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Xanadu
Xanadu Quantum Technologies Inc. is a Canadian quantum technology company, and one of the world's leading photonic quantum hardware providers. Founded in 2016, Xanadu's mission is to build quantum…
Xanadu
Xanadu Quantum Technologies Inc. is a Canadian quantum technology company, and one of the world's leading photonic quantum hardware providers. Founded in 2016, Xanadu's mission is to build quantum…
TL;DR
Founded: 2016
Headquarters: Toronto, Ontario, Canada
Focus: Photonic quantum computing hardware, software, simulators, and applications
Notable product / project: PennyLane (open-source quantum ML library)
Reported funding: Multiple rounds; reported ~$275M total, including a $100M round
Company Overview
Problem Domain
Making quantum computing systems and software accessible and useful for researchers and developers, with emphasis on photonic approaches and quantum machine learning.
Founded
2016
Industry
Computer Hardware Manufacturing
Tech Stack
Funding Track Record
$100,000,000
Reported Series B announced May 25, 2021
$100,000,000
Reported Series C in Nov 2022
Investor Signal
“Backed by a mix of venture capital firms and government/strategic funds including Georgian, Bessemer Venture Partners, OMERS Ventures, Tiger Global, BDC, FedDev and the Strategic Innovation Fund”
Founders
What we do
Join the Team
Startup jobs. A lot of them.
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