Best Quantum Computing Companies in Canada
The 38 best Quantum Computing companies in Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Xanadu.
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Ranked: Best Quantum Computing companies in Canada
| # | Company | Disclosed funding | Last round | Stage | Employees | Founder | Tech stack | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Xanadu 🦄 Manufacturer of cloud and AI-based application-specific ICs for quantum computing applications 84Funding top 12%Moat top 26%Growth top 28%AI top 35% All 8 signals ▾Fundingtop 12% Moattop 26% Growthtop 28% AItop 35% Talenttop 35% Markettop 38% Techtop 38% Globalbottom 39% Funding: Raised $250M across 9 rounds · 9 rounds over 8 yrs (1.1/yr) Moat: Editorial + unicorn rating 9/10 · Unicorn rank vs industry peers · Fliar Intelligence Index 84/100 | $250M | 6 mo ago | Public | 188 | Christian Weedbrook Founder & CEO | DrupalPHPYouTube+23 | — | 1 job opening · 1 partnership |
| 2 | Photonic Provider of silicon integrated photonics and quantum optics 91Patents top 13%Funding top 14%AI top 15%Innovation top 21% All 11 signals ▾Patentstop 13% Fundingtop 14% AItop 15% Innovationtop 21% Talenttop 22% Growthtop 25% Newstop 29% Techtop 34% Moattop 41% Markettop 48% Globalbottom 45% Patents: 143 patents matched (strict assignee match) · 132 filings since 2022 vs 11 in 2017-21 Funding: Raised $140M across 4 rounds · 4 rounds over 3 yrs (1.3/yr) rank vs industry peers · Fliar Intelligence Index 91/100 | $140M | 4 mo ago | Series D | 120 | Stephanie Simmons Founder & Chief Quantum Officer | WordPressApple iCloud MailMicrosoft 365+27 | 143 patents Solid-state quantum photonics and hardware for qubit control, error correction, and sensing | 1 job opening · 1 award |
| 3 | 1QBit Hardware-agnostic platform for quantum computing | $45M | 98 mo ago | Series B | 69 | — | WordPressApple iCloud MailGoogle Workspace+22 | — | — |
| 4 | BTQ Provider of a platform offering post-quantum blockchain scaling solution 48Funding top 31%Growth top 32%Talent top 38%Moat top 48% All 7 signals ▾Fundingtop 31% Growthtop 32% Talenttop 38% Moattop 48% Techbottom 48% Marketbottom 35% Globalbottom 25% Funding: Raised $36.3M across 2 rounds · 2 rounds over 2 yrs (1.0/yr) Growth: Web rank 50,000,000 → 10,000,000 YoY · 1 acquisition/expansion move in 24 mo rank vs industry peers · Fliar Intelligence Index 48/100 | $36M | 14 mo ago | Public | 27 | Olivier Newton CEO | Node.jsTailwind CSSReact+9 | — | 1 launch |
| 5 | Anyon Systems Computation tools and simulations to design the hardware for quantum computers 62AI top 15%Patents top 20%Innovation top 26%Moat top 32% All 9 signals ▾AItop 15% Patentstop 20% Innovationtop 26% Moattop 32% Growthtop 35% Fundingtop 41% Techtop 49% Globalbottom 35% Marketbottom 29% AI: Holds AI/ML patents (G06N-family CPC) Patents: 65 patents matched (strict assignee match) · 49 filings since 2022 vs 16 in 2017-21 rank vs industry peers · Fliar Intelligence Index 62/100 | $17M | 8 mo ago | Funding Raised | 24 | — | TurbopackApple iCloud MailMicrosoft 365+10 | 65 patents Cryogenic hardware and control systems for scalable quantum computing platforms | 2 launchs · 1 expansion |
| 6 | Quantum eMotion Developer of quantum random number generators and quantum-safe cybersecurity solutions | $17M | 15 mo ago | Public | — | Francis Bellido CEO | Node.jsTailwind CSSNext.js App Router+16 | 7 patents Secure blockchain wallet operation and hardware-based cryptographic key/random number generation | 1 expansion |
| 7 | ISARA Post-quantum encryption-based data security solution | $10M | 30 mo ago | Series A | 32 | — | BootstrapAmazon Web ServicesApache HTTP Server+19 | 69 patents Multi-key root certificate authorities and crypto‑agile PKI infrastructure solutions | 1 award |
| 8 | Agnostiq Provider of a quantum computing development platform | $9M | 41 mo ago | Acquired | 20 | Oktay Goktas Co-Founder | — | 3 patents Secure hybrid quantum‑classical workflow execution on advanced computing platforms | — |
