D-Wave Systems

HardwareSeries DPalo Alto, USdwavesys.com

Latest round

Series D

Last raised

Oct 2012

Total raised

$61M

Investors

12

About D-Wave Systems

Based in Canada, D-Wave Systems Inc.Founded in 1999 and headquartered in Palo Alto, US, D-Wave Systems Inc. focuses on quantum computing technologies.00 mn.D-Wave Quantum specializes in practical quantum computing solutions, primarily offering its Advantage™ quantum computer and the Leap™ quantum cloud service. The Advantage™ system is designed for business and research applications, enabling users to solve complex optimization challenges rapidly, where traditional supercomputers would take an impractical amount of time. Key use cases include workforce scheduling, production scheduling, vehicle routing, and resource optimization, making it relevant across various industries such as manufacturing, logistics, and public sector services. The Leap™ service provides real-time access to D-Wave's quantum computing capabilities via a cloud-based platform, catering to a global clientele that includes enterprises and research institutions seeking to leverage the power of quantum technology for operational excellence.D-Wave Quantum generates revenue primarily through its subscription-based Leap™ quantum cloud service and partnerships with enterprises that utilize its Advantage™ quantum computer for specialized applications. Clients engage in structured transactions where they subscribe to access quantum computing resources, with pricing models reflecting the scale and complexity of the services utilized. The company's revenue streams are bolstered by the Launch Program, which guides enterprises through problem discovery to production implementation, further establishing long-term client relationships. D-Wave's model emphasizes B2B transactions, targeting businesses and research entities that require high-performance computing solutions for intricate problem-solving.D-Wave Systems Inc. The company is focused on the development of new quantum computing products aimed at addressing specific client needs. This initiative aligns with D-Wave's strategy to enter new geographic markets, including increased penetration in Europe and Asia, by the end of the next fiscal year. In March 2026, D-Wave Systems Inc.

Who invested in D-Wave Systems

12 investors across 4 rounds

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Funding rounds

  1. Series D

    Oct 4, 2012

    Amount

    $7.2M

    Investors

    Locked

  2. Series D

    Aug 13, 2012

    Amount

    $23M

    Investors

    Locked

  3. Series C

    Jan 31, 2008

    Amount

    $17M

    Investors

    Locked

  4. Series B

    May 16, 2006

    Amount

    $14M

    Investors

    Locked

Questions about D-Wave Systems

Who invested in D-Wave Systems?

D-Wave Systems has 12 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has D-Wave Systems raised?

D-Wave Systems has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did D-Wave Systems last raise money?

D-Wave Systems's most recent round on record is a Series D, in Oct 2012.

What does D-Wave Systems do?

Based in Canada, D-Wave Systems Inc.

Where is D-Wave Systems headquartered?

D-Wave Systems is headquartered in Palo Alto, US.

Which VCs invest in companies like D-Wave Systems?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back hardware companies at D-Wave Systems's stage. Their profiles are linked below.

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