ICM HPQC (High Performance and Quantum Compute) Fund is a Singapore-based early-stage venture capital fund managed by ICM Global Funds Pte Ltd, investing in next-generation computing technologies including high-performance computing, quantum technology, semiconductors, photonics, and data-centre infrastructure.
40% of their portfolio is in Media & Entertainment. They made 1 investment in the last 12 months. Their most common stage is series-a (80% of deals). Average disclosed round size is $49.0M (across 4 rounds with reported amounts).
Portfolio
3
Fund Size
$100M
Top Stage
Series A
Last 12 Mo
1
Team
Duncan Saville
Chairman, ICM Limited HPQC Investment Committee
Janet Luo
Fund Accountant, ICM Limited
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
5 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Diraq | Series A | $100M | Jan 2026 |
 Mixx Technologies | Series A | $33M | Dec 2025 |
| Mixx Technologies | Series A | $33M | Jan 2025 |
 Salience Labs | Series A | $30M | — |
| Diraq | Series B | — | — |
Top Co-Investors
Systemiq Capital2 shared
TDK Ventures2 shared
Ajinomoto Group Ventures2 shared
Applied Materials2 shared
CapitalG1 shared
Silicon Catalyst Ventures1 shared
Cambridge Innovation Capital1 shared
India Quotient1 shared
Main Sequence1 shared
In-Q-Tel1 shared
Quantonation1 shared
Morgan Creek Capital Management1 shared
Last updated: 7 October 2026