Funding, M&A and exec moves matched to your market, from $49/mo billed annually, or $79/mo quarterly.See plans and pricing.See plans →
D-Wave secures a $100 million USD investment from the US government to enhance quantum capabilities. This funding strengthens the quantum supply chain and supports the commercialization of quantum systems.
D-Wave, a quantum computing firm, has received a strategic investment of $100 million USD from the US government under the CHIPS and Science Act. This investment provides the US Department of Commerce a minority equity stake in the company. The funding aims to bolster US domestic quantum capabilities and strengthen the supply chain. D-Wave relocated to California but has maintained a presence in Canada.
Company Information
Company
D-Wave
Location
Burnaby, British Columbia, Canada
About
D-Wave is the leader in the development and delivery of quantum computing systems, software and services and is the world's first commercial supplier of quantum computers and the only company developing both annealing quantum computers and gate-model quantum computers. Our mission is to unlock the power of quantum computing for the world. We do this by delivering customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection, and financial modeling.
Don't miss D-Wave's next move
Get an email the moment D-Wave raises, hires an exec, or expands, usually minutes after it happens.
BurnabyInformation TechnologySoftwareArtificial IntelligenceBlockchain