Company
New York
Every investor coverage indicates participated in a round Global Foundries raised.
Companies Global Foundries acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Name | Role | Sources |
|---|---|---|
| Ted Letavic | Corporate Fellow and Senior Vice President | Defence Connect |
| John Hollister | CFO (former) | Startup Daily |
| Gregg Bartlett | CTO | Startup Daily |
Stories naming Global Foundries. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Weekly people-moves column: new executives at allt, SQC, Redbelly Network, InDebted and Neara, including Clive Dickens joining allt's board and Chris McNamara becoming InDebted's CEO.
Quantum chip venture Diraq has struck a US$38m deal with America's Commerce Department to build out its supply chain there, much of it becoming equity; Australia's NRF backed it with $20m in February.
Sydney-founded quantum computing company Diraq has progressed to Stage B of a US defense agency program targeting utility-scale quantum computing by 2033, expanding its consortium with new industry and academic partners.
Quantum processor maker Diraq has won a US defence agency contract for the first stage of a quantum benchmarking program, leading a consortium with Emergence Quantum, Riverlane, Global Foundries and Imec.
Also Startup Daily
Weekly roundup of eight Australian funding rounds, led by Samsara Eco's $100m Series A extension; Diraq, 1Breadcrumb, Aquila, NRN, Klean, Bearhug and Sindy Labs also secured capital, and Klean won a Queensland grant.
Also TechCrunch Venture·SmartCompany·@AuManufacturing·Techboard·Startup Daily·Startup Daily·SmartCompany·Startup Daily·SmartCompany·Startup Daily·@AuManufacturing·@AuManufacturing·Forbes Australia·@AuManufacturing
Main Sequence's post explains why the fund backed quantum computing company Diraq, citing its silicon qubit approach, a chip-production deal with Global Foundries, and prior investment from Quantonation.
Also Startup Daily·@AuManufacturing·SmartCompany·Startup Daily·Startup Daily·Startup Daily
Quantum computing startup Diraq announced record qubit control fidelity and chip-making partnerships with GlobalFoundries and IMEC; the piece also recounts its Quantonation-led Series A, early Allectus backing, and PsiQuantum's government funding.
Also Startup Daily·Startup Daily·Startup Daily·SmartCompany·Startup Daily
Blackbird Ventures announces it joined PsiQuantum's USD450 million Series D round, and sets out why the startup's silicon photonics approach can scale to a useful quantum computer.
Also SmartCompany·SmartCompany·SmartCompany·Startup Daily·Startup Daily·Forbes Australia