General InformationD-Wave Systems is a Canadian quantum computing company founded in 1999, headquartered in Burnaby, British Columbia, with over 200 employees focused on building practical quantum processors.
Funding & FinancialsD-Wave went public via reverse merger with DPCM Capital in 2021 and has raised over $200 million across multiple funding rounds, with major investors including Bessemer Venture Partners and In-Q-Tel.
Leadership & TeamCEO Vern Brownell has led the company since 2015, bringing expertise in quantum systems and business operations; the founding team includes Geordie Rose and others with deep quantum physics backgrounds.
Recent ActivityD-Wave recently expanded its Leap quantum cloud platform with new processor generations (Advantage 2 and beyond) and announced partnerships with enterprise customers across finance, optimization, and drug discovery sectors.