ICM HPQC Fund

Venture Capital Singapore ·Founded 2024

Overview

ICM HPQC Fund is a venture capital fund investing in the next generation of computing, including high-performance computing, quantum technology, and new data-centre technologies. The fund aims to bridge the gap between the increasing demand for more powerful, energy-efficient, and secure computing and the capabilities of existing systems. By leveraging the ICM Group's experience in novel technologies like AI and quantum computing, as well as its history in telecommunications and data centre infrastructure investing, ICM HPQC Fund seeks to support companies that drive innovation in these critical sectors. The fund's investment strategy focuses on early-stage companies working on semiconductors, high-performance computing, and quantum technology projects. It aims to capitalize on the increasing demand for computational power necessary for advancements in artificial intelligence, edge computing, and other transformative technologies. By targeting these cutting-edge sectors, ICM HPQC Fund seeks to provide investors with access to emerging technologies that are poised to reshape the future of computing. ICM HPQC Fund is managed by ICM Global Funds Pte. Ltd., a Singapore-based fund management company serving accredited and institutional investors across a range of asset classes and strategies. ICM Global Funds is a wholly-owned subsidiary of ICM Limited, an international fund manager and corporate finance adviser with expertise in listed equity, private equity, and fixed income. The fund's portfolio includes investments in companies like Salience Labs, a leader in photonic solutions targeting connectivity for AI data centre infrastructure, and Diraq, a company specializing in quantum computing technologies. These investments reflect the fund's commitment to supporting innovative companies at the forefront of high-performance computing and quantum technology. ICM HPQC Fund is regulated by the Monetary Authority of Singapore and holds a Capital Markets Services license to conduct fund management activity. The fund is structured as a sub-fund of a Variable Capital Company (VCC), providing flexibility, tax efficiency, and privacy to clients. This structure allows the fund to adapt to the evolving needs of the technology sector while maintaining a strong focus on achieving risk-aware, sustainable returns for its investors.

Investment Focus

  • Accredited Investors
  • Institutional Investors

Portfolio Companies

Salience LabsDiraq

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Frequently asked questions about ICM HPQC Fund

What sectors does ICM HPQC Fund invest in?

ICM HPQC Fund invests in Infrastructure, Telecommunications, Artificial Intelligence, Cybersecurity, Semiconductors and Cloud Computing, and is based in Singapore. ICM HPQC Fund is listed as a venture capital in the ConnectSafely investor database.

What stage does ICM HPQC Fund invest at?

ICM HPQC Fund backs companies at Seed, Early Stage and Late Stage, writing cheques of 1M - 100M.

Which regions does ICM HPQC Fund invest in?

ICM HPQC Fund invests across United States, United Kingdom, Canada, Germany, Japan and Australia.

What companies has ICM HPQC Fund invested in?

ICM HPQC Fund's portfolio includes Salience Labs and Diraq.

Last updated · Source: ConnectSafely investor database