| 9 | Quantum Bridge Technologies Provider of quantum computing technology for communication applications 32Funding top 37%Moat top 38%Innovation top 40%Patents top 44% All 8 signals ▾Fundingtop 37% Moattop 38% Innovationtop 40% Patentstop 44% Talentbottom 49% Techbottom 47% Globalbottom 39% Marketbottom 23% Funding: Raised $8.7M across 2 rounds · 2 rounds over 3 yrs (0.7/yr) Moat: Editorial + unicorn rating 4/10 · IP moat: 9 patents rank vs industry peers · Fliar Intelligence Index 32/100 | $9M | 3 mo ago | Series A | 15 | Mattia Montagna Co-Founder & CEO | WordPressMySQLPHP+21 | 9 patents Secure quantum key distribution and management within cryptographic network infrastructures. | — |
| 10 | Nord Quantique Manufacturer of superconducting qubits 50AI top 15%Innovation top 28%Patents top 32%Funding top 35% All 10 signals ▾AItop 15% Innovationtop 28% Patentstop 32% Fundingtop 35% Moattop 38% Talentbottom 49% Techbottom 39% Globalbottom 39% Marketbottom 25% Newsbottom 18% AI: Holds AI/ML patents (G06N-family CPC) Innovation: 27 patents (top 44% of patent-holders) · 27 filings since 2022 vs 0 in 2017-21 rank vs industry peers · Fliar Intelligence Index 50/100 | $7M | 3 mo ago | Series A | 10 | Julien Camirand Lemyre Chief Executive Officer | Apple iCloud MailMicrosoft 365GSAP+11 | 27 patents Error mitigation and fault‑tolerant architectures for superconducting quantum processors | — |
| 11 | evolutionQ Provider of quantum-safe cybersecurity software solutions 37Patents top 38%Moat top 38%Innovation top 41%Talent top 41% All 8 signals ▾Patentstop 38% Moattop 38% Innovationtop 41% Talenttop 41% Fundingtop 45% Techbottom 47% Globalbottom 40% Marketbottom 33% Patents: 15 patents matched (strict assignee match) · 13 filings since 2022 vs 2 in 2017-21 Moat: Editorial + unicorn rating 4/10 · IP moat: 15 patents rank vs industry peers · Fliar Intelligence Index 37/100 | $6M | 19 mo ago | Series A | 33 | Michele Mosca Co-Founder & CEO | Webflowlit-htmlcore-js+16 | 15 patents Quantum key distribution network routing, buffering, and multimodal cryptographic protocols. | — |
| 12 | Quantropi Provider of quantum cryptography-based secure communication solutions 42Product top 32%Funding top 39%Patents top 39%Partners top 42% All 11 signals ▾Producttop 32% Fundingtop 39% Patentstop 39% Partnerstop 42% Newstop 43% Innovationtop 44% Growthtop 45% Moattop 45% Techtop 49% Marketbottom 38% Globalbottom 36% Product: 3 distinct product lines · Company stage: Acquired Funding: Raised $4.5M across 9 rounds · 9 rounds over 2 yrs (4.5/yr) rank vs industry peers · Fliar Intelligence Index 42/100 | $5M | 4 mo ago | Acquired | 33 | — | WebflowElementorWordPress+30 | 34 patents Post‑quantum cryptography and secure random number generation for digital communications. | — |
| 13 | ProteinQure Provider of computational protein drug design platform 53Talent top 28%AI top 30%Innovation top 36%Product top 36% All 10 signals ▾Talenttop 28% AItop 30% Innovationtop 36% Producttop 36% Moattop 37% Patentstop 38% Fundingtop 46% Techbottom 45% Globalbottom 40% Marketbottom 29% Talent: Analyst team rating 4/5 · 4 named leaders on record AI: Classified as an AI company · Product described with: artificial intelligence rank vs industry peers · Fliar Intelligence Index 53/100 | $4M | 15 mo ago | Series A | 18 | Tomas Babej Cofounder and Chief Technology Officer | WordPressProton MailApple iCloud Mail+13 | 9 patents Receptor‑mediated peptide therapeutics targeting sortilin and NPR‑C for targeted drug delivery | 1 job opening |
| 14 | Qindom Provider of quantum computing solutions for software development | $2M | 97 mo ago | Seed | — | Yao Wang Co-Founder | — | — | — |
| 15 | Quantum Numbers Cryptographic solutions for secure communication | $2M | 67 mo ago | Public | — | — | — | 26 patents Hardware and software random number generation for cryptographic bitstream production | — |
