Company brief: Riverlane
Information only, not investment advice. This view does not rate, score or recommend any company or investor. Figures are as published by the sources named, with their dates; missing evidence is shown as not covered, never as a low value.
Brief dated 2026-11-04. Figures assembled on 2026-11-02 from the stored copies of the sources named in each section.
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Company and sources
- Country
- United Kingdom
- SME in CORDIS
- Yes
- Technology areas of its EU projects
- Quantum computing and simulation
Legal entities linked to this company after a review of name and country:
EU grants
Takes part in 1 EU-funded quantum project. EU contribution received: EUR 305,285.76 (net EU contribution CORDIS records for the company in these projects; not the project budgets and not payments).
No EIC scheme is named by the CORDIS funding scheme of these projects.
| Project | EIC scheme | Start | EU contribution to the project |
|---|---|---|---|
| QuBriC: Bridging Quantum and Classical Error Correction for Scalable Fault-tolerant Quantum Computing | Other scheme | 2026-10-01 | EUR 4,656,952.08 |
Source: CORDIS, Publications Office of the European Union, retrieved 2026-10-16.
Patent families
51 distinct quantum patent families, looked up on 2026-10-27.
Source: European Patent Office, Open Patent Services, by applicant name in the quantum CPC groups; derived counts only. A count is not a measure of patent quality or ownership.
Publications
109 works in quantum topics of the matched OpenAlex institution, looked up on 2026-10-29.
Source: OpenAlex, CC0; the institution is matched by name and country.
Infrastructure
Status: the deployment tracker names this company in no contract award.
Announced funding rounds
| Date | Type and status | Amount | Investors (organisations) | Sources |
|---|---|---|---|---|
| 2024-08-05 | Series C Closed | USD 75,000,000 As announced: has raised $75 million | Planet First Partners (lead), ETF Partners, EDBI, Cambridge Innovation Capital, Amadeus Capital Partners, National Security Strategic Investment Fund (NSSIF), Altair | TechCrunch, republished by Cambridge Innovation Capital (Press (no primary source read), read 2026-10-23; Article body: amount, round, lead and participants) Reputable press republished by an investor: riverlane.com answered HTTP 403. |
| Currency | Total as announced | Rounds |
|---|---|---|
| USD | USD 75,000,000 | 1 |
Not added: 0 undisclosed, 0 not closed (targets, commitments and selections), 0 acquisitions or listings and 0 included in a later figure. Currencies are never converted or added together.
From grant to equity
- First EU-funded quantum project
- QuBriC, Marie Skłodowska-Curie action (Horizon Europe), started 2026-10-01; EUR 4,656,952.08 (EU contribution (maximum grant agreed), the whole project). Source: CORDIS.
- First equity round recorded in the portal
- 2024-08-05, Series C, USD 75,000,000 (as announced: has raised $75 million). Sources: TechCrunch, republished by Cambridge Innovation Capital (read 2026-10-23; Article body: amount, round, lead and participants)
- Time between
- The first equity in the rounds file came 25 months before the start of the first linked project.
Not covered
- Valuations, revenues, ownership stakes, cap tables and individual investors are not collected.
- National grants, regional aid, loans and payments are not covered; EU figures are amounts awarded, not paid.
- Use of infrastructure as a customer is not recorded; only a named supplier role in the deployment tracker is shown.
- Nothing here is a rating, a recommendation or investment advice; figures are as published by their sources.