$308M raised across 2 disclosed rounds.
Last updated · May 24, 2026, 5:30 PM UTC · RSS
| Date | Company | Amount | Round | Sector | Country | Lead investors |
|---|---|---|---|---|---|---|
| May 21, 26 | Quantum 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. | $8.0M | Series A | DeepTech | Canada | Primo Capital, Wayra, Cadenza VC+3 |
| May 21, 26 | Xanadu 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. | $300.0M | — | DeepTech | Canada | YA II PN Ltd. |
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