Quantum company
Xanadu
Photonic quantum computing company building fault-tolerant systems.
Technology
Xanadu, founded in 2016 and based in Toronto, builds photonic quantum computing hardware and develops an open-source software library for quantum computing. It went public on Nasdaq and the Toronto Stock Exchange (XNDU) in March 2026 through a business combination with Crane Harbor Acquisition Corp., raising approximately $302M in gross proceeds.
