Tech Company Financing Transactions

Riverlane Funding Round

Riverlane secured a $75 million Series C financing round on 8/5/2024. Backers included Planet First Partners, Altair and Amadeus Capital.

Transaction Overview

Company Name
Riverlane
Announced On
8/5/2024
Transaction Type
Venture Equity
Amount
$75,000,000
Round
Series C
Investors

Planet First Partners (Lead Investor) (Nathan Medlock)

Altair

Amadeus Capital (Amelia Armour)

Cambridge Innovation Capital (Andrew Williamson)

Edbi

ETF Partners

National Security Strategic Investment Fund

Proceeds Purpose
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.

Company Information

Company Status
Private & Independent
Industry
Software
Mailing Address
59 St. Andrews St. 1st Floor
Cambridge, CB2 3BZ
UK
Phone
Undisclosed
Website
www.riverlane.com
Email Address
[email protected]
Overview
Riverlane builds ground-breaking software to unleash the power of quantum computers. Backed by leading venture-capital funds and the University of Cambridge, we develop software that transforms quantum computers from experimental technology into commercial products.
Profile
Riverlane LinkedIn Company Profile
Social Media
Riverlane Company Twitter Account
Company News
Riverlane News
Facebook
Riverlane on Facebook
YouTube
Riverlane on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Steve Brierley
  Steve Brierley LinkedIn Profile  Steve Brierley Twitter Account  Steve Brierley News  Steve Brierley on Facebook
Chief Operating Officer
Bek Simmons
  Bek Simmons LinkedIn Profile  Bek Simmons Twitter Account  Bek Simmons News  Bek Simmons on Facebook
VP - Engineering
Marco Ghibaudi
  Marco Ghibaudi LinkedIn Profile  Marco Ghibaudi Twitter Account  Marco Ghibaudi News  Marco Ghibaudi on Facebook
VP - Product Management
Leonie Mueck
  Leonie Mueck LinkedIn Profile  Leonie Mueck Twitter Account  Leonie Mueck News  Leonie Mueck on Facebook

 

 

Browse more venture capital transactions:

Prev: 8/5/2024: Groq venture capital transaction
Next: 8/5/2024: Evolve Business Group venture capital transaction

 

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