Company Profiles

driven by the PitchBook Platform

D-Wave

Description

Developer of quantum computing intended to sell quantum annealing algorithms and quantum computers. The company's processors develop quantum computing systems, operating on 128-qubit chipset using quantum annealing to solve optimization problems for commercial use in logistics, bioinformatics, life and physical sciences, quantitative finance and electronic design automation, providing users with customer support, site preparation, site installation, training packages, and on-site engineer support services.

1999

Founded

PRIVATE

Status

51-200

Employees

Later Stage VC

Latest Deal Type

$113M

Total Amount Raised

22

Investors

Description

Developer of quantum computing intended to sell quantum annealing algorithms and quantum computers. The company's processors develop quantum computing systems, operating on 128-qubit chipset using quantum annealing to solve optimization problems for commercial use in logistics, bioinformatics, life and physical sciences, quantitative finance and electronic design automation, providing users with customer support, site preparation, site installation, training packages, and on-site engineer support services.

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
Request a free trial to the PitchBook Platform
You're viewing a free company profile from the PitchBook Platform. To explore D-Wave's full profile, request a free trial.

D-Wave Valuation and Funding

Request access
Deal TypeDateAmountRaised to DatePost-ValStatusStage

D-Wave Investors (22)

Request access
Investor NameInvestor TypeHoldingInvestor SinceParticipating RoundsBoard
Seat
Contact
Info
180 Degree CapitalVenture CapitalMinority000 0000000 0000
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
180 Degree Capital Venture Capital
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

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, Corporate Affairs & Chief Operating Officer
Rene CopelandDirector, Government Sales
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, Corporate Affairs & Chief Operating Officer
Rene Copeland Director, Government Sales

D-Wave Board Members (10)

NameRepresentingRoleSinceContact
Info
Alexei Andreev Ph.D180 Degree CapitalVenture 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 180 Degree Capital
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
Request full access to PitchBook