Xanadu strikes deal to raise US$300-million as quantum stocks soar on separate U.S. funding program
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Article Excerpt
Xanadu strikes deal to raise up to $300-million from investment firm with ties to Trump family
SEAN SILCOFF
TECHNOLOGY REPORTER
PUBLISHED MAY 21, 2026
Open this photo in gallery:
A person works inside Xanadu's Toronto office in September, 2025.
FRED LUM/THE GLOBE AND MAIL
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Xanadu Quantum Technologies Ltd. XNDU-T +10.07%
increase
has struck a deal to raise up to US$300-million from an affiliate of a New Jersey investment firm with strong ties to the fami…
Read full article at The Globe and Mail ↗
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