Iceberg Quantum - About the company
Iceberg Quantum is a seed company based in Sydney (Australia), founded in 2024 by Felix Thomsen, Larry Cohen and Samuel Smith. It operates as a Designer of fault-tolerant quantum computing architectures. Iceberg Quantum has raised $2M in funding from Blackbird Ventures and PsiQuantum. The company has 113 active competitors, including 2 funded and 1 that has exited. Its top competitors include companies like Quemix, NQCC and QuTech.
Company Details
Designer of fault-tolerant quantum computing architectures. It designs architectures based on LDPC codes to significantly reduce the hardware overhead for quantum error correction. This approach aims to accelerate the development of practical and useful quantum computers. The company focuses on improving the efficiency and feasibility of quantum computing hardware.
- Website
- www.iceberg-quantum.com/
- Email ID
- *****@iceberg-quantum.com
Key Metrics
Founded Year
2024
Location
Sydney, Australia
Stage
Seed
Total Funding
$2M in 1 round
Latest Funding Round
Investors
Ranked
5th among 113 active competitors
Employee Count
15 as on Jul 31, 2026
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Iceberg Quantum's funding and investors
Iceberg Quantum has raised a total funding of $2M over 1 round. Its latest funding round was a Seed round on Mar 24, 2025 for $*****. 2 investors participated in its latest round. Iceberg Quantum has 3 institutional investors.
Here is the list of recent funding rounds of Iceberg Quantum:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 24, 2025 | 9091610 | Seed | 3860786 | 9775332 | 4831170 | 5030742 |
View details of Iceberg Quantum's funding rounds and investors
Iceberg Quantum's founders and board of directors
Founder? Claim ProfileThe founders of Iceberg Quantum are Felix Thomsen, Larry Cohen and Samuel Smith. Felix Thomsen is the CEO of Iceberg Quantum.
Here are the details of Iceberg Quantum's key team members:
- Felix Thomsen: Co-Founder & CEO of Iceberg Quantum.
- Larry Cohen: Co-Founder & CSO of Iceberg Quantum.
- Samuel Smith: Co-Founder & CTO of Iceberg Quantum.
View details of Iceberg Quantum's Founder profiles and Board Members
Iceberg Quantum's employee count trend
Iceberg Quantum has 15 employees as of Jul 26. Here is Iceberg Quantum's employee count trend over the years:
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Iceberg Quantum's Competitors and alternates
Top competitors of Iceberg Quantum include Quemix, NQCC and QuTech. Here is the list of Top 10 competitors of Iceberg Quantum, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Research laboratory for AI-powered quantum computing | $6.66M | 50/100 | ||
2nd | NQCC 2020, Didcot (United Kingdom), Unfunded | Provider of research & development services for quantum computing center | - | - | 49/100 |
3rd | QuTech 2014, Delft (Netherlands), Funding Raised | Research institute developing quantum computing and quantum internet scalable prototypes | - | 48/100 | |
4th | Provider of quantum computing research solutions | - | 42/100 | ||
5th | Iceberg Quantum 2024, Sydney (Australia), Seed | Designer of fault-tolerant quantum computing architectures | $2M | 39/100 | |
6th | Rahko Systems 2018, London (United Kingdom), Acquired | Discovers and develops quantum machine learning technologies | $1.6M | 37/100 | |
7th | Oxford Quantum 2013, Oxford (United Kingdom), Funding Raised | Research centre launched by the Oxford University | - | 35/100 | |
8th | Centre for Quantum Technologies 2007, Singapore (Singapore), Funding Raised | Quantum research centre established by the National University of Singapore | - | 34/100 | |
9th | Quantum Computing Institute 1943, Oak Ridge (United States), Funding Raised | Pioneering research and development, driving scientific discovery and technological solutions | - | 32/100 | |
10th | Automatski 2014, London (United Kingdom), Unfunded | Provides research and IP solutions in various technology | - | - | 32/100 |
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Iceberg Quantum's Investments and acquisitions
Iceberg Quantum has made no investments or acquisitions yet.
Reports related to Iceberg Quantum
Here is the latest report on Iceberg Quantum's sector:
News related to Iceberg Quantum
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Iceberg Quantum raises $2m, joins forces with PsiQuantum to develop Brisbane quantum computerBusiness News Australia Pty Ltd•Mar 25, 2025•Iceberg Quantum, Blackbird Ventures, PsiQuantum, LocalGlobe
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