# Xanadu funding: rounds and investors > Xanadu has raised $341M across 3 rounds since 2018. Investors include Georgian, Radical Ventures and Ontario Municipal Employees Retirement System. Source: https://millionrounds.com/company/xanadu (Millionrounds; every figure on the page links to its filing or article) Canada · [Funded startup](https://millionrounds.com/companies) # Who invested in *Xanadu* 3 rounds we have observed, with the 11 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. Deeptech Raised 6 months ago Valuation: $1.0B, Mar 2026 Funding summary Updated 26 Oct 2026 **$341M** raised across 3 rounds since 2018, from 3 sources **$9.0M** Seed **$32M** Round **$300M** Round - **Latest round:** Round, $300M May 2026 - **Step-up i:** 9.4× - **Investors:** 11 (1 led) See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2018 2020 2022 2024 2026 **$9.0M** Seed **$32M** Round **$300M** Round - **First round:** Seed, $9.0M - **Biggest round:** $300M - **Usual gap between rounds:** 6.8 years ## The rounds - **May 2026** Round **$300M** *3 new* *2 returning* [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) [Georgian](https://millionrounds.com/fund/georgian) [Radical Ventures](https://millionrounds.com/fund/radical-ventures) Source recorded - **Jun 2019** Round **$32M** *6 new* [Ontario Municipal Employees Retirement System](https://millionrounds.com/fund/omers) Lead [SVB Capital](https://millionrounds.com/fund/svb-capital) [Real Ventures](https://millionrounds.com/fund/real-ventures-2) [Tim Draper](https://millionrounds.com/fund/tim-draper) [Georgian](https://millionrounds.com/fund/georgian) [Radical Ventures](https://millionrounds.com/fund/radical-ventures) Reported by Theglobeandmail - **May 2018** Seed **$9.0M** *2 new* Omers Ventures/ Golden Real Reported by FinSMEs ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Seed** 2018 **Round** 2019 **Round** 2026 [Georgian](https://millionrounds.com/fund/georgian) [Radical Ventures](https://millionrounds.com/fund/radical-ventures) [Ontario Municipal Employees Retirement System](https://millionrounds.com/fund/omers) L [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) [SVB Capital](https://millionrounds.com/fund/svb-capital) [Real Ventures](https://millionrounds.com/fund/real-ventures-2) [Tim Draper](https://millionrounds.com/fund/tim-draper) Omers Ventures/ Golden ## Everyone who backed them [Georgian](https://millionrounds.com/fund/georgian) VC firm **2** rounds [Radical Ventures](https://millionrounds.com/fund/radical-ventures) VC firm **2** rounds [Ontario Municipal Employees Retirement System](https://millionrounds.com/fund/omers) Institutional LP **1** round, led 1 [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) VC firm **1** round [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) VC firm **1** round [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) VC firm **1** round [SVB Capital](https://millionrounds.com/fund/svb-capital) VC firm **1** round [Real Ventures](https://millionrounds.com/fund/real-ventures-2) Family office **1** round [Tim Draper](https://millionrounds.com/fund/tim-draper) VC firm **1** round Omers Ventures/ Golden no record of our own yet **1** round Real no record of our own yet **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=xanadu). ## Also claim to have backed them These 5 firms list Xanadu as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above. [Real Ventures](https://millionrounds.com/fund/real-ventures) VC firm Per its own site [Daniel Debow](https://millionrounds.com/fund/daniel-debow) Angel Per its own site [Planet First Partners](https://millionrounds.com/fund/planet-first-partners) Growth equity Per its own site [Rep Matters Angel Network](https://millionrounds.com/fund/rep-matters-angel-network) VC firm Per its own site [XDL Capital Group](https://millionrounds.com/fund/xdl-capital-group) Private equity Per its own site ## Quick answers about Xanadu ### Who invested in Xanadu? Xanadu's investors include Georgian, Radical Ventures, Ontario Municipal Employees Retirement System, Alumni Ventures and Bessemer Venture Partners, and 6 more on record. ### How much has Xanadu raised? Xanadu has raised $341M across 3 rounds since 2018. ### When did Xanadu last raise? Xanadu's most recent round was an Undisclosed round of $300M in May 2026. ### What was Xanadu's biggest round? Its most recent round, $300M in May 2026, is also its largest on record. ### Who backed Xanadu first? Xanadu's first round on record, in May 2018, was backed by Omers Ventures/ Golden and Real. ### What stage is Xanadu at? Xanadu's latest named round is an Undisclosed round, in May 2026. ### Where is Xanadu based? Xanadu is based in Canada. ### Who led Xanadu's rounds? Ontario Municipal Employees Retirement System led the Undisclosed round in 2019. ## Companies like Xanadu In the same sector, and raised in the last eighteen months. [**Astrus** $20M · Sept 2026](https://millionrounds.com/company/astrus)[**LawZero** $215M · Sept 2026](https://millionrounds.com/company/lawzero)[**Meissner** $2.6M · Sept 2026](https://millionrounds.com/company/meissner)[**Sonus Microsystems** $2.1M · Oct 2025](https://millionrounds.com/company/sonus-microsystems)[**Phononic Vibes** $6.2M · Oct 2026](https://millionrounds.com/company/phononic-vibes)[**Kodama** $7.0M · Oct 2026](https://millionrounds.com/company/kodama) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app