| 16 | Quantum Benchmark Software solutions for analysis and verification of quantum hardware | $1M | — | Acquired | 13 | — | — | 8 patents Improving quantum processor fidelity through crosstalk mitigation and randomized benchmarking techniques. | — |
| 17 | AuroraQ Developer of quantum computing components | $150K | 87 mo ago | Seed | — | Mohammadreza Rezaee Co-Founder & CTO | — | — | — |
| 18 | infinityQ Manufacturer of quantum computing chips | $100K | 55 mo ago | Seed | 12 | Aurélie Hélouis CEO & Founder | — | — | — |
Top 12 Quantum Computing companies in Canada
#1
Xanadu 🦄Public · Toronto, Ontario · founded 2016 · 188 employees$250Mraised▾
Manufacturer of cloud and AI-based application-specific ICs for quantum computing applications. It develops a quantum photonic processor and an open-source software platform. Its photonic-powered quantum processor chips are developed using squeezed light (fluctuation in light behaviour at the quantum level) concept for better calculations and computing speeds. It has developed open-source software that also includes a new quantum computing language, which is a dedicated machine learning platform for quantum computers.
- Mar 2026Grant (prize money)$2M
- Feb 2024Conventional Debt$2.8M
- Feb 2023Grant (prize money)$30M
- Nov 2022Series C$100M
#2
Series D · Coquitlam, British Columbia · founded 2013 · 120 employees$140Mraised▾
Provider of silicon integrated photonics and quantum optics. The company offers a transistor for integrated circuits microprocessor chips making them capable of holding multiple qubits. It also provides solutions for qubit performance, telecom networking, and silicon’s manufacturing scale, photonic’s silicon spin qubits materialize solutions for previously intractable problems.
- May 2026Series D$70M
- Jan 2026Series D$131M
- Dec 2025Grant (prize money)$16.7M
- Nov 2023Series C$100M
#3
Series A · Sherbrooke, Quebec · founded 2020 · 10 employees$7.5Mraised▾
Manufacturer of superconducting qubits. It designs and develops bosonic code-enabled superconducting circuits that can alleviate errors on every individual qubit. It facilitates the development of error-correcting quantum computing technology.
- May 2026Series A$30M
- Feb 2022Seed$7.5M
- Grant (prize money)$5M
- Grant (prize money)$16M
#4
Series A · Toronto, Ontario · founded 2019 · 15 employees$8.7Mraised▾
Provider of quantum computing technology for communication applications. It designs and develops quantum key infrastructure systems that integrate with existing symmetric encryption modules. Its product portfolio includes a QKI gateway for protecting local area networks, a small-sized QKI gateway to protect small offices, and operators for key distribution systems. It has applications in the government, defence, critical infrastructure, telecommunication, and cybersecurity sectors.
- May 2026Series A$8M
- Aug 2024Seed—
- May 2023Grant (prize money)$665.2K
#5
Acquired · Ottawa, Ontario · founded 2018 · 33 employees$4.5Mraised▾
Provider of quantum cryptography-based secure communication solutions. It offers quantum cryptography-based encryption solutions for protecting data and securing communications. The features include file encryption, drag, and drop encryption and decryption, file access controls, etc.
- Apr 2026Seed$1.2M
- Dec 2025Seed$50K
- May 2025Seed$750K
- Oct 2024Seed$458.8K
#6
Funding Raised · Montreal, Montreal · founded 2014 · 24 employees$16.7Mraised▾
Anyon Systems works in developing computation tools and simulations, using supercomputers, to help design the hardware for quantum computers. The company is working with Google to create 20-qubit quantum computers, and is in parallel working on developing 50-qubit also. Government of Canada invested $33.5 million in Anyon Systems' major academic partner, University of Sherbrooke.
