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Ontario, and Canada more broadly, is uniquely positioned to become a worldwide centre of excellence in quantum computing. Toronto Metropolitan University (TMU) has demonstrated research excellence in the quantum field, from designing quantum-resistant cryptography to using quantum tools in health care. A new collaboration between TMU and quantum computing leader Xanadu will ensure that the university […]
Xanadu
Quantum Algorithms Institute And Xanadu Collaborate On Building Quantum Workforce In Canada
Quantum Algorithms Institute (QAI), a not-for-profit organization that facilitates collaboration among industry, academia and government in British Columbia, has teamed up with Xanadu, the Toronto-based world leader in photonic quantum computing. The collaboration between the two Canadian organizations is designed to build a highly skilled future workforce that will drive economic growth in British Columbia […]
Xanadu Raises $100 Million To Build A Fault-tolerant Photonic Quantum Computer
Toronto’s Xanadu has raised a USD $100 million Series B financing round led by Bessemer Venture Partners and with participation from Capricorn, Tiger Global, BDC Capital, In-Q-Tel, along with returning investors Georgian, OMERS, and Tim Draper. Xanadu was founded in 2016 to use particles of light for quantum computing to perform extremely fast and previously […]