Quantum technologies hold the potential to forever alter the way in which we think about computation.

There are so-called superconducting qubits, trapped-ion qubits, photonic qubits, neutral atom qubits, and more.

However, they all have one thing in common they are prone to errors.

‘Switzerland of quantum computing’ raises $75M for error-correction chip

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These cause qubits to lose their quantum states, and affect the performance and reliability of quantum computers.

The best quantum computers today can perform a few hundred operations before being overwhelmed by errors.

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Riverlane is building chips that solve the error correction in quantum computing.

It does this by forming abstract logical qubits from a larger number of physical qubits.

This allows for the detection and correction of errors without disturbing the encoded information.

Linnea Ahlgren

Riverlanes QEC hardware and software are pathway-agnostic.

We are a bit like Switzerland, Brierley told us in a conversation earlier this year.

Brierley has been really impressed by the current level of understanding around quantum computers and technology of investors.

When I founded the company the question was, What is quantum computing?

Why should I be interested?

And that narrative and understanding has really progressed, he said.

Generational approach to investment

Planet First Partners led the Series C round.

This would mean that quantum computers could run computations impossible for even the worlds fastest supercomputers to simulate.

Story byLinnea Ahlgren

Linnea is the senior editor at TNW, having joined in April 2023.

Dabbles in gaming and fitness wearables.

But first, coffee.