Xanadu, a Photonics-Based Quantum Computing Company, Is in the Midst of a Funding Round of $100–200 Million

The CEO of Xanadu, a Canadian photonics-based quantum computing company, has revealed that the company is in the midst of a funding round of $100-200 million. The financing, whose participants may all be from Canadian institutions, is expected to close by the end of this year or early next year.

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