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Toronto, Ontario, CanadaFounded 2016318+ employeesXNDU
$546.1M raisedGrowth· last: post ipo equity (Mar 2026)· 14 rounds
Backed by(26 investors)
ARPA-E · LeadInnovation for Defence Excellence and Security · LeadFedDev · LeadStrategic Innovation Fund · LeadGeorgian · LeadBessemer Venture Partners · LeadDARPA · LeadOMERS Ventures · LeadSustainable Development Technology Canada · Lead+6 more

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

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