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% |
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 |
Key People
Founding team and executive leadership
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 |
Recent news
Latest coverage and updates
- recognized_asOct 16, 2026
EY names Christian Weedbrook, founder and CEO of Xanadu Quantum Technologies Inc., its EY Entrepreneur Of The Year 2026 Ontario Overall Award winner after an independent judging panel selects him at a Toronto celebration on Oct 15th '26.
- launchesOct 12, 2026
Xanadu Quantum Technologies Inc. introduces a method for optimizing quantum random access memory on Oct 12th '26
- receives_awardOct 7, 2026
Xanadu Quantum Technologies Inc. receives the IEEE Quantum Technical Community 2026 Distinguished Award in Canada
- is_developingOct 6, 2026
Xanadu Quantum Technologies Inc. explores future work packages to further develop high-performance quantum modules
- partners_withOct 6, 2026
Xanadu Quantum Technologies Inc. and GlobalFoundries inc. enter a multi-year partnership to develop and scale ultra-low-loss silicon nitride photonics and superconducting nanowire single-photon detectors on GlobalFoundries inc.'s 300mm manufacturing line in New York, beginning Oct 7th '26.
Xanadu Quantum Technologies Limited Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
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