# Diraq

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/diraq-pty

- Industry: Semiconductors
- Headquarters: Sydney, Australia
- Website: www.diraq.com/
- Total disclosed funding: $36M
- Latest round: Series A (Jun 11, 2024)
- Investors on record: 11

## About

Based in New South Wales, Australia, and founded in 2022 by CEO Andrew Dzurak, Diraq Pty Ltd operates as a hardware producing company providing quantum computing and bring practical commercial applications. Diraq Pty Ltd provides quantum computing technology to build quantum processors using electron spins in CMOS quantum dots. The company’s chip fabrication technology offers integration solutions for stabilizing the system. In addition, the firm technology provides support for Spins in silicon quantum dots, Superconducting, Ion Traps, and Photonic. In February 2026, Diraq Pty Ltd received USD 20 million in grant funding from National Reconstruction Fund. The company will use the funding to expand its team in Australia, establish operations in the United States, and advance development of its silicon-based quantum computing chips. Diraq Pty Ltd generates revenue through quantum hardware sales, cloud-based quantum computing services, IP licensing, research grants, and custom quantum solutions for enterprise clients.

## Funding rounds

- Series A, Jun 11, 2024, $5.8M — Uniseed, UniSuper, Main Sequence Ventures, Allectus Capital, Taronga Ventures, University of NSW, Quantonation, Coact Capital, Higgins Family Investments
- Series A, Feb 1, 2024, $9.8M — University of NSW, Quantonation, Newsouth Innovations Pty Limited, Higgins Family Investments, Laddara Pty Ltd
- Series A, Jun 1, 2022, $20M — Allectus Capital

## Investors

- Allectus Capital (https://capitalatlas.ai/funds/allectus-capital) — Series A
- University of NSW — Series A
- Quantonation (https://capitalatlas.ai/funds/quantonation) — Series A
- Newsouth Innovations Pty Limited — Series A
- Higgins Family Investments — Series A
- Laddara Pty Ltd — Series A
- Uniseed (https://capitalatlas.ai/funds/uniseed) — Series A
- UniSuper — Series A
- Main Sequence Ventures (https://capitalatlas.ai/funds/main-sequence-ventures) — Series A
- Taronga Ventures (https://capitalatlas.ai/funds/taronga-ventures) — Series A
- Coact Capital (https://capitalatlas.ai/funds/coact-capital) — Series A