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$100m fundraising for Photonic

Silverpeak worked closely with Photonic to optimally present the investment opportunity

About our client

Our client’s novel approach to quantum computing (“QC”) puts the company in pole position to deliver web-connected fault-tolerant quantum computing. Fault-tolerant quantum computers will unlock computational capabilities unseen today, with identified use cases (and early adopters) in pharma, material sciences, finance, transport, security.

Why they chose us

Introduced by a premier deeptech fund with whom we had a relationship. Ability to articulate the complex tech and equity story to growth investors. Successful track record with global investors, including financial and strategic.

How we added value

Approached 100+ investors from more than 20 countries.  The combination of technology, business and financial insight was critical as well as hiring a reputable QC consultant to provide VDD support. Definition of valuation and terms acceptable to the company and the market was skilfully guided. As well as capital, the resulting syndicate provides early customers and a channel to market.

The successful outcome

Successful $100m fundraise garnering investment from an elite tier of institutional, sovereign, and strategic investors, setting up our client to fulfil their business plan and materially strengthen their go-to-market via commercial agreements.

Transaction Summary



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CA / US / UK

The Silverpeak team understood the complexity of the quantum computing market and were able to articulate Photonic’s game-changing business to global investors. The result is a round of financing that brings together knowledgeable investors who believe in our work and is a testament to our team, our technology, and the direction we’re headed in.
Paul Terry | CEO, Photonic