Riverlane raises $75 million Series C for real-time quantum error correction

Riverlane

Riverlane raised $75 million led by Planet First Partners, taking its total above $122 million. The money funds a three-year roadmap for Deltaflow, its stack of error-correction chips, hardware and software, aimed at one million error-free operations.

• Investors: Planet First Partners (lead), ETF Partners, EDBI, Cambridge Innovation Capital, Amadeus, NSSIF, Altair.
• Close to 100 people work on its core product.
• Partners named: Rigetti, Alice & Bob, QuEra, Infleqtion, Atlantic Quantum, Oak Ridge, UK NQCC.