Xanadu Quantum Technologies

The Worldwide Enterprise Quantum Computing Industry is Projected to Reach $11.4 Billion by 2027

Retrieved on: 
Tuesday, July 5, 2022

The Global Enterprise Quantum Computing Market is estimated to be USD 2.74 Bn in 2022 and is projected to reach USD 11.45 Bn by 2027, growing at a CAGR of 33.1%.

Key Points: 
  • The Global Enterprise Quantum Computing Market is estimated to be USD 2.74 Bn in 2022 and is projected to reach USD 11.45 Bn by 2027, growing at a CAGR of 33.1%.
  • Market dynamics are forces that impact the prices and behaviors of the Global Enterprise Quantum Computing Market stakeholders.
  • The report presents a detailed Ansoff matrix analysis for the Global Enterprise Quantum Computing Market.
  • The report offers a comprehensive evaluation of the Global Enterprise Quantum Computing Market.

Quantum Computing Startup Multiverse Computing Closes €10 Million Investment Round

Retrieved on: 
Wednesday, October 20, 2021

Multiverse Computing , the first quantum computing startup dedicated to finance, today announced it has closed a seed funding round of 10 million (USD $11.55 million).

Key Points: 
  • Multiverse Computing , the first quantum computing startup dedicated to finance, today announced it has closed a seed funding round of 10 million (USD $11.55 million).
  • Multiverse Computing developed its flagship product Singularity for companies in the financial industry seeking a strong competitive advantage by applying quantum computing solutions.
  • "We believe Multiverse Computing will be a global leader in the quantum computing industry, Lizaso said.
  • The team's experience in both traditional and quantum computing means that Multiverse Computing can push the latest devices to the limit.

Xanadu closes $100M USD Series B to build a fault-tolerant photonic quantum computer

Retrieved on: 
Tuesday, May 25, 2021

TORONTO, May 25, 2021 /PRNewswire/ - Xanadu ( https://xanadu.ai ),the world leader in photonic quantum computing, has announced it has raised $100M USD in Series B financing.

Key Points: 
  • TORONTO, May 25, 2021 /PRNewswire/ - Xanadu ( https://xanadu.ai ),the world leader in photonic quantum computing, has announced it has raised $100M USD in Series B financing.
  • Xanadu was founded in 2016 to use particles of light for quantum computing to perform extremely fast and previously impossible computations at room temperature.
  • Over the last few years, Xanadu has consistently doubled its qubit count and made their quantum computers available over the Xanadu Cloud, which is the world's first photonic quantum cloud platform.
  • anadu is a Canadian quantum technology company with the mission to build quantum computers that are useful and available to people everywhere.