CIR Research Note: Is New Investment in D-Wave the Beginning of a Quantum Computing Boom?
In April 2017, D-Wave closed its first $30 million investment in convertible notes and then received a conditional commitment from Public Sector Pension Investment Board (PSP Investments) for an additional $20 million. The conditions for this second $20 million have now been met and this new money will now flow to D-Wave Systems. In addition, …