[Amadeus Capital Partners](https://millionrounds.com/fund/amadeus-capital-partners) VC firm **1** round

[Government of Canada](https://millionrounds.com/fund/government-of-canada) Government **1** round

[Microsoft](https://millionrounds.com/fund/microsoft) Corporate VC **1** round

[Royal Bank of Canada](https://millionrounds.com/fund/royal-bank-of-canada) Growth equity **1** round

[TELUS Ventures](https://millionrounds.com/fund/telus-pollinator-fund-for-good) Corporate VC **1** round

[BCi](https://millionrounds.com/fund/bci) Growth equity **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=photonic).

## Also claim to have backed them

This firm lists Photonic as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[National Security Strategic Investment Fund (NSSIF)](https://millionrounds.com/fund/national-security-strategic-investment-fund-nssif) Corporate VC Per its own site

## Quick answers about Photonic

### Who invested in Photonic?

Photonic's investors include Planet First Partners, Inovia Capital, Amadeus Capital Partners, Government of Canada and Microsoft, and 3 more on record. Planet First Partners led its latest round.

### How much has Photonic raised?

Photonic has raised $131M across 1 round since 2026.

### When did Photonic last raise?

Photonic's most recent round was a Growth of $131M in Jan 2026, led by Planet First Partners.

### What was Photonic's biggest round?

Its most recent round, $131M in Jan 2026, is also its largest on record.

### Who backed Photonic first?

Photonic's first round on record, in Jan 2026, was backed by Planet First Partners, Inovia Capital and Amadeus Capital Partners and 5 others.

### What stage is Photonic at?

Photonic's latest named round is a Growth, in Jan 2026.

### Where is Photonic based?

Photonic is based in Canada.

### Who led Photonic's rounds?

Planet First Partners led the Growth in 2026.

## Companies like Photonic

In the same sector, and raised in the last eighteen months.

[**Astrus** $20M · Sept 2026](https://millionrounds.com/company/astrus)[**Palitronica Inc.** Sept 2026](https://millionrounds.com/company/palitronica-inc)[**Femtum** $13M · Aug 2026](https://millionrounds.com/company/femtum)[**Greentank Technologies** $20M · Jul 2026](https://millionrounds.com/company/greentank-technologies)[**Nord Quantique** $47M · May 2026](https://millionrounds.com/company/nord-quantique)[**NAQI Logix** $36K · May 2026](https://millionrounds.com/company/naqi-logix)

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