Announced
Completed
Financials
Sources
Tags
Acquisition
Minority
Private
Private Equity
Completed
Friendly
Single Bidder
Cross Border
Canada
quantum computing
Computer Hardware
Venture Capital
Synopsis
A group of investors, including British Columbia Investment Management, Microsoft, National Security Strategic Investment Fund, Inovia Capital and Amadeus Capital Partners, led a $100m round in Photonic, a quantum technologies company. “Photonic’s game-changing approach to deliver on the decades-old promises of quantum computing continues to be fueled by our committed investors and best-in-class employees. The support of such knowledgeable investors who believe in our work is a testament to our team, our technology, and the direction we’re headed in,” Paul Terry, Photonic CEO.
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