Startup · United Kingdom
Riverlane
HQ Cambridge, United KingdomFounded 201651-200 employeesUpdated
Develops quantum error correction technology.
Funding6 rounds · ~$118M
- Equity raised
- ~$118M
- Debt, secondaries & grants
- ~$2.7M
- Latest
- $75.0MSeries C · Aug 6, 2024
| Announced | Stage | Amount | Valuation | Lead investors | Other investors | Confidence |
|---|---|---|---|---|---|---|
| Aug 6, 2024 | Series C | $75.0M | — | — | — | Reported |
| May 1, 2024 | Grant | ~$2.7M | — | — | — | Reported |
| Apr 28, 2023 | Debt | $57K | — | — | — | Reported |
| Apr 24, 2023 | Series B | ~$18.7M | — | Molten Ventures | — | Reported |
| Jan 25, 2021 | Series A | $20.0M | — | Amadeus Capital Partners, Molten Ventures | — | Reported |
| Jun 13, 2019 | Seed | ~$4.1M | — | Amadeus Capital Partners, Cambridge Innovation Capital | — | Reported |
- Series C$75.0MAug 6, 2024
- Grant~$2.7MMay 1, 2024
- Debt$57KApr 28, 2023
- Series BLed by Molten Ventures~$18.7MApr 24, 2023
- Series A$20.0MJan 25, 2021
- Seed~$4.1MJun 13, 2019
Raised counts equity rounds; debt, secondary sales and grants are totaled separately. Amounts in other currencies are converted at the announcement month's average rate. A ~ marks an estimated or converted amount.
Systems3
- DeltaflowA real-time quantum error correction system.
- Deltaflow 2An FPGA‑based quantum error correction (QEC) system that integrates Riverlane’s hardware decoder with high‑throughput data routing for real‑time processing.
- DeltakitOpen‑source software provided by Riverlane for developing and adopting quantum error correction.
Newest unveiled first. Systems that belong to a government program link to the program page, where variants, costs and contracts are.
People4
| Person | Role |
|---|---|
| Steve Brierley | Founder |
| Glenn Manoff | Chief Marketing Officer |
| Leonie Mueck | Chief Product Officer |
| Steve Brierley | CEO |
Sources5
Profile1
- 1
Defence Finance Monitor · Supports Organization · description
“the University of Cambridge) specializing in quantum error correction. Founded in 2016, it remains privately held and venture-backed. Strategic Technology”
Systems2
- 2
Riverlane · Supports Organization · name, Role, System
“Error Corrected with Riverlane Newsletter”
- 3
Riverlane · Supports System
“Deltaflow 2 is an FPGA-based QEC system integrating Riverlane’s proprietary hardware decoder with high-throughput data routing and real-time processing logic”
Funding1
- 4CompanyRiverlane | LinkedIn
LinkedIn · Supports Funding round, Organization · country, Organization · employee range, Organization · founded year, Organization · hq city, Organization · hq region, Organization · ownership, Role
“funding round: Series B, 2023-04-24, GBP 15,000,000, lead: Molten Ventures”
People1
- 5
Riverlane · Supports Role
“Sign up to receive a regular round-up from Riverlane CEO Steve Brierley on the biggest stories in quantum”
Each fact on this page is attached to the sources that support it. Archived copies are linked when we keep one.