UK’s £250M Quantum Fund Backs Photonic: Advancing Scalable Quantum Computing

Last Updated: February 14, 2026By

Quantum Fund Fuels UK-Canada Tech Collaboration

Firgun Ventures, a fresh face in London’s investment scene, is shaking things up with a bold £250 million quantum fund. Their first strategic play? Photonic Inc., a leading Canadian firm celebrated by DARPA for its cutting-edge quantum developments.

Dr. Stephanie Simmons, the brain behind Photonic Inc., is no stranger to the spotlight. She was recently featured in UNESCO’s 2025 initiative, shedding light on her firm’s expertise in fault-tolerant quantum systems. The company’s secret weapon? The Entanglement First™ architecture, which blends silicon qubits with photonic technology for ultimate scalability and flexibility.

Building Bridges: A UK-Canada Quantum Partnership

Last year, Photonic Inc. committed £25 million to a UK-based research hub, signaling a promising UK-Canada innovation bond. Firgun’s recent backing strengthens this alliance, driving forward commercial quantum advancements.

Dr. Kris Naudts, Firgun’s Co-Founder, notes: “Photonic Inc. not only embodies the spirit of innovation but is poised to solve quantum scaling challenges—an endeavor we wholeheartedly support.”

With giants like Microsoft and the Royal Bank of Canada already supporting it, Photonic Inc. isn’t just at the cutting edge of technology; it’s in good company, participating in competitive U.S. government quantum programs.

Co-founder Zeynep Koroturk highlights: “Photonic’s potential to impact various sectors is immense, promising new methods to bolster the global economy.”

Firgun Ventures is thrilled to champion Photonic’s journey into the quantum frontier, alongside some of the world’s premier investors.

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