The #quantumcomputers that can be bought today are made by #DWave Systems Inc., a 16-year-old Canadian company that has raised $174-million from backers, including Goldman Sachs. (STEPHEN LAM/REUTERS)
Quantum computer maker D-Wave Systems Inc. is looking to take advantage of a string of recent positive developments by tapping private investors for what could be the largest tech venture financing in Canada since 2013.
Sources say the Burnaby, B.C.-based tech company is doing the rounds of current and prospective investors to raise at least $20-million – and possibly upward of $100-million – after receiving a recent spate of entreaties from several pension funds and sovereign wealth funds in Canada and abroad. D-Wave has raised $175-million from venture investors to date, bringing in $62-million during its last fundraising effort in 2014.
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