{
    "title": "Company brief: Riverlane",
    "notice": "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.",
    "generated": "2026-11-04",
    "rows_assembled": "2026-11-02",
    "company": {
        "id": "riverlane",
        "name": "Riverlane",
        "country": "GB",
        "sme_in_cordis": true,
        "brief": "/quantum-europe/investors/companies/riverlane/brief",
        "cordis_organisations": [
            "cordis-org:907728232"
        ],
        "technology_areas": [
            "computing"
        ],
        "eu_projects": 1,
        "eu_contribution_received_eur": 305285.76,
        "eic_projects": [],
        "patents": {
            "families": 51,
            "lower_bound": false,
            "looked_up": "2026-10-27"
        },
        "publications": {
            "quantum_works": 109,
            "looked_up": "2026-10-29"
        },
        "deployment_records": [],
        "rounds": [
            "riverlane-2024-08-series-c"
        ],
        "signals": [
            "eu_grants",
            "patents",
            "publications",
            "rounds"
        ]
    },
    "projects": [
        {
            "id": "cordis:101312335",
            "acronym": "QuBriC",
            "title": "Bridging Quantum and Classical Error Correction for Scalable Fault-tolerant Quantum Computing",
            "url": "https://cordis.europa.eu/project/id/101312335",
            "start": "2026-10-01",
            "project_eu_contribution": 4656952.08,
            "currency": "EUR",
            "eic_scheme": null
        }
    ],
    "cordis_retrieved": "2026-10-16",
    "rounds": [
        {
            "id": "riverlane-2024-08-series-c",
            "company": "Riverlane",
            "company_id": "riverlane",
            "date": "2024-08-05",
            "type": "Series C",
            "status": "Closed",
            "amount": 75000000,
            "currency": "USD",
            "amount_as_announced": "has raised $75 million",
            "qualifier": "exact",
            "lead_investors": [
                "Planet First Partners"
            ],
            "investors": [
                "Planet First Partners",
                "ETF Partners",
                "EDBI",
                "Cambridge Innovation Capital",
                "Amadeus Capital Partners",
                "National Security Strategic Investment Fund (NSSIF)",
                "Altair"
            ],
            "sources": [
                {
                    "url": "https://www.cic.vc/uks-riverlane-scores-75m-to-correct-quantum-errors/",
                    "publisher": "TechCrunch, republished by Cambridge Innovation Capital",
                    "kind": "press",
                    "retrieved": "2026-10-23",
                    "locator": "Article body: amount, round, lead and participants"
                }
            ],
            "included_in_later_figure_of": [],
            "public_investment_registry": [],
            "note": "Reputable press republished by an investor: riverlane.com answered HTTP 403."
        }
    ],
    "lab_to_market": {
        "id": "riverlane",
        "name": "Riverlane",
        "country": "GB",
        "method": "reviewed_link",
        "pics": [
            "907728232"
        ],
        "nid": 10452,
        "families": [
            "computing"
        ],
        "grants": 1,
        "first_grant": {
            "id": "cordis:101312335",
            "acronym": "QuBriC",
            "title": "Bridging Quantum and Classical Error Correction for Scalable Fault-tolerant Quantum Computing",
            "start": "2026-10-01",
            "programme": "Horizon Europe",
            "scheme": "HORIZON-TMA-MSCA-DN",
            "kind": "msca",
            "amount": 4656952.08,
            "currency": "EUR",
            "measure": "EU contribution (maximum grant agreed)",
            "url": "https://cordis.europa.eu/project/id/101312335",
            "nid": 1674
        },
        "first_eic_early": null,
        "first_eic_accelerator": null,
        "first_eic_fund": null,
        "first_equity": {
            "id": "riverlane-2024-08-series-c",
            "date": "2024-08-05",
            "type": "series_c",
            "status": "closed",
            "amount": 75000000,
            "currency": "USD",
            "amount_text": "has raised $75 million",
            "qualifier": "exact",
            "eic": false,
            "sources": [
                {
                    "url": "https://www.cic.vc/uks-riverlane-scores-75m-to-correct-quantum-errors/",
                    "publisher": "TechCrunch, republished by Cambridge Innovation Capital",
                    "kind": "press",
                    "retrieved": "2026-10-23",
                    "locator": "Article body: amount, round, lead and participants"
                }
            ],
            "registry": []
        },
        "first_private": {
            "id": "riverlane-2024-08-series-c",
            "date": "2024-08-05",
            "type": "series_c",
            "status": "closed",
            "amount": 75000000,
            "currency": "USD",
            "amount_text": "has raised $75 million",
            "qualifier": "exact",
            "eic": false,
            "sources": [
                {
                    "url": "https://www.cic.vc/uks-riverlane-scores-75m-to-correct-quantum-errors/",
                    "publisher": "TechCrunch, republished by Cambridge Innovation Capital",
                    "kind": "press",
                    "retrieved": "2026-10-23",
                    "locator": "Article body: amount, round, lead and participants"
                }
            ],
            "registry": []
        },
        "registry": [],
        "rounds": 1,
        "stages": {
            "grant": true,
            "eic_early": false,
            "eic_accelerator": false,
            "private_round": true
        },
        "months": -25,
        "order": "equity_first",
        "median_eligible": false
    },
    "gaps": [
        "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."
    ]
}