Diraq Secures $15M in Series A Funding to Revolutionize Quantum Computing Landscape

Diraq is excited to announce a significant funding milestone, having raised $15 million in its latest financing round. This infusion of capital will play a critical role in the company’s mission to revolutionize scalable quantum computing. With a vision to harness billions of qubits on a single chip, Diraq aims to unlock practical commercial applications that have long been the promise of quantum technology, but are currently limited by existing systems that only utilize hundreds of qubits. As an end-to-end quantum computing provider, Diraq will deliver a complete stack—encompassing both quantum hardware and software—available through a cloud-accessible service model. The funding builds upon two decades of dedicated research and development, supported by an impressive $135 million raised to date across 11 patent families. Diraq's proprietary technology leverages established silicon CMOS manufacturing methods, utilizing existing foundries to create a faster, more cost-effective path to market. The company boasts a world-class team of experts, a rich portfolio of existing intellectual property, and strategic partnerships with leading global technical and commercial players. Together, they are poised to cultivate the quantum ecosystem of the future, ultimately generating significant economic returns across the entire value chain. As Diraq advances its mission, this new funding will accelerate innovation and expansion, bringing us closer to a new era in quantum computing that is accessible and impactful for industries worldwide.