Xanadu Quantum Technologies
Canadian photonic quantum computing company developing quantum computers and software.
Last updated August 26, 2026
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- Nov 4, 2026
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Overview
Xanadu Quantum Technologies is a Toronto-based quantum computing company focused on photonic quantum computing. It develops open-source software libraries like PennyLane and has introduced scalable photonic quantum processors. Its goal is to build fault-tolerant quantum computers and offer quantum cloud services.
Products and positioning
Leading innovator in photonic quantum computing, emphasizing scalability and cloud access.
Product categories. Quantum computing hardware · Quantum software libraries · Quantum cloud services
Recent events
Xanadu raises US$100 million in Series B financing[1]
Xanadu raised US$100 million in Series B financing, with Bessemer Venture Partners leading the round and several other investors participating.
Reported
Xanadu launches its quantum cloud platform[2]
Xanadu launched its quantum cloud platform, making its gate-based photonic quantum processors available to developers through 8- or 12-qubit chips.
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