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D-Wave

Description

Developer of processors for quantum annealing algorithms. The company develops quantum computing systems for commercial use in logistics, bioinformatics, life and physical sciences, quantitative finance and electronic design automation.

1999

Founded

PRIVATE

Status

51-200

Employees

Later Stage VC

Latest Deal Type

$113M

Total Amount Raised

20

Investors

Description

Developer of processors for quantum annealing algorithms. The company develops quantum computing systems for commercial use in logistics, bioinformatics, life and physical sciences, quantitative finance and electronic design automation.

Website:

www.dwavesys.com

Ownership Status

Privately held (backing)

Financing Status

Venture Capital-Backed

Primary Industry

Computers, Parts and Peripherals

Other Industries

Electronic Components

Primary Office

3033 Beta Avenue Burnaby, British Columbia V5G 4M9Canada +1 (604) 630-1428
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D-Wave Valuation and Funding

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Deal TypeDateAmountRaised to DatePost-ValStatusStage

D-Wave Investors (20)

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Investor NameInvestor TypeHoldingInvestor SinceParticipating RoundsBoard
Seat
Contact
Info
BDC Healthcare Venture FundVenture CapitalMinority000 0000000 0000
BDC Industrial, Clean and Energy Technology Venture FundVenture CapitalMinority000 0000000 0000
Bezos ExpeditionsFamily OfficeMinority000 0000000 0000
British Columbia Investment ManagementAsset ManagerMinority000 0000000 0000
Business Development Bank of CanadaVenture CapitalMinority000 0000000 0000
BDC Healthcare Venture Fund Venture Capital
BDC Industrial, Clean and Energy Technology Venture Fund Venture Capital
Bezos Expeditions Family Office
British Columbia Investment Management Asset Manager
Business Development Bank of Canada Venture Capital

D-Wave Executive Team (12)

NameTitleBoard
Seat
Contact
Info
Vern BrownellChief Executive Officer, President & Board Member
Robert EwaldPresident, D-Wave International
Dan Cohrs Ph.DChief Financial Officer
Warren WallExecutive Vice President & Chief Operating Officer
Geordie Rose Ph.DCo-Founder & Chief Technology Officer
Vern Brownell Chief Executive Officer, President & Board Member
Robert Ewald President, D-Wave International
Dan Cohrs Ph.D Chief Financial Officer
Warren Wall Executive Vice President & Chief Operating Officer
Geordie Rose Ph.D Co-Founder & Chief Technology Officer

D-Wave Board Members (10)

NameRepresentingRoleSinceContact
Info
Alexei Andreev Ph.DHarris & Harris GroupVenture Partner000 0000
David CampbellThe Goldman Sachs GroupManaging Director, Merchant Banking Division000 0000
Don ListwinSelfAngel (individual)000 0000
Geoff CatherwoodBusiness Development Bank of CanadaPartner, Industrial Clean & Energy Fund000 0000
Haig Farris JDSelfBoard Member000 0000
Alexei Andreev Ph.D Venture Partner Harris & Harris Group
David Campbell Managing Director, Merchant Banking Division The Goldman Sachs Group
Don Listwin Angel (individual) Self
Geoff Catherwood Partner, Industrial Clean & Energy Fund Business Development Bank of Canada
Haig Farris JD Board Member Self
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