2 years ago

Quantum Computing Startup Riverlane Raises £15M in Series B Funding

  • Riverlane, a quantum computing startup based in Cambridge, has raised £15 million in a Series B funding round led by Molten Ventures

  • The funding will be used to achieve cash flow break-even and further develop the company's self-correcting operating system for quantum computers

  • Riverlane aims to have its Decode software become a chip-based product capable of high-speed data transfer by 2026.

      • ProblemTechnology

      "Quantum computers are prone to errors, making them unreliable for practical applications."

      Solution

      "Riverlane is developing a self-correcting operating system for quantum computers, which will enable them to perform complex calculations with high accuracy."

      Covered on