Riverlane
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Riverlane

https://riverlane.com/
Last activity: 24.10.2024
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Categories: BuildingCommerceComputerHardwareIndustryProductQuantumResearchSoftwareTechnology
Riverlane builds ground-breaking software to unleash the power of quantum computers. Backed by leading venture-capital funds and the University of Cambridge, we develop software that transforms quantum computers from experimental technology into commercial products.

We tease the highest possible performance out of quantum software to reach quantum advantage sooner. By making Riverlane’s software portable across technologies, early adopters don’t need to choose which technology to pursue. We go deep into the stack so that our hardware partners can focus on the physics and build better full-stack solutions. We work with the chemical, pharmaceutical and materials industries to improve algorithms and specify early killer applications of quantum computers.

Our world-leading, multi-disciplinary team is based in the heart of Cambridge, UK. We work together to develop pioneering quantum software. Curious by nature, and optimistic in outlook, we have a razor-sharp focus on doing whatever it takes to get to useful quantum computing, sooner.
Followers
2.94K
Website visits
33.1K /mo.
Mentions
77
Location: United Kingdom, England, Cambridge
Employees: 51-200
Total raised: $113.78M
Founded date: 2017

Investors 5

Funding Rounds 3

DateSeriesAmountInvestors
16.08.2024Series C$75.12M-
25.04.2023Series B$18.66M-
25.01.2021Series A$20MDraper Esp...

Mentions in press and media 77

DateTitleDescription
24.10.2024Innovate Cambridge launches strategy to accelerate innovation through increased startup investmentCambridge, UK has unveiled a plan to supercharge the impact of the Greater Cambridge area by doubling the rate at which it builds unicorns, doubling the venture capital investment the city’s startups receive, and creating twice as many scie...
09.10.2024The Quantum Leap: Altair's Breakthrough in Computational Fluid DynamicsIn the realm of technology, breakthroughs often resemble lightning strikes—brief, powerful, and capable of illuminating the dark corners of possibility. Recently, Altair, a titan in computational intelligence, and the Technical University o...
09.10.2024Altair and Technical University of Munich Discover Breakthrough in Quantum Computing for Computational Fluid DynamicsResearch details solutions for several key challenges of quantum computing implementation TROY, Mich., Oct. 9, 2024 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in computational intelligence, and researchers from the Technical Uni...
06.09.2024August 2024's top 10 European tech deals you need to know aboutAugust was the slowest month YTD, with over €1.9 billion raised in some 203 deals. This figure represents a decrease of around 60 per cent compared to the previous month (in July European tech companies collected €5 billion). The August slo...
16.08.2024Riverlane: Quantum Error Correction Company Secures $75 Million (Series C)Riverlane, the global leader in quantum error correction technology, announced that it has raised $75 million in Series C funding to deliver its groundbreaking quantum error correction (QEC) roadmap. The funding will enable Riverlane to exp...
07.08.2024Riverlane's Quantum Leap: $75 Million Series C Funding to Revolutionize Quantum ComputingIn the heart of Cambridge, a revolution is brewing. Riverlane, a pioneer in quantum error correction technology, has secured $75 million in Series C funding. This investment is not just a financial boost; it’s a ticket to the future of quan...
07.08.2024Riverlane Raises $75M in Series C FundingRiverlane, a Cambridge, UK-based quantum error correction technology company, raised $75M in Series C funding. The round was led by Planet First Partners, with participation from ETF Partners and EDBI. Existing investors Cambridge Innovatio...
06.08.2024Riverlane Locks Up $75M As Quantum Funding Continues Strong Year6 Shares Email Facebook Twitter LinkedIn Startup Riverlane helped continue what has been a strong year for venture funding in the quantum computing industry. The U.K.-based firm — which specializes in quantum error correction technology — r...
06.08.2024Riverlane raises $75 million to meet surging global demand for quantum error correction technologyCambridge, UK; Boston, US: Riverlane, the global leader in quantum error correction technology, announces that it has raised $75 million in Series C funding to deliver its groundbreaking quantum error correction (QEC) roadmap. The funding w...
06.08.2024Cambridge-based Riverlane nabs €68.6 million Series C to deliver quantum error correction roadmapRiverlane, a global leader in quantum error correction technology, announced that it has raised €68.6 million in Series C funding to deliver its groundbreaking quantum error correction (QEC) roadmap. The round was led by Planet First Partne...
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