- Dec 2025Grant (prize money)$16.7M
#7
Public · Vancouver, British Columbia · founded 1998 · 27 employees$36.3Mraised▾
Provider of a platform offering post-quantum blockchain scaling solution. It is combining software and hardware to safeguard assets with post-quantum services and solutions.
- Jul 2025Post IPO$29.3M
- Dec 2024Post IPO$7M
#8
Public · Montreal, Quebec · founded 2007$16.5Mraised▾
Developer of quantum random number generators and quantum-safe cybersecurity solutions. The company provides high-throughput QRNG technology for encryption. It offers an entropy-as-a-service platform, enabling web-based applications to use quantum randomness for cybersecurity. The company's technology portfolio includes QRNG2, Sentry-Q, eWallet, and QxEaaS, designed to enhance data security and protect against cyberattacks. The company focuses on providing solutions for healthcare, finance, government, and other sectors.
- May 2025Post IPO$8.7M
- Feb 2025Post IPO$7M
- Mar 2024Post IPO$750K
#9
Series A · Toronto, Ontario · founded 2017 · 18 employees$4Mraised▾
Provider of computational protein drug design platform. It predicts the protein folds using hybrid quantum algorithms and performs molecular simulations on GPU superclusters. It designs peptide-based therapeutics using quantum computing, artificial intelligence, and molecular dynamics simulations. Additionally, it uses AlphaGo to train a model and impart reinforced learning which facilitates protein drug designing. It claims to have multiple features including more binding sites, fewer side effects, and easy synthesizing and lab testing.
- May 2025Series A$11M
- Feb 2024Seed—
- Jul 2019Seed$4M
#10
Series A · Waterloo, Ontario · founded 2015 · 33 employees$5.5Mraised▾
Provider of quantum-safe cybersecurity software solutions. It offers software products for building and simulating quantum key distribution (QKD) networks, protecting against quantum computing threats. These solutions integrate post-quantum cryptography (PQC) and QKD to provide defense-in-depth security. Additionally, it provides quantum risk assessments and strategic consulting services to help organizations prepare for the quantum computing era. The company's offerings are designed to be scalable and adaptable to various network environments.
- Feb 2025Series A$549.1K
- Jun 2022Series A$5.5M
#11
Series A · Waterloo, Ontario · founded 2015 · 32 employees$10Mraised▾
Post-quantum encryption-based data security solution. Product IQR Toolkit is a solution for preventing quantum computer attacks on encrypted data. Implements cryptographic algorithms via a library with a C language interface to be deployed on commercial solutions as a drop-in algorithm replacement.
- Feb 2024Series A—
- Jan 2023Grant (prize money)$73.3K
- Apr 2019Grant (prize money)$7.2M
- Nov 2018Series A$10M
#12
Acquired · Toronto, Ontario · founded 2018 · 20 employees$8.9Mraised▾
Provider of a quantum computing development platform. It offers software for quantum computers, quantum computing applications, quantum obfuscation privacy tools, and multi-cloud support to help organizations solve critical tasks.
- Apr 2023Seed$6.1M
- May 2021Seed$2M
- Seed$830K
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Quantum Computing coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Quantum Computing is moving in Canada
A read on the academic research around Quantum Computing — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 1,238 Canada-affiliated papers.
- University of Waterloo318
- Perimeter Institute193
- University of Toronto117
- Université de Sherbrooke108
- Canadian Institute for Advanced Research85
- Qubit85→284
- Quantum computer46→206
- Quantum algorithm18→109
- Quantum error correction9→51
- Algorithm10→51
- Qubit31→131
- Quantum computer13→92
- Quantum algorithm5→40
- Quantum mechanics5→27
- Quantum entanglement7→28
- Quantum computer6→29
- Qubit7→27
- Quantum algorithm3→13
- Computation1→6
- Quantum information1→4
Where quantum computing is researched across Canada
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.
Who's filing quantum computing patents in Canada
Canada quantum computing patent filing is accelerating — 1,287 filings from 565 assignees (2016–2025), led by D WAVE Systems, Dwave SYS, 1QB INF TECH; annual filings 55→183.
- D WAVE Systems458
- Dwave SYS288
- 1QB INF TECH106
- Photonic95
- NAT RES Council Canada69
- Xanadu Quantum TECH66
- 1QB Information TECH66
- 1372934 B C56
Common questions
Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.