Quantum Computing Startup Riverlane Raises $75 Million
Riverlane doesn’t build quantum computers of its own but designs chips to correct errors generated in conducting that method of computation.
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Riverlane, a startup that makes semiconductors to help reduce quantum computing errors, raised $75 million in its latest round of funding.
The round was led by Europe’s Planet First Partners, which focuses on climate tech investments. Venture capital firm ETF Partners and Singapore’s EDBI also joined. It marked the latest in a growing series of investments in quantum computing, which has long held out the promise of delivering world-changing advances.