D-Wave Stock

dwavesys.comElectronicsFounded: 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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Enterprise Value (based on primary financings)

Enterprise Value

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Team

Management Team

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

Board Members

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

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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…