D-Wave Stock

dwavesys.comTechnology HardwareFounded: 1999Funding to Date: $190.98MM

D-Wave provider of quantum computing systems and software and developer world’s only commercial supplier of quantum computers.

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Team

Management Team

Dan Cohrs Ph.D
Chief Financial Officer
Alan Baratz
Chief Executive Officer
Vern Brownell
Chief Executive Officer, President & Board Member
Chief Financial Officer
Co-Founder and Chief Scientist

Board Members

Anik Lanthier
Geoff Catherwood
Business Development Bank of Canada
Philippe St-Jean
Vern Brownell
Donald Listwin JD
George Hoyem
In-Q-Tel
Steve Jurvetson
Draper Fisher Jurvetson Management
V. Paul Lee
Vanedge Capital
François Lachance
Haig Farris JD
Rolf Dekleer
PenderFund Capital Management
Steven West

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News

D-Wave said it expects to raise up to $340M in gross proceeds from the deal, including a $40M private placement in public equity from PSP Investments, Goldman Sachs Asset Management, NEC Corporation, Yorkville Advisors and Aegis Group Partners.
Quantum computing firm D-Wave Systems Inc said on Tuesday it had agreed to go public by merging with blank-check company DPCM Capital in a deal that values the combined company at nearly $1.6 billion.
For more than 20 years, D-Wave has been synonymous with quantum annealing. Its early bet on this technology allowed it to become the world’s first company to sell quantum computers, but that also somewhat limited the real-world problems its hardware could solve, given that quantum annealing w…