{"id":194163,"date":"2024-08-06T18:28:56","date_gmt":"2024-08-06T23:28:56","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2024\/08\/riverlane-locks-up-75m-as-quantum-funding-continues-strong-year"},"modified":"2024-08-06T18:28:56","modified_gmt":"2024-08-06T23:28:56","slug":"riverlane-locks-up-75m-as-quantum-funding-continues-strong-year","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2024\/08\/riverlane-locks-up-75m-as-quantum-funding-continues-strong-year","title":{"rendered":"Riverlane Locks Up $75M As Quantum Funding Continues Strong Year"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/riverlane-locks-up-75m-as-quantum-funding-continues-strong-year.jpg\"><\/a><\/p>\n<p>Startup <a href=\"https:\/\/www.crunchbase.com\/organization\/riverlane\">Riverlane<\/a> helped continue what has been a strong year for venture funding in the quantum computing industry.<\/p>\n<p>The U.K.-based firm \u2014 which specializes in quantum error correction technology \u2014 raised a $75 million Series C led by <a href=\"https:\/\/www.crunchbase.com\/organization\/planet-first-partners\">Planet First Partners<\/a>. The round also includes participation from <a href=\"https:\/\/www.crunchbase.com\/organization\/etf-partners\">ETF Partners<\/a>, <a href=\"https:\/\/www.crunchbase.com\/organization\/edbi\">EDBI<\/a>, <a href=\"https:\/\/www.crunchbase.com\/organization\/cambridge-innovation-capital\">Cambridge Innovation Capital<\/a>, <a href=\"https:\/\/www.crunchbase.com\/organization\/amadeus-capital-partners\">Amadeus Capital Partners<\/a>, the <a href=\"https:\/\/www.crunchbase.com\/organization\/national-security-strategic-investment-fund\">National Security Strategic Investment Fund<\/a> and <a href=\"https:\/\/www.crunchbase.com\/organization\/altair-engineering\">Altair<\/a><\/p>\n<p>The company\u2019s tech helps quantum computers perform without succumbing to eventual errors. Such computers typically can only perform a few hundred quantum operations before failure.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Startup Riverlane helped continue what has been a strong year for venture funding in the quantum computing industry. The U.K.-based firm \u2014 which specializes in quantum error correction technology \u2014 raised a $75 million Series C led by Planet First Partners. The round also includes participation from ETF Partners, EDBI, Cambridge Innovation Capital, Amadeus Capital [\u2026]<\/p>\n","protected":false},"author":396,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1523,1617,1492],"tags":[],"class_list":["post-194163","post","type-post","status-publish","format-standard","hentry","category-computing","category-quantum-physics","category-security"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/194163","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/396"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=194163"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/194163\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=194163"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=194163"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=194163"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}