
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 computers that are useful and available to people everywhere. To achieve this mission, the company has taken a full-stack approach and builds hardware, software, and pursues state-of-the-art research with select partners. The company is also advancing the field of quantum machine learning (QML) through the development of PennyLane, an open-source project that has become a leading software library among quantum researchers and developers. Xanadu is bringing together exceptional minds from around the world to build something extraordinary. Learn more at xanadu.ai

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 computers that are useful and available to people everywhere. To achieve this mission, the company has taken a full-stack approach and builds hardware, software, and pursues state-of-the-art research with select partners. The company is also advancing the field of quantum machine learning (QML) through the development of PennyLane, an open-source project that has become a leading software library among quantum researchers and developers. Xanadu is bringing together exceptional minds from around the world to build something extraordinary. Learn more at xanadu.ai
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
Making quantum computing systems and software accessible and useful for researchers and developers, with emphasis on photonic approaches and quantum machine learning.
2016
Computer Hardware Manufacturing
$100,000,000
Reported Series B announced May 25, 2021
$100,000,000
Reported Series C in Nov 2022
“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”
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