Reports: Xanadu Quantum Technologies Set to Raise $100 Million, Leading to Estimated $400 Million Valuation

A flurry of reports suggest that U.S. venture capital giant Bessemer Venture Partners will lead an investment group in a $100-million (US) funding of Canadian startup Xanadu Quantum Technologies Inc., according to the Globe and Mail. The Globe and Mail’s sources also said that the deal would value Xanadu, which is headquartered in Toronto, at […]