Xanadu is a company developing quantum computing and artificial intelligence technologies.
Xanadu is a company developing quantum computing and artificial intelligence technologies.
In May 2018, Xanadu raised CA$9M in seed funding. In 2019 Xanadu received CA$32M during series A funding round as well as a grant from DARPA (Defense Advanced Research Projects Agency). OMERS Ventures were lead investors for both seed and Series A funding. In January 2020, Xanadu received a further US$4.4M in venture round funding from Sustainable Development Technology Canada.