Canada · Funded startup

Who invested in D-Wave Systems

11 rounds we have observed, with the 15 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Quantum Computing

Funding summaryUpdated 26 Oct 2026

$145Mraised across 11 rounds since 2006, from 11 sources

$14MSeries B$17MSeries C$3.0MDebt$1.2MVenture$30MVenture$1.0MVenture$3.9MRound$28MRound$2.2MVenture$23MVenture$21MRound
Latest round
Round, $21MOct 2016
Biggest round
$30MVenture · Oct 2012
Investors
15
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

200620082010201220142016
$14MSeries B$17MSeries C$3.0MDebt$1.2MVenture$1.0MVenture$3.9MRound$28MRound$21MRound
First round
Series B, $14M
May 2006
Biggest round
$30M
Venture · Oct 2012
Usual gap between rounds
6 months
the median of 9

The rounds

  1. Oct 2016
  2. Jan 2015
    Venture$23M

    No investor was named in the report.

    From a historical funding recordSEC filing: $2.2M sold, first sale Oct 2014

  3. Nov 2014
    Venture$2.2M

    No investor was named in the report.

    From a historical funding recordSEC filing: $2.2M sold, first sale Oct 2014

  4. Jul 2014
    Round$28M1 new2 returning

    From a historical funding recordSEC filing: $28M sold, first sale Jun 2014

  5. May 2014
    Round$3.9M

    No investor was named in the report.

    From a historical funding recordSEC filing: $3.9M sold, first sale May 2014

  6. Apr 2013
    Venture$1.0M

    No investor was named in the report.

    Reported by sec.govSEC filing: $1.0M sold, first sale Mar 2013

  7. Oct 2012
  8. Sept 2012
    Venture$1.2M1 new

    Reported by sec.govSEC filing: $1.2M sold, first sale Sept 2012

  9. Mar 2012
    Debt$3.0M

    No investor was named in the report.

    Reported by sec.govSEC filing: $3.0M sold, first sale Mar 2012

  10. Jan 2008
  11. May 2006

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Everyone who backed them

BDC CapitalVC firm4rounds
DFJVC firm3rounds
GrowthWorksVC firm3rounds
Harris & Harris GroupGrowth equity3rounds
Goldman SachsPrivate equity2rounds
In-Q-TelAccelerator2rounds
FidelityVC firm1round
Draper Fisher Jurvetson (DFJ)Investment firm1round
Bezos ExpeditionsFamily office1round

Missing a round, or an investor who was in one? Tell us.

Quick answers about D-Wave Systems

Who invested in D-Wave Systems?

D-Wave Systems's investors include BDC Capital, DFJ, GrowthWorks, Harris & Harris Group and Goldman Sachs, and 10 more on record.

How much has D-Wave Systems raised?

D-Wave Systems has raised $145M across 11 rounds since 2006.

When did D-Wave Systems last raise?

D-Wave Systems's most recent round was an Undisclosed round of $21M in Oct 2016.

What was D-Wave Systems's biggest round?

D-Wave Systems's largest round on record is $30M (Venture), in Oct 2012.

Who backed D-Wave Systems first?

D-Wave Systems's first round on record, in May 2006, was backed by BDC Capital, DFJ and GrowthWorks and 2 others.

What stage is D-Wave Systems at?

D-Wave Systems's latest named round is an Undisclosed round, in Oct 2016.

Where is D-Wave Systems based?

D-Wave Systems is based in Canada.

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