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U of T-supported startup Xanadu aims to lead quantum computing sector

Xanadu-Lab

Quantum computing is one of the fastest-growing tech sectors in the world – and Toronto startup Xanadu Quantum Technologies is among the companies leading the way. The company recently received $40M in federal funding, and is focused on research in quantum computing technology.

Founded by Christian Weedbrook, a former post-doctoral researcher in the Department of Physics, Xanadu is working on building the world’s first photonic-based, fault-tolerant quantum computer that is capable of solving queries faster than a supercomputer. This process uses the unique properties of subatomic particles to deliver an exponential increase in computational power. Xanadu’s system generates quantum effects on computer chips by firing lasers at room temperature, which makes the architecture less demanding on cryogenics.

Some of the practical applications of Xanadu’s work include the discovery of new pharmaceutical drugs, financial risk modelling, and climate change mitigation.

Ilan Tzitrin, a lead quantum architecture scientist at Xanadu, graduated with a PhD in physics at U of T with supervisor Prof. Hoi-Kwong Lo. Ilan credits his education in physics, including his quantum optics courses, for his path in joining an innovative startup like Xanadu. U of T Physics faculty such John Sipe and Hoi-Kwong Lo continue to collaborate with Xanadu, which now employs more than 160 staff.

For more information, see: U of T-supported startup Xanadu aims to lead quantum computing sector (utoronto.ca)