Xanadu

Canada
Toronto, Ontario, Canada

Company profile

Xanadu company profile

Since its founding in 2016, Xanadu has focused extensively on the effects quantum will have on society and how to best service those needs. Xanadu's ultimate goal is to provide quantum on demand to enable significant computational improvements over the best classical methods to solve really tough real-world problems. Xanadu has amalgamated leading scientists and professionals to pair academic research with industry veterans to develop a massively scalable venture.

Business identity

Contact email
[email protected]
Operating status
Active
Company type
For Profit
Employee range
251-500 employees
Revenue range
$1M-$10M
Founded
2016-09-19

Headquarters

Country code
CA
Continent
North America

Capital profile

Funding and company signals

Funding stage
M And A
Funding rounds
12
Total equity funding
$231.2M
Last funding
Grant / $734,997 / 2025-07-22
Last equity funding
Series C / $100M
Investors
25
Lead investors
8
Founders
1
Articles
159
Exited on
2025-11-03

Founders and investors

Founders

Christian Weedbrook

Lead investors

Bessemer Venture PartnersDARPAFedDevGeorgianInnovation for Defence Excellence and SecurityOMERS VenturesStrategic Innovation FundSustainable Development Technology Canada

Investors

Alumni VenturesBessemer Venture PartnersBusiness Development Bank of CanadaGeorgianTiger Global Management