Iceberg Quantum Raises $2M AUD ($1.26M USD) Pre-Seed Round and Partners with PsiQuantum to Advance Fault-Tolerant Architectures
Mohamed Abdel-Kareem2025-03-26T11:23:36-07:00Quantum computing architecture startup Iceberg Quantum has raised $2 million AUD ($1.26M USD) in pre-seed funding led by Blackbird Ventures and UK-based LocalGlobe. The announcement coincides with a new strategic collaboration with PsiQuantum to develop fault-tolerant architectures for PsiQuantum’s silicon photonic quantum computing platform, currently under development in Brisbane. Iceberg Quantum is addressing the challenge of quantum error correction overhead, a major bottleneck to scalable quantum computing. By applying low-density parity-check (LDPC) codes—pioneered in part by co-founders Felix Thomsen, Larry Cohen and Sam Smith during their PhD work at the University of Sydney —the company aims to reduce the qubit overhead [...]