CONGRATS to D-Wave for today’s announcement of going public! 🦄
I served on the board for 17 years (2003 – 2020) and posted memories on flickr along the way. D-Wave is the only company building quantum annealing and gate-model quantum computers, and the farthest along in commercial development (the most system sales and cloud customers). They also have the most qubits (>5000) and, if all goes well, will trade with the ticker QBTS.
When I first invested, 19 years ago, it was on a $2.5M pre-money valuation. It was our first investment in Canada too. In retrospect, I was a wee bit early, as there were no competing quantum computing startups for many years that followed, but today, I am so proud to see this late-blooming unicorn heading to the public markets! Last year, I introduced D-Wave to Emil Michael’s SPAC and made the initial pitch, as Gen and I have also known him for many years.
• Today’s Announcement by D-Wave: https://www.dwavesys.com/company/newsroom/press-release/d-wave-a-global-leader-in-quantum-computing-systems-software-services-announces-plans-to-bring-commercial-quantum-computing-to-public-markets-via-transaction-with-dpcm-capital-inc/
• My Flickr photoblog posts: https://www.flickr.com/search/?user_id=44124348109%40N01&sort=date-taken-desc&view_all=1&tags=dwave
• A video I took of Google’s first D-Wave machine: https://youtu.be/W34XwhURpNA
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