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D-Wave logo — The Quantum Computing Company

D-Wave

The Quantum Computing Company

Founded 1999 United States Palo Alto, United States 281 employees Grant Total: $223.01M Manufacturing, Quantum +1

General Information

Company Name D-Wave
Founded Year 1999
Location United States Palo Alto, United States
Founders / Decision Makers
Team member Team member
Employees 281
Industries Manufacturing, Quantum, Semiconductor
Funding Stage Grant
Social

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About D-Wave

D-Wave, known as "The Quantum Computing Company," is the forefront developer and provider of quantum computing systems, software, and services. It holds the distinction of being the world's first commercial supplier of quantum computers and the sole company focused on the development of both annealing quantum computers and gate-model quantum computers. The company's mission is to unleash the potential of quantum computing on a global scale, achieving this by offering practical quantum applications for an array of challenges such as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection, and financial modeling. D-Wave has gained traction among some of the most advanced organizations worldwide, including Forschungszentrum Jülich, NEC, Volkswagen, DENSO, Lockheed Martin, USC, and Los Alamos National Laboratory. The company's headquarters are located near Vancouver, Canada, with its US operations residing in Palo Alto, CA. Notably, D-Wave has secured notable investors comprising PSP Investments, Goldman Sachs, BDC Capital, NEC Corp., Aegis Group Partners, and In-Q-Tel. D-Wave, established in 1999, operates within the manufacturing, quantum, and semiconductor industries, with its headquarters based in the United States. The latest investment amounting to $2.80M came in the form of a grant from SCALE AI, Canada's AI Global Innovation Cluster, on 23 August 2022. To learn more about D-Wave, visit their website at www.dwavesys.com.

Business keywords: quantum computing systems, software development, logistics optimization, artificial intelligence applications, materials sciences, drug discovery, cybersecurity solutions, fault detection, financial modeling, annealing quantum computers, gate-model quantum computers, investor relations, commercial quantum computing, customer value delivery, commercial supplier of quantum computers

Services & Products

Quantum Computing Solutions
Professional Services
Hybrid-Quantum Solutions
Cloud Platform
Training

Target Customers

Enterprises Government Agencies National Laboratories Academic Organizations Research Community

Funding Rounds & Investors (15)

View All
Funding Stage Amount Investors Lead Investors Date
Grant D $2.80M 1
SCALE AI | Canada's AI Global Innovation Cluster
SCALE AI | Canada's AI Global Innovation Cluster
23 Aug 2022
Post IPO Equity D $40.00M 6
Goldman Sachs Asset Management PSP Investments Yorkville Advisors
Goldman Sachs Asset Management, PSP Investments +4
08 Aug 2022
Grant D $40.00M 1
Government of Canada
Government of Canada
11 Mar 2021
Venture Round D $10.00M 1
NEC Corporation
11 Dec 2019
Secondary Market D Undisclosed 1
Pender Technology Inflection Fund
Pender Technology Inflection Fund
01 Mar 2019
Grant D $10.00M 1
Canadian Government
01 Jun 2018
Convertible Note D $20.00M 1
PSP Investments
PSP Investments
22 Feb 2018
Grant D Undisclosed 1
Innovate UK
Innovate UK
11 Dec 2017
Convertible Note D $30.00M 1
PSP Investments
PSP Investments
15 May 2017
Venture Round D $21.00M 2
Fidelity PSP Investments
Fidelity, PSP Investments
02 Oct 2016

View All 15 Funding Rounds

Latest News

View All
Quantinuum stock opens at $68 per share after IPO — Cnbc
Quantinuum stock opens at $68 per share after IPO
Cnbc Jun 04, 2026
NVIDIA didn’t invest in Xanadu, but it made its CEO a billionaire anyway — Thenextweb
NVIDIA didn’t invest in Xanadu, but it made its CEO a billionaire anyway
Thenextweb Apr 18, 2026
Prediction: This Stock Market Bubble Will Burst in 2026 and 3 Popular Stocks Will Crash (Hint: Not A... — Fool.com
Prediction: This Stock Market Bubble Will Burst in 2026 and 3 Popular Stocks Will Crash (Hint: Not Artificial Intelligence)
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Tech stocks set for big losing week as AI names get rocked after Nvidia earnings — Cnbc
Tech stocks set for big losing week as AI names get rocked after Nvidia earnings
Cnbc Nov 21, 2025
Quantum computing firm IonQ hires former JPMorgan Chase applied research head — Cnbc
Quantum computing firm IonQ hires former JPMorgan Chase applied research head
Cnbc Jul 28, 2025
Rigetti Computing, Inc. ($RGTI) Stock: Slips 3.2% to $15.44 Despite Quantum Breakthrough Buzz — Coincentral.com
Rigetti Computing, Inc. ($RGTI) Stock: Slips 3.2% to $15.44 Despite Quantum Breakthrough Buzz
Coincentral.com Jul 27, 2025

D-Wave Alternatives & Competitors

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D-Wave vs
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PsiQuantum
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Building the world’s first useful quantum computers.

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D-Wave vs
Intqlabs
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FAQ About D-Wave

The Quantum Computing Company
D-Wave was founded in 1999.
D-Wave is headquartered in Palo Alto, United States.
D-Wave operates in Manufacturing, Quantum and Semiconductor. Its work centres on quantum computing systems, software development, logistics optimization and artificial intelligence applications. Its customers include Enterprises, Government Agencies and National Laboratories.
D-Wave has approximately 281 employees.
D-Wave has completed 15 funding rounds, raising a total of $223.01M. The latest funding stage is Grant.
D-Wave offers: Quantum Computing Solutions, Professional Services, Hybrid-Quantum Solutions, Cloud Platform, Training.
Top alternatives and competitors to D-Wave include Diraq, PsiQuantum, Intqlabs. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
D-Wave and Diraq are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for D-Wave, https://bouncewatch.com/company/d-wave, updated 11 June 2025. When citing, please name BounceWatch and link this page.

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