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Riverlane

Riverlane

Quantum computing software company building an engine for the simulation of microscopic systems, with the goal of replacing expensive laboratory tests with computer simulation.

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Contents

riverlane.com
riverlane.io
Is a
Organization
Organization
Company
Company

Company attributes

Industry
Quantum computing
Quantum computing
Quantum technology
Quantum technology
Management consulting
Management consulting
Software
Software
Computer Software
Computer Software
Technology
Technology
Location
United Kingdom
United Kingdom
Cambridge, Cambridgeshire
Cambridge, Cambridgeshire
B2X
B2B
B2B
CEO
‌
Steve Brierley
Founder
‌
Steve Brierley
AngelList URL
angel.co/river-lane-research-1
Legal Name
River Lane Research Ltd
Number of Employees (Ranges)
11 – 50
Email Address
team@riverlane.io
Full Address
1st Floor St Andrews House 59 St Andrews Street Cambridge CB2 3BZ
Investors
Cambridge Innovation Capital
Cambridge Innovation Capital
University of Cambridge Enterprise
University of Cambridge Enterprise
‌
Cambridge Innovation Capital PLC
‌
University (CTrain)
Draper Esprit
Draper Esprit
Parkwalk Advisors
Parkwalk Advisors
Founded Date
2017
Total Funding Amount (USD)
28,199,999
Latest Funding Round Date
2021
Competitors
Horizon Quantum Computing
Horizon Quantum Computing
Latest Funding Type
Series A
Series A
Patents Assigned (Count)
1
Wellfound ID
river-lane-research-1
Country
United Kingdom
United Kingdom
Headquarters
Cambridge, Cambridgeshire
Cambridge, Cambridgeshire

Other attributes

Company Operating Status
Active
Latest Funding Round Amount (USD)
20,000,000
Wikidata ID
Q90821123

Riverlane is a spin-out company from the University of Cambridge that develops software and algorithms for quantum computers. The company is building an engine for simulating microscopic systems, with the goal of replacing expensive laboratory tests with computer simulation. Collaborating with other companies and academics, Riverlane is developing two early use cases for their software: the design of new battery materials and new drugs.

The company is based in Cambridge, United Kingdom and was founded in 2017 by CEO Steve Brierly.

Technology
Anion

Riverlane's Anian quantum software is a tool for users to apply the newest quantum algorithms, with a focus on chemical applications. It includes patented algorithms that decrease quantum hardware requirements. Anian is connected to a realistic quantum hardware emulator, allowing users to test ideas without having to use quantum hardware. Users can also experiment with different measurement strategies, noise models and algorithms. Anian is portable to any hardware based on trapped-ion or superconducting qubits.

DeltaFlow

DeltaFlow allows end-users, software providers and hardware developers to build full-stack software through a portable language. The latency that occurs when running hybrid algorithms on commercial platforms mitigates the quantum advantage. DeltaFlow enables feedforward programs and accelerates hybrid algorithms. The technology is portable and extensible, offering reconfigurable logic building sequences on demand. DeltaFlow also defines the Quantum Abstract Machine, a standardization that is sorely needed across the industry.

Funding

On June 13, 2019, the startup announced €3.7 million in seed funding. Cambridge Innovation Capital and Amadeus Capital Partners led the round in which the university’s commercialization arm, Cambridge Enterprise, also participated.

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

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References

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