Xanadu
About Xanadu
Xanadu
In early 2025, Xanadu demonstrated Aurora, a significant advancement in photonic quantum computing featuring a modular and networked architecture that combines 35 photonic chips networked together via 13 kilometers of fiber optics to perform all essential functions for comprehensive quantum computing. In May 2025, Xanadu partnered with Applied Materials to develop high-volume fabrication processes for superconducting transition edge sensors, with teams planning to demonstrate a 300 mm platform by the end of 2025 to advance photonic quantum computing toward utility-scale applications. In March 2025, Xanadu and Corning partnered to develop low-loss optical fibre interconnects for photonic quantum computing chips, aiming to scale fault-tolerant quantum computers towards one million qubits. In June 2025, Xanadu opened a $10 million advanced photonic packaging facility in Toronto, Canada, to manufacture components for fault-tolerant quantum computers, addressing a critical gap in the Canadian quantum supply chain. In August 2025, Xanadu and HyperLight demonstrated waveguide losses below 2 dB/m in thin-film lithium niobate (TFLN) photonic chips.
Company Information
- Founded: 2016
- Country: Canada
- Website: https://xanadu.ai
- Categories: hardware, photonic, quantum algorithms, quantum cloud, quantum infrastructure, quantum machine-learning, quantum photonics, quantum processors, quantum simulation, quantum software, superconducting
Investment Information
- Status: private
- Total Raised: $200M
- Last Valuation: $1.0B
Recent Funding Rounds
- 2022-07-14: series-c - $100M - Series C funding round
- 2021-05-26: series-b - $100M - Series B funding round
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Company Information
Founded
2016
Country
Canada
Website
Categories
Investment Information
Status
Private
Total Raised
$200M
2 funding rounds tracked. View detailed investment history →
Categories & Regions
Categories
Region
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