Xanadu is a Canadian quantum computing company that develops photonic quantum processors and quantum software. Founded in 2016, the company takes a unique approach using light particles (photons) rather than superconducting circuits or trapped ions. Xanadu offers cloud-based access to quantum computers through their Xanadu Cloud platform and has developed PennyLane, an open-source quantum machine learning library. The company has raised significant funding and represents an alternative approach to quantum computing with potential advantages in operating temperature and scalability.
Xanadu has received investment from 2 venture capital firms.
Quantum computing company developing photonic quantum processors and quantum software for cloud-based quantum computing.
Xanadu has received investment from Creative Destruction Lab, Radical Ventures. These venture capital firms and investors provide both capital and strategic support.
Xanadu has raised $100M in total funding, with their most recent round being a Series B. The company operates in the Deeptech sector.
Xanadu was founded in 2016 and is headquartered in Toronto, Canada.
Xanadu operates in the Deeptech sector. Quantum computing company developing photonic quantum processors and quantum software for cloud-based quantum computing.
