The additional $20m from the NFR takes the total raised by the quantum computer builder past US$150m, including government funding.

Quantum computing technology is complex, getting off the ground and maturing. There is promise of things to come. potentially changing the computing paradigm.

Australian taxpayers are backing Sydney start-up Diraq’s ambition to become a global leader in utility-scale quantum computing.

The news: Quantum computing startup Diraq has secured a $20 million strategic equity investment from the National Reconstruction Fund as it hopes to deploy prototype systems in data centres by the end ...