New British $250 Million Specialist Quantum Fund Invests in Photonic Inc.

Insights
Feb 18
1 min read

Updated: Mar 2

Feb. 19, 2026 - Quantum Insider

Firgun Ventures, a new, London-based, $250 million Quantum fund, announces its first investment, backing Photonic Inc., a Canadian-based leader in distributed quantum computing and communications. Photonic is one of the quantum computing companies globally selected for Stage B of the DARPA Quantum Benchmarking Initiative, which seeks to validate approaches to utility-scale quantum computing. The company was co-founded by Dr Stephanie Simmons, who was named among the UNESCO 2025 International Year of Quantum 100 last year.

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