Quantum computing startup Diraq has raised $15 million as part of a new funding round that’s yet to be completed. The deep tech venture, which was spun out of the University of NSW in 2022 last month announced it had collaborated with fellow Sydney startup Emergence Quantum to develop technology that reduces the size of… Read more »
Two Sydney quantum startups have combined forces to developed technology that effectively reduces the size of the circuits required to run a silicon-based quantum computer. Diraq and Emergence Quantum published details in Nature today. Quantum bits (or ‘qubits’) must be held at cryogenic temperatures, near absolute zero (–273.15 °C), to preserve their information. But they… Read more »
Australian quantum computing startup Diraq is heading to Chicago, having signed an agreement to set up in the Illinois Quantum and Microelectronics Park (IQMP) where it will join the likes of PsiQuantum and other deep tech firms. Diraq was spun out of the University of New South Wales by CEO and founder Professor Andrew Dzurak.… Read more »
Sydney quantum startup Diraq has topped up its Series A2 top up with another US$7 million (A$10.5m) for its Series A-2. The fresh funds come just four months after Diraq bolstered its Series A in February with an extra A$23 million. That first tranche of the A2 follows US$20 million in a Series A in… Read more »
Sydney quantum startup Diraq is teaming up with a European R&D consortium to build a computer chip that combines the power of qubits with traditional transistors. The plan comes as Diraq, which was spun out of UNSW two years ago and focused on being able to incorporate millions of quantum bits (qubits) on a standard… Read more »
For decades, the pursuit of quantum computing has struggled with the need for extremely low temperatures, mere fractions of a degree above absolute zero (0 Kelvin or –273.15°C). That’s because the quantum phenomena that grant quantum computers their unique computational abilities can only be harnessed by isolating them from the warmth of the familiar classical… Read more »
Sydney startup Diraq appears to have cracked one of the many challenges facing the future success of quantum computing – an absolute zero operating temperature Diraq has demonstrated its spin-based quantum processors operating at temperatures 20 times warmer than previously demonstrated while maintaining stability and high accuracy, with the results published in a peer-reviewed study in… Read more »
Daily startup news and insights, delivered to your inbox.
