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

Canonical page: https://technooptimist.io/stories/riverlane-raises-75-million-series-c-for-real-time-quantum-error-37680eb5
Date: 6 Aug 2024
About: [Riverlane](https://technooptimist.io/companies/riverlane.md)
Original source: https://tech.eu/2024/08/06/riverlane-raises-75m-series-c-for-quantum-error-correction-technology/

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.

## Key facts

- 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.

---

The Techno Optimist tracks every frontier of technology, program by program: https://technooptimist.io/ (a Markdown version of any page: add .md to its URL; site map for agents: https://technooptimist.io/llms.txt).
Data API (JSON, realtime stream): https://technooptimist.io/developers. People read 5 pages free, then Reader $10/month; these Markdown pages are open to agents.