Xanadu Quantum Technologies Limited
PublicXanadu Quantum Technologies Limited is now publicly traded
The data on this page reflects Xanadu Quantum Technologies Limited's private-market history up to the point it went public, including its funding rounds, valuation, and investors.
Last Round
Private Placement
May 21, 2026
Total Funding Raised
$611.97M
Company Overview
Xanadu Quantum Technologies Limited is a photonic quantum computing company that develops cloud-accessible quantum hardware and open-source quantum software.
Sector
Quantum Computing
Verticals
Artificial Intelligence & Machine Learning, CloudTech & DevOps
AI Layer
Infrastructure
Keywords
Xanadu Quantum Technologies Limited Comparables
Compare Xanadu Quantum Technologies Limited with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| PsiQuantum | 87% | |
| Photonic Inc | 84% | |
| IonQ | 83% |
For institutional investors. Book with your work email.
Xanadu Quantum Technologies Limited Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Private Placement | May 21, 2026 | ||||
| Grant | Mar 6, 2026 | ||||
| Grant | Dec 15, 2025 | ||||
| Grant | Nov 6, 2025 | ||||
| Grant | Jul 30, 2025 | ||||
Grant | Jun 10, 2025 |
For institutional investors. Book with your work email.
Key People
Founding team and executive leadership
For institutional investors. Book with your work email.
Xanadu Quantum Technologies Limited Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| MMCAP Ventures | Grant |
| Capricorn Investment Group | Series C, Series B |
| Sustainable Development Technology Canada | Grant |
| OMERS | Series B, Seed, Series A |
| BMO Global Asset Management | Grant |
| Georgian | Series B, Series A, Grant, Series C |
| Planet First Partners | Grant |
For institutional investors. Book with your work email.
Recent news
Latest coverage and updates
- is_developingOct 28, 2026
Xanadu Quantum Technologies Inc. collaborates with ASML to develop Advanced Lithography Processes for Photonic Quantum Hardware.
- recognized_asOct 16, 2026
Xanadu Quantum Technologies Inc. founder and CEO Christian Weedbrook is named the EY Entrepreneur Of The Year 2026 Ontario Overall Award winner by an independent judging panel at EY’s celebration in Canada on Oct 15th '26, recognizing his contributions to Canada’s leadership in quantum computing.
- launchesOct 12, 2026
On Oct 12th '26, Xanadu Quantum Technologies Inc. introduces a method that helps quantum algorithms load classical data and cuts quantum memory costs nearly fourfold.
- receives_awardOct 7, 2026
Xanadu Quantum Technologies Inc. receives the IEEE Quantum Technical Community 2026 Distinguished Award from the IEEE Quantum Technical Community during IEEE Quantum Week in Canada for building an open quantum computing ecosystem through PennyLane, education, research, and partnerships.
- is_developingOct 6, 2026
Xanadu Quantum Technologies Inc. explores future work packages to further develop high-performance quantum modules
For institutional investors. Book with your work email.
Xanadu Quantum Technologies Limited Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
Book a demoFor institutional investors. Book with your work email.