General InformationXanadu Quantum Technologies is a Canadian quantum computing company based in Toronto, Ontario with approximately 51-200 employees, founded in 2016, developing photonic quantum processors.
Funding & FinancialsXanadu has raised over $130 million in funding including a Series C round led by major investors; specific recent round details and lead investors include participation from technology-focused venture firms.
Leadership & TeamCEO Xanadu is led by Cristian Damascelli as Chief Executive Officer, with a founding team experienced in quantum physics and photonics research from academic and industry backgrounds.
Recent ActivityRecent notable developments include the release of their Strawberry Fields photonic quantum computing platform, cloud access to their quantum hardware, and partnerships with enterprise customers exploring quantum applications in optimization and chemistry.