Tech Company Financing Transactions
Xanadu Funding Round
Xanadu, based in Toronto ON, secured $4.4 million from Sustainable Development Technology Canada.
Transaction Overview
Company Name
Announced On
1/17/2020
Transaction Type
Venture Equity
Amount
$4,400,000
Round
Undisclosed
Proceeds Purpose
The company intends to use the funds to expedite the development of its photonic quantum computers and make them available over the cloud.
Company Information
Company Status
Private & Independent
Industry
Electronics
Mailing Address
Undisclosed
Toronto ON, M4B 1B4
Canada
Toronto ON, M4B 1B4
Canada
Phone
Undisclosed
Website
Email Address
Overview
Xanadu is a quantum technologies company powered by light. We design and integrate quantum silicon photonic chips into existing hardware to create truly full-stack quantum computing. Our methods will solve today's toughest business problems significantly faster than ever imagined.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Christian Weedbrook
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