Xanadu Receives a $100 Million (USD) Series B Investment

The round was led by  Bessemer Venture Partners with additional participation from Capricorn, Tiger Global, BDC Capital, In-Q-Tel and returning investors Georgian, OMERS, and Tim Draper. This follows previous investments in Xanadu of $45 Million USD. Xanadu, based in Toronto, Canada, is developing a photonic quantum processor and also provide the hardware agnostic Pennylane software package […]

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