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D-Wave

D-Wave
1999 FOUNDED
PRIVATE STATUS
101-200 EMPLOYEES
Grant LATEST DEAL TYPE
$151K LATEST DEAL AMOUNT
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.

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 4M9
  • Canada

+1 (604) 000-0000
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D-Wave Valuation and Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
11. Grant 08-Dec-2017 $151K 00000 Completed Generating Revenue
10. Later Stage VC 24-Apr-2017 0000 00000 Completed Generating Revenue
9. Later Stage VC 02-Oct-2016 0000 00000 Completed Generating Revenue
8. Later Stage VC 01-Dec-2014 000.00 000.00 Completed Generating Revenue
7. Later Stage VC 12-Nov-2014 000.00 000.00 Completed Generating Revenue
6. Later Stage VC 08-Apr-2013 00.000 000.00 Completed Generating Revenue
5. Later Stage VC 04-Oct-2012 0000 000.00 Completed Generating Revenue
4. Later Stage VC (Series E) 25-Nov-2010 00.00 000.00 Completed Generating Revenue
3. Later Stage VC (Series C) 31-Jan-2008 0000 000.00 Completed Generating Revenue
2. Later Stage VC (Series B) 16-May-2006 $12.6M $12.6M Completed Generating Revenue
1. Early Stage VC (Series A) 01-Jan-2004 Completed Generating Revenue
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D-Wave Investors (22)

Investor Name Investor Type Holding Investor Since Participating Rounds Board
Seat
Contact
Info
Public Sector Pension Investment Board Asset Manager Minority 000 0000 000000 0
BDC Industrial, Clean and Energy Technology Venture Fund Venture Capital Minority 000 0000 000000 0
Matthew Ocko Angel (individual) Minority 000 0000 000000 0
Jeffrey Bezos Angel (individual) Minority 000 0000 000000 0
The Goldman Sachs Group Investment Bank Minority 000 0000 000000 0
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D-Wave Executive Team (14)

Name Title Board
Seat
Contact
Info
Vern Brownell Chief Executive Officer, President & Board Member
Robert Ewald President, D-Wave International
Dan Cohrs Ph.D Chief Financial Officer
Rene Copeland Director, Government Sales
Andy Mason Sales Director

3 Former Executives

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D-Wave Board Members (12)

Name Representing Role Since Contact
Info
Alexei Andreev Ph.D 180 Degree Capital Board Member 000 0000
David Campbell The Goldman Sachs Group Board Member 000 0000
Don Listwin Self Board Member 000 0000
Geoff Catherwood Business Development Bank of Canada Board Member 000 0000
George Hoyem In-Q-Tel Member of the Board of Observer 000 0000
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