Xanadu
Xanadu51
About
What does Xanadu do?
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.
What is Xanadu's revenue?
StartupHub estimates Xanadu's annual revenue at $59.9M (range $33.0M to $59.9M, 42% confidence), based on comparable companies in the sector.
What is Xanadu's valuation?
StartupHub estimates Xanadu's effective valuation at $960.5M (range $672.3M to $1.2B, 40% confidence), based on comparable companies in the sector.
How much funding has Xanadu raised?
Xanadu has raised a total of $570M in funding. The most recent round on record is IPO.
Where is Xanadu headquartered?
Xanadu is headquartered in Toronto, Canada.
When was Xanadu founded?
Xanadu was founded in 2016.
What industry does Xanadu operate in?
Xanadu operates in Quantum Computing, Photonic Quantum Computing, Quantum Hardware, Quantum Software, Quantum Machine Learning, AI.
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