Xanadu
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Xanadu

http://xanadu.ai/
Last activity: 10.09.2026
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Categories: ComputingDeepTechHardwareManufacturingQuantum
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.

Today, enterprises and researchers can begin using Xanadu's photonic quantum computers through the Xanadu Quantum Cloud (XQC) service and Strawberry Fields application library.

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
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Location: Canada
Employees: 51-200
Total raised: $688.18M
Founded date: 2016

Investors 9

Funding Rounds 7

DateSeriesAmountInvestors
02.09.2026-$140.78M-
28.03.2026-$302M-
17.11.2022Series C$100M-
25.05.2021-$100M-
16.01.2020-$4.4M-
24.06.2019Series A$32M-
10.05.2018Seed$9M-

Mentions in press and media 66

DateTitleDescription
10.09.2026Xanadu and AMD launch Backline to streamline CPU, GPU, FPGA integration for quantum technology, a leading photonic quantum computing company, in collaboration with AMD announced the release of Backline, an open-platform solution, co-designed by Xanadu and AMD, for rapid communications between quantum and classical computing hardware...
09.09.2026Xanadu and ASML Announce Collaboration to Advance Lithography for Photonic Quantum Hardware, a leading photonic quantum computing company, and ASML, a leading supplier to the semiconductor industry, announced a collaboration to develop advanced lithography processes for Xanadu’s photonic quantum hardware. This collaboration aims ...
03.09.2026Canada's Dual Strategy: Quantum Ambitions Meet Trade ShowdownCanada outlines a decisive, two-pronged economic strategy. Ottawa commits a significant $140 million loan to Xanadu Quantum. This funding establishes a crucial photonic manufacturing plant. It positions Canada for global leadership in advan...
02.09.2026Canada's Carney says US needs to start being serious before trade talks can resumeOTTAWA: The US needs to start being serious and stop trying to be tough before talks on a possible trade deal with Canada can restart, Prime Minister Mark Carney told reporters on Tuesday (Sep 1). Canada walked away from negotiations on an ...
29.08.2026Canada to loan quantum startup Xanadu $140 million to build manufacturing plantAug 28 : The Canadian government will loan C$195 million ($140.78 million) to Xanadu Quantum for setting up a plant that would make photonic components for quantum computers, in the country's largest ever support for the technology. The mov...
28.08.2026Canada to loan quantum startup Xanadu $140 million to build manufacturing plantSynopsis Experts have ​long touted quantum computers' potential to solve problems regular computers cannot and speed up ​scientific discoveries, but the technology remains error prone because of its extreme sensitivity to any disturbanc...
22.05.2026Xanadu Cuts Quantum Algorithm Overhead in Half: QROM Fix Runs Now in PennyLaneBy Adrian Parham Published: May 22 2026, 09:49 AM EDT Share on Facebook Share on Twitter Share on LinkedIn Share on Reddit Share on Flipboard
15.05.2026China’s Jiuzhang 4.0 Photonic Processor Outpaces El Capitan by Tredecillion Years — Without Cryogenic CoolingBy Adrian Parham Published: May 15 2026, 15:45 PM EDT Share on Facebook Share on Twitter Share on LinkedIn Share on Reddit Share on Flipboard
09.04.2026Quick, we’ve got quantum on the list-
31.03.2026CNBC Daily Open: Trump is doubling down on rhetoric to end the Iran warTrump says U.S. will destroy Iran’s oil wells, Kharg Island. Iran’s attacks on aluminum producers are sending ‘shockwaves’ through metals markets. WTI crude settles above $100 for first time since 2022. S&P 500 closes lower Monday as oi...
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