Xanadu, a leader in photonic quantum computing and advanced artificial intelligence, announced the results of a joint proof-of-concept technology collaboration between the BMO Financial Group and Scotiabank.

The funding accelerates Xanadu’s progress toward the release of its photonic-based quantum cloud computing platform, which will include next generation consumer applications and products not available on competing platforms.

A Toronto startup aiming to build the world’s most powerful computer by harnessing the quantum properties of light has raised $32-million from leading early stage financiers in Canada and the United States.

Xanadu is recognized as one of the top Canadian tech companies to watch in 2019 by BetaKit.

Envisioned as the “TensorFlow of quantum computing,” hardware-agnostic PennyLane comes with built-in support for existing qubit and photonic quantum hardware.  

Companies in CDL’s Quantum Machine Learning Program will leverage Xanadu’s Strawberry Fields …

World-Renowned MIT Professor and Quantum Computing Pioneer, Seth Lloyd, joins as Chief Scientific Advisor

Three Canadian startups have announced fresh funding rounds to fuel their growth. Xanadu raises $9 million seed round.