When was Diraq founded?

Diraq was founded in 2014 and raised its 1st funding round 8 years after it was founded.

Where is Diraq located?

Diraq is headquartered in Sydney, Australia.

How many employees does Diraq have?

As of Sep 30, 2026, the latest employee count at Diraq is 113.

Is Diraq a funded company?

Diraq is a funded company, having raised a total of $150M across 7 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on 2022.

When was the latest funding round of Diraq?

Diraq's latest funding was a $***** Series C round on Oct 08, 2026, with participation from 1 investor.

Where does Diraq rank among its competitors?

Diraq ranks 2nd amongst 9 active competitors, of which 5 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Silicon Quantum Computing, which secured $28.1M in Jun, 2026.

Who are the top competitors of Diraq?

Diraq's top competitors include Photonic, Equal1 and Silicon Quantum Computing. Among them, Diraq secured the most recent funding round in October, 2026.

Diraq - 2026 Company Profile, Funding & Competitors

Diraq is a series C company based in Sydney (Australia), founded in 2014. It operates as a Manufacturer of quantum computing hardware. Diraq has raised $150M in funding from investors like Allectus Capital, Quantonation and National Reconstruction Fund. The company has 9 active competitors, including 5 that are funded. Its top competitors include companies like Photonic, Equal1 and Silicon Quantum Computing.

Company Details

Manufacturer of quantum computing hardware. It provides users with end-to-end quantum computing and also provides quantum hardware and software as a full stack, cloud-accessible service. It also manufactures multiple chips, such as photonic, superconducting, and ion-traps chips

Website: www.diraq.com/
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Key Metrics

Founded Year

2014

Location

Sydney, Australia

Stage

Series C

Total Funding

$150M in 7 rounds

Latest Funding Round

Series C, Oct 08, 2026, $*****

Investors

Allectus Capital & 15 more

Ranked

2^nd among 9 active competitors

Employee Count

113 as on Sep 30, 2026

Similar Companies

Photonic & 7 more

View Diraq's full profile

Diraq has raised a total funding of $150M over 7 rounds. Its first funding round was on 2022. Its latest funding round was a Series C round on Oct 08, 2026 for $*****. 1 investor participated in its latest round. Diraq has 16 institutional investors.

Here is the list of recent funding rounds of Diraq:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 08, 2026	7893471	Series C	3861286	5069305	2895181	2094648
Feb 03, 2026	2656092	Series A	7110882	1528866	9266053	Main Sequence & 9 more
Jul 08, 2025	4220730	Series A	8265054	2859475	7805697	ICM & 5 more

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View details of Diraq's funding rounds and investors

Diraq's employee count trend

Diraq has 113 employees as of Sep 26. Here is Diraq's employee count trend over the years:

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Top competitors of Diraq include Photonic, Equal1 and Silicon Quantum Computing. Here is the list of Top 10 competitors of Diraq, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Photonic 2013, Coquitlam (Canada), Series D	Provider of silicon integrated photonics and quantum optics	$342M	Inovia Capital, BCI & 14 others	65/100
2nd	Diraq 2014, Sydney (Australia), Series C	Manufacturer of quantum computing hardware	$150M	Hostplus, Morgan Creek Capital Management ... & 14 others	59/100
3rd	Equal1 2017, Dublin (Ireland), Series A	Developer of AI and cloud-powered silicon quantum computers	$71.6M	b2venture, Ireland Strategic Investment Fund ... & 10 others	58/100
4th	Silicon Quantum Computing 2017, Sydney (Australia), Series A	Developer of universal quantum computers based on silicon qubit technology	$158M	Government of Australia, Telstra & 5 others	58/100
5th	Quantum Motion 2017, London (United Kingdom), Series C	Developer of AI-based quantum computing hardware products	$220M	DCVC, Robert Bosch Venture Capital & 16 others	53/100
6th	ARQUE Systems 2022, Aachen (Germany), Unfunded	Developer of quantum computing systems	-	-	18/100
7th	ELEQUANT Project 2025, Unfunded	Developer of quantum technology systems using flying electrons as qubits	-	-	16/100
8th	xAI Quantum Ecosystem Unfunded	Manufacturer of quantum computing hardware and integrated silicon processor systems	-	-	16/100
9th	SemiQon 2023, Espoo (Finland), Unfunded	Manufacturer of silicon quantum dot devices and cryogenic electronic components	-	-	16/100