Location
Headquarters: Toronto, Ontario, Canada, North America
Region: Ontario
Country: CA
Continent: North America
About
Xanadu is a Canadian quantum computing company focused on building useful quantum computers that are accessible to people everywhere. The company develops photonics-based quantum hardware and provides software tooling and libraries for quantum workflows, including PennyLane and Catalyst, to enable researchers and developers to design and run quantum algorithms. Xanadu emphasizes industry-focused quantum solutions and partnerships, with active research and development across hardware, software, and applications, and operates from its Canadian base with global reach.
Xanadu is a quantum computing company that develops photonic quantum hardware and software tools for researchers and developers. It provides cloud access to quantum processors and open-source libraries like PennyLane to facilitate quantum algorithm design and execution. The company focuses on making quantum technology accessible through its Xanadu Cloud platform.
Xanadu Quantum Technologies Inc.
2016
for_profit
active
Industries
Primary Industry: Business Services
Categories
Funding & Financials
Debt
269300000
10m-50m
private
NASDAQ:XNDU
NASDAQ
Investors
Founders
Christian Weedbrook
Leadership
Technology Stack
Products
Aurora: A scalable, networked, and modular photonic quantum computer designed for quantum computing research and applications.
PennyLane with Lightning MPI on Frontier: An extension of Xanadu's PennyLane and Lightning simulator stack enabling MPI-powered, large-scale quantum simulation on the Frontier supercomputer.
Funding rounds
Post Ipo Equity · $275M · (2026-03-27)
IPO · (2026-03-26)
Grant · $2.03M · (2026-03-06) · Lead: ARPA-E
