About Diraq
Diraq is a company based in Sydney (Australia) founded in 2014 by Andrew Dzurak.. Diraq has raised $77 million across 6 funding rounds from investors including NSW, UNSW Sydney and Morgan Creek. Diraq operates in a competitive market with competitors including Silicon Quantum Computing, Conductor Quantum, Quantum Silicon and ARQUE Systems, among others.
- Headquarter Sydney, Australia
- Founders Andrew Dzurak
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Sectors
Technology
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$77 M (USD)
in 6 rounds
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Latest Funding Round
$20 M (USD), Series A
Feb 03, 2026
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Investors
NSW
& 15 more
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Employee Count
Employee Count
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Funding Insights of Diraq
Diraq has successfully raised a total of $77M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $20 million completed in February 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Series A — $20.0M
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First Round
First Round
(01 Jun 2022)
- Investors Count 16
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2026 | Amount | Series A - Diraq | Valuation | National Reconstruction Fund | |
| Jul, 2025 | Amount | Series B - Diraq | Valuation |
investors |
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| Jun, 2024 | Amount | Series A - Diraq | Valuation | Main Sequence , Taronga Ventures |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Diraq
Diraq has secured backing from 16 investors, including venture fund and institutional investors. Prominent investors backing the company include NSW, UNSW Sydney and Morgan Creek. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital investments are made in deep tech founders.
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Founded Year | Domain | Location | |
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Taronga Group is engaged in technology and real asset investments.
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Founded Year | Domain | Location | |
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Seed-stage investments are directed toward Australian companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Diraq
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Diraq
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Diraq Comparisons
Competitors of Diraq
Diraq operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Silicon Quantum Computing, Conductor Quantum, Quantum Silicon and ARQUE Systems, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Universal quantum computers are developed using silicon qubit technology.
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| domain | founded_year | HQ Location |
Developer of quantum computers
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| domain | founded_year | HQ Location |
Universal quantum computing devices are developed using silicon atoms.
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| domain | founded_year | HQ Location |
Develops and commercializes scalable quantum computing hardware based on semiconductor technology.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Diraq
Frequently Asked Questions about Diraq
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. It is registered at Sydney, New South Wales, Australia.
Who is the current CEO of Diraq?
Andrew Dzurak is the current CEO of Diraq. They have also founded this company.
Is Diraq a funded company?
Diraq is a funded company, having raised a total of $77M across 6 funding rounds to date. The company's 1st funding round was a Series A of $7M, raised on Jun 01, 2022.
What does Diraq do?
Diraq was established in 2014 in Sydney, Australia, within the quantum computing sector. Hardware components, including photonic, superconducting, and ion-trap chips, are produced by the company. End-to-end quantum computing solutions are offered, integrating hardware and software into a full-stack service accessible via cloud platforms. Operations focus on enabling scalable quantum technologies for various applications.
Who are the top competitors of Diraq?
Diraq's top competitors include Silicon Quantum Computing, Conductor Quantum and Quantum Silicon.
Who are Diraq's investors?
Diraq has 16 investors. Key investors include NSW, UNSW Sydney, Morgan Creek, Main Sequence, and Taronga Group.