Home > Companies > D-Wave

D-Wave

Quantum-Processors β€’ Quantum-Cloud β€’ Canada
1999
Founded
Canada
Country
Public
Status
$1025M
Total Raised

About D-Wave

D-Wave

D-Wave Systems pioneered commercial quantum computing as the world’s first company to sell quantum computers, specializing in quantum annealing systems for optimization problems with their latest Advantage system featuring over 5,000 qubits with 15-way connectivity, serving 133 total customers including Lockheed Martin (since 2010), Google/NASA (since 2013), BASF, Deloitte, and MasterCard through their Leap cloud platform, demonstrating quantum advantage in applications across logistics, scheduling, machine learning, and financial modeling with over 150 customer-developed applications.

Company Information

  • Founded: 1999
  • Country: Canada
  • Website: https://dwavesys.com
  • Categories: quantum processors, quantum cloud

Key People

Geordie Rose (Co-founder), Eric Ladizinsky (Co-founder), Haig Farris (Co-founder), Alan Baratz (CEO)

Investment Information

  • Status: public
  • Ticker: QBTS
  • Total Raised: $1025M
  • Market Cap: $5.3B (September 2025)
  • Last Valuation: $5.34B

Recent Funding Rounds

  • 2022-08-08: ipo - $300M - NYSE listing through SPAC merger with DPCM Capital
  • 2025-01-15: strategic - $400M - At-the-market equity offering completion
  • 2024-12-12: strategic - $175M - At-the-market equity offerings completion
  • 2024-01-23: strategic - $150M - At-the-market equity offering at $6.10 per share

Explore other quantum computing companies in similar categories or regions.

← Back to All Companies

Company Information

πŸ“…

Founded

1999

🌍

Country

Canada

🌐
🏷️

Categories

Quantum-Processors, Quantum-Cloud

Investment Information

πŸ“Š

Status

Public

πŸ“ˆ

Ticker

QBTS

πŸ’°

Total Raised

$1025M

🏦

Market Cap

$5.3B (September 2025)

4 funding rounds tracked. View detailed investment history β†’

Key People

Geordie Rose (Co-founder), Eric Ladizinsky (Co-founder), Haig Farris (Co-founder), Alan Baratz (CEO)

⚠️ Important Disclaimer

Information for Educational Purposes Only: All information about D-Wave is provided for informational and educational purposes only. This is not investment, financial, or professional advice.

No Warranties: While we strive for accuracy, Quantum Zeitgeist makes no warranties regarding the accuracy, completeness, or timeliness of company information. The quantum technology industry evolves rapidly, and information may become outdated.

No Endorsement: Inclusion in Quantum Navigator does not constitute an endorsement, recommendation, or verification of D-Wave's claims, technology, or business viability.

Do Your Own Research: Always conduct independent due diligence and consult qualified professionals (financial advisors, lawyers, etc.) before making investment, business, or career decisions.

For more information, see our Terms of Service and Privacy Policy.

← Back to Company Directory