Xanadu
Founded Year
2016Stage
Grant - IV | AliveTotal Raised
$267.08MValuation
$0000Mosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-17 points in the past 30 days
About Xanadu
Xanadu provides a quantum photonic platform. Its platform uses artificial intelligence to integrate quantum silicon photonic chips into existing hardware to build a full-stack quantum computer. It enables clients to receive a quantum technology-based computing facility using a photonic cluster state technology and easily solve business problems. The company was founded in 2016 and is based in Toronto, Canada.
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ESPs containing Xanadu
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The quantum computer makers — photonics market refers to the segment of the quantum computing industry that focuses on using light's quantum properties to build quantum processors. Proponents of this approach say it offers a quick way to scale up the number of qubits available — a rough proxy for overall quantum computing power and commercial usefulness.
Xanadu named as Leader among 7 other companies, including PsiQuantum, Photonic, and ORCA Computing.
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Research containing Xanadu
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Xanadu in 4 CB Insights research briefs, most recently on Sep 13, 2024.
Sep 13, 2024
The AI computing hardware market map
Expert Collections containing Xanadu
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Xanadu is included in 8 Expert Collections, including Quantum Tech.
Quantum Tech
609 items
This Expert Collection contains private and recently exited companies working on quantum computing, quantum communication, post-quantum cryptography, quantum sensors, and other quantum tech.
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Artificial Intelligence
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Companies developing artificial intelligence solutions, including cross-industry applications, industry-specific products, and AI infrastructure solutions.
AI 100
200 items
The winners of the 4th annual CB Insights AI 100.
Conference Exhibitors
5,302 items
Xanadu Patents
Xanadu has filed 46 patents.
The 3 most popular patent topics include:
- quantum mechanics
- quantum information science
- quantum computing
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
10/9/2023 | 3/18/2025 | Dynamical systems, Quantum mechanics, Statistical mechanics, Laser science, Quantum optics | Grant |
Application Date | 10/9/2023 |
|---|---|
Grant Date | 3/18/2025 |
Title | |
Related Topics | Dynamical systems, Quantum mechanics, Statistical mechanics, Laser science, Quantum optics |
Status | Grant |
Latest Xanadu News
Mar 26, 2025
Xanadu and Corning Partner to Advance Fibre Interconnects for Scalable Photonic Quantum Computing Xanadu and Corning Partner to Advance Fibre Interconnects for Scalable Photonic Quantum Computing Xanadu and Corning Incorporated have announced a strategic collaboration to co-develop customized low-loss optical fibre and fibre-array solutions for networking photonic quantum computing chips. The joint effort will leverage Xanadu’s expertise in ultra-low-loss photonic chip components and Corning’s advanced innovations in optical fibre to enable fault-tolerant, utility-scale photonic quantum computing. The goal is to address critical interconnect challenges for scaling architectures like Xanadu’s recently demonstrated Aurora quantum system. The effort builds on Xanadu’s recent demonstration of Aurora , a 35-chip fibre-networked photonic quantum system using 13 kilometers of optical fibre, as reported in Nature . While Aurora establishes the architectural foundation for scaling to fault-tolerant quantum computing, reducing optical losses in fibre interconnects remains a key challenge. The partnership with Corning aims to co-develop specialized components optimized for low-loss coupling between photonic chips and fibre, a critical requirement for scaling Aurora beyond its current 12-qubit configuration. Through this collaboration, Corning will apply its fibre manufacturing expertise to co-develop fibre and array solutions specifically engineered for Xanadu’s photonic integrated circuits. By jointly addressing loss at the component level, the companies aim to further the development of scalable photonic quantum computing infrastructure and support Xanadu’s long-term vision of building a universal, fault-tolerant quantum computer. For more information, read the full announcement here and the Nature paper here . March 26, 2025
Xanadu Frequently Asked Questions (FAQ)
When was Xanadu founded?
Xanadu was founded in 2016.
Where is Xanadu's headquarters?
Xanadu's headquarters is located at 777 Bay Street, Toronto.
What is Xanadu's latest funding round?
Xanadu's latest funding round is Grant - IV.
How much did Xanadu raise?
Xanadu raised a total of $267.08M.
Who are the investors of Xanadu?
Investors of Xanadu include Innovate UK, National Research Council of Canada Industrial Research Assistance, FedDev Ontario’s Regional Quantum Initiative, Government of Canada, Radical Ventures and 21 more.
Who are Xanadu's competitors?
Competitors of Xanadu include Lightmatter, Quantum Source, QuiX Quantum, Pasqal, PsiQuantum and 7 more.
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Compare Xanadu to Competitors
PsiQuantum operates as a quantum computing company focuses on developing a quantum computer. The company offers research and development in quantum computing, specializing in photonics-based architecture to create fault-tolerant quantum systems. It serves sectors that require advanced computational capabilities, such as pharmaceuticals, agriculture, and energy. It was founded in 2015 and is based in Palo Alto, California.
ORCA Computing specializes in the development of full-stack photonic quantum computers, focusing on the technology sector and quantum computing industry. The company offers modular, fiber-interconnected quantum computing systems designed to enhance performance, scalability, and usability for applications such as machine learning and optimization. ORCA primarily serves government and enterprise clients, guiding them from the discovery to deployment of quantum applications. It was founded in 2019 and is based in London, United Kingdom.
QuiX Quantum specializes in photonic quantum computing and operates in the quantum computing hardware sector. The company offers photonic quantum computing solutions that utilize light particles for information processing, and its products include a universal quantum computer, a special-purpose quantum computer, and a quantum photonic processor. It primarily serves the supercomputer industry. The company was founded in 2019 and is based in Enschede, Netherlands.
Photonic specializes in quantum computing and networking technologies within the quantum technology sector. The company's main offerings include a quantum computing platform that utilizes the memory and computing capabilities of spins and the connectivity of photonics, industry-specific quantum algorithms, and quantum networking services. Photonic's technology primarily serves governments, academia, and corporations across various industries seeking to harness the power of quantum computing. It was founded in 2016 and is based in Coquitlam, Canada.
Q.ANT specializes in industrial quantum technology and photonics solutions in native computing and sensing. The company offers products for artificial intelligence processing through photonic computing and provides sensing capabilities for applications. Q.ANT's technology aims to improve energy efficiency in data centers and enable human-machine interfaces. It was founded in 2018 and is based in Stuttgart, Germany.
Aegiq specializes in quantum computing and quantum networking within the technology sector. The company offers a range of products including compact photonic quantum computers, quantum network interconnects, and quantum cryptographic communications, all utilizing integrated photonics for practical quantum applications. It primarily serves sectors such as telecommunications, defense and aerospace, financial, and advanced manufacturing. The company was founded in 2019 and is based in Sheffield, United Kingdom.
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