About Iceberg Quantum
Iceberg Quantum is a company based in Sydney (Australia) founded in 2024 by Larry Cohen, Samuel Smith, and Felix Thomsen. It operates as a AI-as-a-Service. Iceberg Quantum has raised $2 million across 1 funding round from investors including PsiQuantum and Blackbird Ventures. Iceberg Quantum offers products and services including Fault-Tolerant Quantum Architectures.
- Headquarter Sydney, Australia
- Founders Larry Cohen, Samuel Smith, Felix Thomsen
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Sectors
Technology
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Email
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Phone
*********
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Website
*********
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Social
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- Legal Name Iceberg Quantum Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2 M (USD)
in 1 rounds
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Latest Funding Round
$2 M (USD), Seed
Mar 24, 2025
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Investors
PsiQuantum
& 1 more
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Employee Count
Employee Count
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Products & Services of Iceberg Quantum
Iceberg Quantum offers a comprehensive portfolio of products and services, including Fault-Tolerant Quantum Architectures. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Architectures are designed for quantum error correction efficiency.
Funding Insights of Iceberg Quantum
Iceberg Quantum has successfully raised a total of $2M through 1 strategic funding round. The most recent funding activity was a Seed round of $2 million completed in March 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $2.0M
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First Round
First Round
(24 Mar 2025)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2025 | Amount | Seed - Iceberg Quantum | Valuation | PsiQuantum , Blackbird Ventures |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Iceberg Quantum
Iceberg Quantum has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include PsiQuantum and Blackbird Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investments are made in seed, early, and later-stage tech companies.
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Founded Year | Domain | Location | |
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Photon-based universal quantum computers are developed for error correction.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Iceberg Quantum
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Iceberg Quantum
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Iceberg Quantum Comparisons
Competitors of Iceberg Quantum
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Iceberg Quantum
When was Iceberg Quantum founded?
Iceberg Quantum was founded in 2024 and raised its 1st funding round 1 year after it was founded.
Where is Iceberg Quantum located?
Iceberg Quantum is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.
Who is the current CEO of Iceberg Quantum?
Felix Thomsen is the current CEO of Iceberg Quantum. They have also founded this company.
Is Iceberg Quantum a funded company?
Iceberg Quantum is a funded company, having raised a total of $2M across 1 funding round to date. The company's 1st funding round was a Seed of $2M, raised on Mar 24, 2025.
What does Iceberg Quantum do?
Iceberg Quantum is engaged in designing fault-tolerant quantum computing architectures using LDPC codes to significantly reduce hardware overhead for error correction. The company collaborates with industry partners like Diraq, Oxford Ionics, and PsiQuantum to accelerate the development of useful quantum computing solutions. Their work spans various quantum technologies, including spin qubits and trapped ions, aiming to make quantum computing practical sooner.
What products or services does Iceberg Quantum offer?
Iceberg Quantum offers Fault-Tolerant Quantum Architectures.
Who are Iceberg Quantum's investors?
Iceberg Quantum has 2 investors. Key investors include PsiQuantum, and Blackbird Ventures.