{"id":4859,"date":"2021-08-24T15:21:13","date_gmt":"2021-08-24T15:21:13","guid":{"rendered":"https:\/\/entrepreneurs.utoronto.ca\/ip-education\/startup\/xanadu\/"},"modified":"2021-09-14T01:48:29","modified_gmt":"2021-09-14T01:48:29","slug":"xanadu","status":"publish","type":"startup","link":"https:\/\/entrepreneurs.utoronto.ca\/ip-education\/startup\/xanadu\/","title":{"rendered":"Xanadu"},"content":{"rendered":"\n
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Xanadu secures $120 million CAD led by Bessemer to build photonic quantum computer <\/h3>\n <\/a>\n <\/div>\n\n

\n U of T startup Xanadu has secured $120 million CAD ($100 million USD) in a Series B round led by Bessemer Venture Partners. <\/p>\n \n \n \n \n \n \n \n \n <\/div>\n <\/div>\n\n\n \n

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Xanadu, MaRS, Creative Destruction Lab launch Canada\u2019s first quantum network <\/h3>\n <\/a>\n <\/div>\n\n

\n Toronto-based quantum computing startup Xanadu, in partnership with MaRS and Creative Destruction Lab (CDL), announced this week the launch of what it claims is Canada\u2019s first quantum network. <\/p>\n \n \n \n \n \n \n \n \n <\/div>\n <\/div>\n\n\n \n

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Xanadu launches photonic quantum cloud platform <\/h3>\n <\/a>\n <\/div>\n\n

\n Toronto-based quantum computing startup Xanadu on Wednesday announced the release of a publicly available photonic quantum cloud platform, which it calls the Xanadu Quantum Cloud. <\/p>\n \n \n \n \n \n \n \n \n <\/div>\n <\/div>\n\n\n \n

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A Toronto startup with roots at U of T hopes to catch the next big wave in computing <\/h3>\n <\/a>\n <\/div>\n\n

\n For decades, quantum computing research largely happened in university laboratories, where the field\u2019s tremendous theoretical potential contrasted with the reality of slow, incremental progress. Today, though, startups and established tech… <\/p>\n \n \n \n \n \n \n \n \n <\/div>\n <\/div>\n\n\n \n

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Toronto startup Xanadu raises $32-million to help build \u2018world\u2019s most powerful computer\u2019 <\/h3>\n <\/a>\n <\/div>\n\n

\n A Toronto startup aiming to build the world\u2019s most powerful computer by harnessing the quantum properties of light has raised $32-million from leading early stage financiers in Canada and the… <\/p>\n \n \n \n \n \n \n \n \n <\/div>\n <\/div>\n\n\n \n

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Creative Destruction Lab accepting teams for 2019\/20 cohort of their incubator streams <\/h3>\n <\/a>\n <\/div>\n\n

\n The Creative Destruction Lab (CDL), a seed-stage program for massively scalable, science-based companies, is now accepting applications for their 2019\/20 Quantum Machine Learning and  Blockchain-AI Incubator Streams. The Quantum Machine Learning Incubator… <\/p>\n \n \n \n \n \n \n \n \n <\/div>\n <\/div>\n\n\n <\/div>\n\n\n

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