Tech Company Financing Transactions
Xanadu Funding Round
Xanadu closed a $9 million Seed investment round on 5/14/2018. Investors included OMERS Ventures, Golden Ventures and Real Ventures.
Transaction Overview
Company Name
Announced On
5/14/2018
Transaction Type
Venture Equity
Amount
$9,000,000
Round
Seed
Investors
Proceeds Purpose
The funds will help capitalize on the rapid development of their unique approach to quantum computing, one that is based on building quantum photonic chips which will enable the creation of the world's most powerful computer.
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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