Tech Company Financing Transactions
Diraq Funding Round
Quantonation invested in a $15 million Series A funding round for Diraq. The funding round was announced on 2/12/2024.
Transaction Overview
Company Name
Announced On
2/12/2024
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Series A
Investors
Quantonation (Lead Investor) (Will Zeng)
Proceeds Purpose
The funding will be used to advance its research into a novel concept for building the physical "qubits" that power quantum computers.
Company Information
Company Status
Private & Independent
Industry
Electronics
Mailing Address
The Quantum Terminal, Central Station Grand Concourse, 1 Edd
Sydney, New South Wales, 2000
Australia
Sydney, New South Wales, 2000
Australia
Phone
Undisclosed
Website
Email Address
Overview
Diraq is a world leader in silicon quantum dot quantum computing. Our team are world leaders in building quantum processors using electron spins in CMOS quantum dots, having invented this revolutionary technology in Sydney, Australia, filing a network of patents beginning in 2014. It was on our campus, just 20 minutes' drive from the Sydney Opera House and Bondi Beach that silicon quantum computers were invented.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
William Jeffrey
Chief Executive Officer
Andrew Dzurak
Chief Financial Officer
Lasantha Thennakoon
VP - Administration
Stefanie Tardo
VP - Engineering
Chris Escott
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