Xanadu

Xanadu

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Overview

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.

About

Industries

Software, Big Data, Hardware, Quantum Computing

Founded

2016

Employees

101-250

Headquarters locations

North America

Social

N/A

Profile Resume

Xanadu headquartered in North America, operates in the Software, Big Data, Hardware, Quantum Computing sector. The company focuses on Software and has secured $47.2B in funding across 176 round(s). With a team of 101-250 employees, Xanadu is actively contributing to advancements in Software. Their latest funding round, Seed Round - Xanadu, raised $7.0M. Discover more about their projects, partnerships, and impact on our platform.

Employees

imagePlace Christian Weedbrook

Christian Weedbrook

Founder & CEO

imagePlace Mikhail Andrenkov

Mikhail Andrenkov

Software Developer

imagePlace Sean Oh

Sean Oh

Business Development Lead

imagePlace Josh Izaac

Josh Izaac

Physicist

Funding Rounds

Funding rounds

11

Investors

3

Lead Investors

0

Total Funding Amount

$268.3M

Details

5

Xanadu has raised a total of $268.3M in funding over 5 rounds.

Announcement dateTransaction nameNumber of InvestorsMoney raisedLead Investor
2021Early Stage Venture100.0M
2022Late Stage Venture100.0M
2017Seed
2018Seed7.0M

Investors

Xanadu is funded by 49 investors.

Investor NameLead InvestorFunding RoundPartners
OMERS Ventures-FUNDING ROUND - OMERS Ventures7.0M
Golden Ventures-FUNDING ROUND - Golden Ventures7.0M
Xanadu-FUNDING ROUND - Xanadu7.0M
Real Ventures-FUNDING ROUND - Real Ventures7.0M

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