Xanadu has secured $120 million CAD in a Series B round to build photonic quantum computer

May 27, 2021 by Betakit

Toronto quantum computing startup Xanadu has secured $120 million CAD ($100 million USD) in a Series B round led by Bessemer Venture Partners.

Christian Weedbrook, CEO of Xanadu was a postdoctoral researcher at the Department of Physics and a collaborator at the Centre for Entrepreneurship at the University of Toronto. 

Read the full article here: https://betakit.com/xanadu-secures-120-million-cad-led-by-bessemer-to-bu...

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