Datapile · Country

Canada funding

$308M raised across 2 disclosed rounds.

Last updated · May 24, 2026, 5:30 PM UTC · RSS

Total raised
$308.0M
Rounds
2
Countries
1
2 results
Cumulative USD raised · weekly
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DateCompanyAmountRoundSectorCountryLead investors
May 21, 26Quantum Bridge Technologies
Quantum Bridge Technologies is a Toronto-based startup that specializes in quantum-safe encryption methods. The company aims to protect organizations from future quantum computing threats by providing a decentralized architecture for symmetric key management. Their recent funding will help scale their Distributed Symmetric Key Establishment (DSKE) protocol, enhancing cryptographic resilience.
$8.0MSeries ADeepTechCanadaPrimo Capital, Wayra, Cadenza VC+3
May 21, 26Xanadu Quantum Technologies Ltd.
Xanadu Quantum Technologies Ltd. is a Toronto-based startup focused on quantum computing. The company has secured a deal to raise up to $300 million through an equity facility, allowing it to issue shares opportunistically based on market conditions.
$300.0MDeepTechCanadaYA II PN Ltd.
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Canada startup funding · $308M across 2 rounds | Datapile