Diraq is a Silicon-Spin Qubits company founded in 2022 and based in Sydney, Australia. It has raised $51M in total funding, most recently a Strategic (NRFC) in 2026.
| Date | Stage | Amount | Valuation | Lead investors |
|---|---|---|---|---|
| Feb 1, 2026 | Strategic (NRFC) | $14M | — | National Reconstruction Fund Corporation |
| Feb 13, 2024 | Series A | $15M | — | Quantonation |
| Feb 1, 2022 | Series A | $22M | — | Main Sequence, Taronga Ventures, Uniseed |

Diraq plans to deploy an eight-qubit silicon spin quantum computer inside an Equinix data center in Sydney by October 2026.

Diraq opens a 20-person U.S. Technology Hub in Santa Monica, focused on silicon spin-qubit design and planning to double the team within 12 months.

Diraq opens its first U.S. quantum lab in Chicago via the Illinois Quantum and Microelectronics Park On-Ramp program, with plans to expand the team and target 1,000+ physical qubits by 2029.
Quantum processor chips fabricated using standard CMOS semiconductor manufacturing processes, enabling production at existing silicon fabs without specialized quantum fabrication lines. Demonstrated single-qubit gate fidelities of 99.9% on industrially produced silicon quantum dots in 2025 in collaboration with imec. Designed to scale to billions of qubits per chip using existing semiconductor infrastructure, with physical qubit costs projected below $1. Backed by $38M from the U.S. CHIPS Act.
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