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Xanadu Quantum Technologies

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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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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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