D-Wave Systems

About

D-Wave Systems designs and manufactures quantum computing and superconducting electronics.

Burnaby,British Columbia,Canada
101 - 250
http://www.dwavesys.com

Highlights

Details

Last Funding Type: Grant
Last Funding Money Raised: $2.80M
Industries: Electronics,Manufacturing,Quantum Computing,Semiconductor
Founded date: Jan 1, 1999
Number Of Employee: 101 - 250
Operating Status: Active
Stock Symbol: nyse:QBTS
Legal Name: D-Wave Systems, Inc.
Also Known As: D-Wave Quantum

D-Wave provides development and delivery of quantum computing systems, software and services, and is the world’s first commercial supplier of quantum computers—and the only company building both annealing quantum computers and gate-model quantum computers. Our mission is to unlock the power of quantum computing today to benefit business and society.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

23

$547.57M $59.23M

D-Wave Systems has raised a total of $547.57M $59.23M in funding over 2 rounds. Their latest funding was raised on Aug 23, 2022 from a Grant round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Aug 23, 2022	Grant	$2.80M	1	SCALE AI	—	Detail
Aug 8, 2022	Post-IPO Equity	$40M	5	—	—	Detail
Aug 8, 2022	IPO	$300M	—	—	—	Detail
Mar 11, 2021	Grant	$40M	1	Government of Canada	—	Detail
Dec 11, 2019	Series Unknown	$10M	1	—	—	Detail

Investors

Number of Lead Investors

Number of Investors

8

25

D-Wave Systems is funded by 25 investors. SCALE AI and Government of Canada are the most recent investors.

Investor Name	Lead Investor	Funding Round
SCALE AI	Yes	Grant
Government of Canada	Yes	Grant
Canadian Government	Yes	Grant
Fidelity	Yes	Series Unknown
Aegis Group Partners	—	Post-IPO Equity
Goldman Sachs Asset Management	—	Post-IPO Equity
NEC Corporation	—	Post-IPO Equity
PSP Investments	—	Post-IPO Equity
Yorkville Advisors	—	Post-IPO Equity
PenderFund Capital Management	—	Secondary Market