# Xanadu

> Public photonic quantum-computing company developing hardware and PennyLane software.

## Why it is interesting

Its public filings show how actual equity-facility drawdowns differ from the maximum financing capacity announced.

## Profile

- **Latest funding:** Not publicly disclosed
- **Latest known valuation:** Not publicly disclosed
- **Total disclosed equity funding:** Not publicly disclosed
- **Stage:** public
- **Status:** public
- **Industries:** quantum-computing
- **Coverage:** full
- **Last updated:** 2026-10-26

## Funding history

- Q2 2026 public equity-facility drawdown disclosure · US$67.2M raised during Q2; not the US$300M facility ceiling · August 5, 2026
  Source: https://investors.xanadu.ai/news-releases/news-release-details/xanadu-announces-second-quarter-2026-results

## Related articles

- https://venturecapitaltracker.com/2026-quantum-computing-funding-landscape-investors-startups

**By:** [Venture Capital Tracker](https://venturecapitaltracker.com/editorial-policy)
**Last updated:** October 26, 2026

**Editorial note:** AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.

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Source: https://venturecapitaltracker.com/startup/xanadu