Diraq
Diraq is a Silicon-Spin Qubits company founded in 2022 and based in Sydney, Australia. It has raised $63M in total funding, most recently a Grant in 2026.
Diraq develops silicon-based quantum processors using CMOS-compatible fabrication for scalable quantum computing. Diraq raised $15M in Series A funding and partners with the U.S. Air Force Research Lab. The company is a spinout from UNSW Sydney. In May 2026, Diraq signed a US$38M CHIPS Act Letter of Intent to support its silicon-spin qubit commercialization.
The company's silicon-spin approach leverages existing semiconductor manufacturing, offering a potential path to mass production of quantum chips.
At a glance
Total raised
$63M
Headcount
51-200
Headquarters
Sydney
AustraliaFounded
2022
Status
Private
Subsector
Where Diraq ranks
Top 25 Quantum Computing companies →Funding history
Total raised
$63M
Rounds tracked
4
Latest stage
Grant
| Date | Stage | Amount | Valuation | Lead investors |
|---|---|---|---|---|
| Oct 1, 2026 | Grant | $12M | — | Australian Government |
| Feb 1, 2026 | Strategic (NRFC) | $14M | — | National Reconstruction Fund Corporation |
