Riverlane, a Cambridge spin-out, aims to overcome quantum error correction challenges with £75 million in Series C funding, targeting one million error-free operations by 2026 to revolutionize industries.
United Kingdom
Technology
To print this article, all you need is to be registered or login on Mondaq.com.
Almost every day, it seems like there is another article about
how Quantum Computing is poised to revolutionise the world, and our
place in it. We are delighted to see the next installment of our Racing Ahead series featured by Business
Weekly.
Tom Grendon takes a look at the pioneering
work of Riverlane, a Cambridge spin-out at the
forefront of quantum computing’s development. The piece
highlights Riverlane’s mission to fast-track quantum error
correction – a critical hurdle in realising the transformative
potential of this technology.
With recent £75 million in Series C funding, Riverlane is
poised to accelerate its work and achieve a milestone of one
million error-free quantum operations by 2026 – a breakthrough that
will unlock quantum computing’s widespread applicability across
industries.
Read the full article below now, and find out more about our
Cambridge team on our website.
Quantum computing is regularly predicted to be nearing a
cusp of rapid growth and transformation of numerous industries.
From the simulation of new protein interactions in the body to
determine potential drug discoveries to modelling material science
developments or even performing encryption and decryption of
data
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.