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D-Wave

DeepPublic

The quantum computing company

🌐 www.dwavesys.comLinkedInX / Twitter📍 BCEst. 1999👥 201-500 employees
0Rounds
7Articles
General InformationD-Wave Systems is a Canadian quantum computing company founded in 1999, headquartered in Burnaby, British Columbia, with approximately 300+ employees, pioneering quantum annealing technology for enterprise applications.
Funding & FinancialsD-Wave went public via reverse merger in 2021 and has raised over $200 million across multiple funding rounds, with strategic investors including Bezos Expeditions, Goldman Sachs, and In-Q-Tel.
Leadership & TeamCEO Alan Baratz has led D-Wave since 2014; the company was founded by Geordie Rose and is supported by a technical team with expertise in quantum physics and optimization algorithms.
Recent ActivityD-Wave released the Advantage2 quantum processor prototype in 2023, expanding qubit count and improving performance, while expanding commercial partnerships with enterprises like Mastercard and others in optimization consulting.

Highlights

Total Raised
Latest Round
Stage
Public
deep-tech
Employees
201-500
Founded 1999
Headquarters
BC
News Coverage
7 articles
Last: 1mo ago
Talent Signals
SEC Filings

News Coverage 7

Deep1mo ago

U.S. commits $2B to quantum foundries, betting supply chain controls the race

The Department of Commerce awarded $2 billion in CHIPS incentives to nine quantum companies, anchored by IBM's new Anderon foundry, reshaping who can access quantum wafer fabrication globally.

Deep2mo ago

IonQ and Florida LambdaRail Deploy First U.S. Statewide Quantum-Safe Network

IonQ signed a Master Service Agreement with Florida LambdaRail on April 27 to build a 100-mile quantum-safe corridor—the first statewide quantum network deployment in the U.S., connecting universities and defense-adjacent institutions across three counties.

Deep2mo ago

IonQ Links Two Quantum Computers via Light, Wins DARPA Contract

IonQ demonstrated the first photonic interconnection of two commercial quantum computers and secured a DARPA HARQ contract, triggering a 20% stock surge and signaling that quantum networking—not just qubit count—is now the competitive frontier.

Deep2mo ago

IonQ Connects Two Quantum Computers Via Photons, Stock Surges 18.3%

IonQ demonstrated the first photonic interconnection between two independent trapped-ion quantum systems on April 14, validating modular quantum networking and triggering an 18.3% stock surge amid DARPA contract awards.

Deep3mo ago

Riverlane's Deltaflow 2 hits 16.32µs—quantum error correction enters real time

Riverlane deployed Deltaflow 2 across four quantum platforms, achieving 16.32µs QEC latency—4× faster than Google's Willow benchmark and closing in on the 10µs threshold that unlocks fault-tolerant computing.

Deep3mo ago

Terra Quantum's $3.25B SPAC Deal Signals Quantum Software's Market Moment

Terra Quantum AG announced a $3.25 billion SPAC merger with Mountain Lake Acquisition Corp. II on April 9, positioning software and quantum security—not raw hardware—as the near-term revenue driver for quantum computing.

Deep3mo ago

QCi Deploys Dirac-3 in First Commercial Data Center Installation

Quantum Computing Inc. installed its Dirac-3 photonic optimization machine at Hammond, Indiana's Digital Crossroad Data Center on March 30, 2026 — the first commercial data center deployment of the system — secured by Toshiba QKD over live fiber.

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