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Diraq logo — Diraq aims to redefine scalable quantum computing and bring...

Diraq

Diraq aims to redefine scalable quantum computing and bring practical commercial applications to the world.

Founded 2022 Australia Australia 52 employees Series A Total: $70.50M Hardware, IT +2

General Information

Company Name Diraq
Founded Year 2022
Location Australia Australia +1
Employees 52
Industries Hardware, IT, Quantum +1
Funding Stage Series A
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About Diraq

Diraq is a quantum computing startup that aims to revolutionize scalable quantum computing and bring practical commercial applications to the world. The company's proprietary technology, backed by 20 years of research and over $135M in funding across 11 patent families, enables the scalability using existing silicon CMOS manufacturing and foundries, promising a faster and cheaper road to market for quantum computing. Diraq's vision includes providing quantum hardware and software as a full-stack, cloud-accessible service, with the goal of building the quantum ecosystem of the future and generating significant economic returns across the value chain. With their Series A investment of $10.50M on June 25, 2024, Diraq secured funding from noteworthy investors such as Main Sequence Ventures, Taronga Ventures, Coact Capital, Uniseed, UNSW Sydney, and UniSuper. Based in Australia and founded in 2022, Diraq is positioned to make a meaningful impact in the industries of hardware, IT, quantum, and semiconductor.

Taxonomy: Quantum Computing, Quantum Technologies, Quantum Hardware, Scalable Quantum Computing, Commercial Applications, End-to-End Quantum Computing Provider, Cloud Accessible Service, Proprietary Technology, Silicon CMOS Manufacturing, Foundries, Intellectual Property, Partnerships, Global Technical Partners, Global Commercial Partners, Economic Returns

Services & Products

Development and commercialization of revolutionary quantum computing technology

Target Customers

Tech companies research institutions government agencies enterprises seeking advanced computing solutions

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Series A •••••• 6
Investor Investor Investor Investor
•••• •••• 		25 Jun 2024
Series A •••••• 3
Investor
•••• •••• 		12 Feb 2024
Series A •••••• 1
Investor
07 May 2022

Latest News

View All
Quantonation closes first €70m of new fund for quantum startups — Sifted
Quantonation closes first €70m of new fund for quantum startups
Sifted Apr 10, 2024
Micro-robots, carbon nanotubes and an underground factory: Quantum startup C12 raises €18m — Sifted
Micro-robots, carbon nanotubes and an underground factory: Quantum startup C12 raises €18m
Sifted Jun 19, 2024
Quantum stocks soar as U.S. reportedly plans $2 billion ‘award’ and taking equity stakes — Cnbc
Quantum stocks soar as U.S. reportedly plans $2 billion ‘award’ and taking equity stakes
Cnbc May 21, 2026
IBM lands $1bn as US backs nine quantum companies for $2bn — Thenextweb
IBM lands $1bn as US backs nine quantum companies for $2bn
Thenextweb May 21, 2026

Diraq Alternatives & Competitors

Diraq vs
PsiQuantum
PsiQuantum United States

Building the world’s first useful quantum computers.

Series E
628 employees
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Diraq vs
QuantWare
QuantWare The Netherlands

Hyperscaling quantum computers with our VIO™ QPU architecture

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Diraq vs
Riverlane
Riverlane United Kingdom

Riverlane is the world leader in Quantum Error Correction (QEC), the technology that unlocks quantum...

Series C
211 employees
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FAQ About Diraq

Diraq aims to redefine scalable quantum computing and bring practical commercial applications to the world.
Diraq was founded in 2022.
Diraq is headquartered in Australia.
Diraq operates in the following industries: Hardware, IT, Quantum, Semiconductor.
Diraq has approximately 52 employees.
Diraq has completed 3 funding rounds, raising a total of $70.50M. The latest funding stage is Series A.
Diraq offers: Development and commercialization of revolutionary quantum computing technology.
Top alternatives and competitors to Diraq include PsiQuantum, QuantWare, Riverlane, C12, Silicon Quantum Computing. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Diraq and PsiQuantum are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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