May 16, 2006 – Harris & Harris Group announced that it led a $14 million second round financing in D-Wave Systems. of Burnaby, British Columbia, Canada. The second round financing included investments from existing investors, Draper Fisher Jurvetson, BDC Venture Capital, Growthworks Capital Ltd. and British Columbia Investment Management Corporation.
D-Wave Systems develops quantum computing systems for commercial use in several arenas, including logistics, bioinformatics, and life and physical sciences.
Harris & Harris Group is a publicly traded venture capital company that makes initial investments exclusively in tiny technology, including nanotechnology, microsystems and microelectromechanical systems.