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Diraq
Semiconductors · Palo Alto, United States · Founded 2022
Building data center deployable quantum computers based on modified silicon transistors MoreLess
Diraq manufactures quantum computers that can be deployed directly into data centers where they will be accessed by users to solve valuable problems across pharmaceuticals, materials simulation, financial services and more. Native to the same foundries that produce smartphone and laptop chips, Diraq’s chips can host millions of qubits, resulting in a quantum processing unit (QPU) compact enough to fit in a single server rack. At scale, each qubit is expected to have an operating cost of less than $1, making the cost per qubit roughly 1000× lower than competing quantum solutions.
By tapping into the trillion-dollar semiconductor manufacturing ecosystem, Diraq can deliver quantum systems at volumes and price points that make them a standard part of data center infrastructure. Crucially, this seamless integration into existing data centers means organizations can harness quantum capabilities alongside classical computing to tackle problems previously considered unsolvable, from designing new pharmaceuticals, to securing communications, to optimizing complex supply chains. Founded and led by Professor Andrew Dzurak (the pioneer who first demonstrated quantum logic in silicon), Diraq leverages decades of research breakthroughs that allow quantum chips to be built in standard semiconductor foundries.
Diraq has established production relationships with top-tier foundries such as GlobalFoundries and formed strategic partnerships with industry leaders including NVIDIA and Dell Technologies. It has consistently demonstrated industry-leading results including qubit fidelities of 99.9% in chips fabricated in a foundry environment, validating the technology’s scalability and performance advantages. Diraq operates across the United States (with operations in Palo Alto, Boston, Chicago, and Los Angeles) and maintains a world-class R&D center in Sydney, Australia — home to the planet’s highest concentration of silicon quantum computing talent.
Keywords: quantum computing, silicon spin qubits, fault-tolerant, hot qubits, quantum processors, semiconductor manufacturing, quantum algorithms, cloud computing, quantum hardware, quantum software
Company overview
Diraq company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2022
- Headquarters
- Palo Alto, United States
- Employees
- 95
- Open positions
- 19
- Dealroom signal
- 91.9
Valuation & funding
Diraq funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| GROWTH EQUITY NON VCOther financing | May 2026 | $38M | — | US Department of Commerce | ↗ |
| EARLY VCOther financing | Feb 2026 | $13M | $52M | In-Q-Tel · Australian National Reconstruction Fund | ↗ |
| GRANTOther financing | Jul 2025 | $324K | — | Australian Department of Industry, Science and Resources | ↗ |
| SERIES AOther financing | May 2025 | $9.7M | $39M | Morgan Creek Capital Management · Uniseed Ventures · ICM HPQC Fund · Quantonation | ↗ |
| SERIES AOther financing | Jun 2024 | $19M | $78M | Uniseed Ventures · Main Sequence Ventures · Taronga Group · CoAct Capital | ↗ |
| GRANTOther financing | Jul 2023 | State Government of New South Wales | ↗ | ||
| SEEDOther financing | May 2022 | Allectus Capital | ↗ | ||
| SPINOUTOther financing | Apr 2022 | University of New South Wales | ↗ |
Growth signals
Diraq website traffic
Latest recorded traffic for Diraq is 17K monthly website visits, up 41.7% over the last three months. Diraq's team grew 30.1% over the past year.
Hiring
Open positions at Diraq
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Comparisons
Diraq compared with similar companies
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Talent graph
Diraq's talent
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Investors
15 investors on Diraq's cap table
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Global footprint
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team presence
In the news
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Market sentiment
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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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