{"id":246536,"date":"2025-07-07T23:54:08","date_gmt":"2025-07-07T23:54:08","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/246536\/"},"modified":"2025-07-07T23:54:08","modified_gmt":"2025-07-07T23:54:08","slug":"quantum-player-diraq-quietly-raises-15m-in-round-backed-by-international-funds-capital-brief","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/246536\/","title":{"rendered":"Quantum player Diraq quietly raises $15m in round backed by international funds \u2014 Capital Brief"},"content":{"rendered":"<p><b>Diraq<\/b> has attracted new investments from the United States and Singapore, completing a quiet $15 million capital raise as it pushes ahead with international expansion.<\/p>\n<p>Documents lodged with the corporate regulator show the startup received $4.6 million from Singapore\u2019s <b>ICM Global Funds<\/b> and $768,000 from North Carolina\u2019s <b>Morgan Creek Digital<\/b>, both new additions to its cap table.<\/p>\n<p>Returning investors include <b>Main Sequence<\/b>, <b>Uniseed<\/b>, <b>NewSouth Innovations<\/b> and French VC <b>Quantonation.<\/b><\/p>\n<p>Diraq aims to have its first quantum product by 2029, ahead of a commercially useful \u201cfault-tolerant\u201d quantum computer by 2033. Last year, it raised $33 million (US$22 million) in an extended Series A round, following $30 million (US$20 million) it raised in 2022.<\/p>\n<p>Quantum computers are expected to eventually run algorithms beyond the capabilities of today\u2019s most powerful supercomputers. In theory, this will enable breakthroughs in drug discovery, agriculture, materials engineering and energy transfer.<\/p>\n","protected":false},"excerpt":{"rendered":"Diraq has attracted new investments from the United States and Singapore, completing a quiet $15 million capital raise&hellip;\n","protected":false},"author":2,"featured_media":246537,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3164],"tags":[3284,3490,3358,3322,53,16,15,3141],"class_list":{"0":"post-246536","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-computing","8":"tag-computing","9":"tag-deep-tech","10":"tag-quantum-computing","11":"tag-startups","12":"tag-technology","13":"tag-uk","14":"tag-united-kingdom","15":"tag-venture-capital"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114814652566467782","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/246536","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=246536"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/246536\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/246537"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=246536"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=246536"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=246536"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}