D-Wave Systems Inc.
Other Technology · Burnaby, British Columbia, Canada
D-Wave Systems Inc. is a other technology company based in Burnaby, British Columbia, Canada. It has raised at least $90.4 million across 2 known rounds, of which $27.9 million was reported to the SEC on 2 Form D filings, most recently in 2019.
Unlike other quantum systems that are years away from practical use, D-Wave's annealing quantum computing technology is ready for real-world applications today.
| Date | Round | Amount | Raised to date | Lead investor | Source |
|---|---|---|---|---|---|
| 2019-12-04 | — | $7.9M | $90.4M | SEC Form D | |
| 2019-02-22 | — | $20.0M | $82.4M | SEC Form D | |
| 2014-11-12 | — | $2.2M | $62.4M | SEC Form D | |
| 2014-07-10 | — | $28.4M | $60.2M | SEC Form D | |
| 2014-05-23 | — | $3.9M | $31.9M | SEC Form D | |
| 2013-04-09 | — | $1.0M | $28.0M | SEC Form D | |
| 2012-10-12 | — | $1.2M | $27.0M | SEC Form D | |
| 2012-06-14 | — | $22.8M | $25.8M | SEC Form D | |
| 2012-04-11 | — | $3.0M | $3.0M | SEC Form D |
SEC rows are Form D filings, where the amount is what was actually sold and amendments update a round rather than adding one. Press rows are split between company-issued releases or wires and editorial or third-party coverage. The total is therefore a floor: a round nobody reported is a round we cannot see. A buyout or control change appears in the timeline but is never added to the total: that money goes to shareholders, not into the company.
Form D is the notice a company files with the SEC when it sells securities without registering them. It reports the amount sold, not a valuation. Figures here are what the filing says. Where a filing is silent, the field is left blank rather than estimated. “Total raised” adds press-reported rounds that never appear in a filing, so it is a floor rather than an audited sum: press amounts are the figures the company announced, and a round nobody reported is a round we cannot see.