Vancouver-based quantum computing startup Photonic raised an additional $70M after a $130M raise announced in January, giving it a $2B post-money valuation (Josh Scott/BetaKit)

Techmeme ·

Quantum computing startup Photonic closed a $200M financing round (including a $70M add-on) at a $2B post-money valuation, per BetaKit.

Categories: Money & Moves

Excerpt

<a href="https://betakit.com/photonic-secures-2-billion-usd-valuation-after-final-close-of-200-million-financing/"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260512/i55.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260512/p55#a260512p55" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Josh Scott / <a href="https://betakit.com/">BetaKit</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://betakit.com/photonic-secures-2-billion-usd-valuation-after-final-close-of-200-million-financing/">Vancouver-based quantum computing startup Photonic raised an additional $70M after a $130M raise announced in January, giving it a $2B post-money valuation</a></b></span>&nbsp; &mdash;&nbsp; Vancouver-based Photonic has completed the final close of its latest funding round, securing another $70 million USD ($95 million CAD) &hellip; </p>