Riverlane Raises $75 Million to Meet Surging Global Demand for Quantum Error Correction Technology

Riverlane Raises $75 Million to Meet Surging Global Demand for Quantum Error Correction Technology

August 7, 2024
Riverlane, the global leader in quantum error correction technology, today announced that it has raised $75 million in Series C funding to deliver its groundbreaking quantum error correction (QEC) roadmap. The funding will enable Riverlane to expand operations to meet surging global market demand for QEC technology, with the goal of achieving one million error-free quantum computer operations by 2026.

Phasecraft Suite of Algorithms Simulates Materials on Near-Term Quantum Computers

Phasecraft Suite of Algorithms Simulates Materials on Near-Term Quantum Computers

January 27, 2024
Phasecraft – the startup led by top academics developing world-leading quantum algorithms – has developed another record-breaking suite of algorithms that makes simulating materials on quantum computers simpler and more efficient than ever before.
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