Plus: HardTech Summit explores deep tech barriers, IBM debuts $500 million enterprise AI venture fund.
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Quantum startup Photonic raises $137 million CAD, strikes strategic partnership with Microsoft (BETAKIT)
Quantum startup Photonic has raised a $137-million CAD ($100 million USD) funding round from a pool of investors that includes new strategic partner Microsoft.
“We believe we have correctly identified the breakthrough that will allow us to offer a scalable, distributed, and fault-tolerant solution within five years, significantly ahead of industry expectations,” Photonic CEO Paul Terry said in a statement.
Photonic’s partnership with…
