Xanadu
Xanadu

Xanadu

Xanadu is a Canadian quantum computing company building photonic quantum computers and developing quantum software.

2016ActiveToronto, Canada

About

Xanadu is a Canadian quantum computing company focused on building useful quantum computers using light-based, or photonic, systems. They combine quantum hardware with software and cloud capabilities, including their open-source PennyLane platform, to advance scalable, fault-tolerant quantum computing. Their systems and software are used by customers and partners across various industries, including defense, aerospace, pharmaceuticals, semiconductors, and automotive.

Key facts

Website
xanadu.ai
Headquarters
Toronto, Canada
Founded
2016
Total funding
$570M (IPO)
Valuation
Private
Business model
B2B
Tags
Quantum Computing
Photonic Quantum Computing
Quantum Hardware
Quantum Software
Quantum Machine Learning

Funding rounds

Funding rounds raised by Xanadu
DateRoundAmountPost-moneyLead investors
27 Mar 2026IPO$302M--
1 Feb 2024Debt$3M--
1 Feb 2023Grant$30M--
9 Nov 2022Series C$100M$1.0BGeorgian
1 May 2021Series B$100M-Bessemer Venture Partners
1 Jan 2020Series A$3M--
1 Jun 2019Series A$24M-OMERS
1 May 2018Seed$7M-OMERS

Tech stack

Detected on xanadu.ai, last scanned 21 Sept 2026. Run your own scan

Analytics
Google Analytics 4
CDN
AWS CloudFront
Hosting
AWS
Email provider
Google Workspace
Scores
Measured, not editorial
Ahrefs DR
69/100

Strength of the site’s backlink profile, on Ahrefs’ 0-100 Domain Rating scale. Licensed third-party data, not our opinion.

Agent Readiness
38/100

How well an AI agent can read and use this site: structured data, clean markup, and whether key facts are reachable without running JavaScript. We scan the live site.

Site Speed
62/100

Google PageSpeed mobile performance for the company’s own site. Measured by Google, not by us.

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Frequently asked

How much funding has Xanadu raised?

Xanadu has raised a total of $570M in funding. The most recent round on record is IPO.