About Riverlane
Riverlane is a company based in Cambridge (United Kingdom) founded in 2017 by Steve Brierley. Riverlane has raised $118.41 million across 9 funding rounds from investors including Altair, Gov.uk and British Business Bank. The company has 70 employees. Riverlane operates in a competitive market with competitors including BlueQubit, Qedma, Qruise, Fermioniq and Aqintel, among others.
- Headquarter Cambridge, United Kingdom
- Employees 70
- Founders Steve Brierley
- Stage Minicorn
- SectorsTechnology
- Email••••••••
- Website riverlane.com
- Social LinkedIn X
- Legal Name Riverlane Ltd
- Date of Incorporation 04 Jul, 2016
- Jurisdiction CAMBRIDGE, CAMBRIDGESHIRE, UNITED KINGDOM
- Total Equity Funding$118.41M (USD)
in 9 rounds
- Latest Funding Round$75M (USD), Series C
Aug 2024
- InvestorsAltair
& 12 more
- Employee Count70
Funding Insights of Riverlane
Riverlane has successfully raised a total of $118.41M across 9 strategic funding rounds. The most recent funding activity was a Series C round of $75 million completed in August 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $118.41M
- Total Rounds 9
- Last Round Series C — $75M
- Investors Count 13
All 9 funding rounds of Riverlane with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2024 | $75M | Series C | – | Planet First Partners | |
| May 2024 | $2.63M | Grant | – | – | |
| Apr 2023 | $18.66M | Series B | – | Molten Ventures | |
| Jun 2022 | – | Grant | – | – | |
| Aug 2021 | – | Grant | – | – | |
| Jan 2021 | $20.53M | Series A | $62.09M | Molten Ventures | |
| Nov 2020 | – | Grant | – | – | |
| Apr 2019 | $4.21M | Seed | $9.36M | Cambridge Innovation Capital, Amadeus Capital | – |
| Aug 2018 | – | Seed | – | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Jan 2021 | $62.09M | •••••••• |
| Apr 2019 | $9.36M | •••••••• |
Last known valuation $62.09M (Jan 2021). 13 investors in total: 13 institutional.
Investors in Riverlane
Riverlane has secured backing from 13 investors, including venture fund and institutional investors. Prominent investors backing the company include Altair, Gov.uk and British Business Bank.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital fund focused on healthcare, energy, and multiple sectors | – | planetfirst.partners | London, United Kingdom | |
Early-stage investments in tech and energy sectors are targeted. | – | etfpartners.capital | London, United Kingdom | |
Government-backed investments are directed toward healthcare, fintech, and various sectors. | – | edbi.com | Singapore, Singapore | |
Venture capital investments are made in life sciences and deep tech. | 2013 | cic.vc | Cambridge, United Kingdom | |
Early-stage deep technology investments are made by Amadeus Capital. | – | amadeuscapital.com | London, United Kingdom | |
Private debt fund and fund of funds focused on startups | 2014 | british-business-bank.co.uk | Sheffield, United Kingdom | |
Venture capital fund focused on deep tech, consumer tech, health tech, SaaS, and multiple sectors | 2006 | moltenventures.com | London, United Kingdom | |
- | – | nationalsecuritystrategicinvestmentfund.tcc.mode | - | |
AI-powered data science platform enables model deployment and analytics insights. | 1985 | altair.com | Troy, United States | |
Institution of the European Union responsible for upholding the EU treaties | 1958 | ec.europa.eu | Brussels, Belgium |
Investor details for Riverlane
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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People of Riverlane
49 people are tracked at Riverlane (12 in leadership, 4 in board & advisors, 33 in team); the tracked headcount is 70.
| Name | Role | Group |
|---|---|---|
Steve Brierley | Founder & CEO | Leadership |
Marco Ghibaudi | VP, Engineering | Leadership |
Bek Simmons | COO | Leadership |
Glenn Manoff | Chief Marketing Officer | Leadership |
Earl Campbell | VP, Quantum Science | Leadership |
Stefan Cap | Head of US Government Partnerships | Leadership |
Samin Ishtiaq | Head Of Systems | Leadership |
Diana Ford | Head of People & Culture | Leadership |
Emily W. | Associate Director, Global Talent Acquisition | Leadership |
Fiona Ecott | Head of Finance | Leadership |
Maria Maragkou | VP of Product | Leadership |
Luigi Martiradonna | Head Of Business Development | Leadership |
Andrew Williamson | Director | Board & advisors |
Amelia Armour | Director | Board & advisors |
Hermann Hauser | Director | Board & advisors |
Stuart Chapman | Director | Board & advisors |
Lauren Swanser | People Admin Assistant | Team |
Kenton Barnes | Staff Quantum Engineer | Team |
Gordon Bateman | Office Manager and IT Coordinator | Team |
Hari Krovi | Tech Lead, Superconducting Qubits | Team |
29 more people are available in the full profile.
Complete people profiles for Riverlane
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Riverlane
4 dated milestones of Riverlane across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Riverlane is founded.
- Funding First funding round.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series C, of $75.0M.
Competitors of Riverlane
Riverlane operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as BlueQubit, Qedma, Qruise, Fermioniq and Aqintel, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| bluequbit.io | 2022 | Stanford, United States | $10.27M | – | AI-based quantum computing software solutions are developed for specialized applications. | |
| qedma.com | 2020 | Tel Aviv, Israel | $30.7M | – | Software products for quantum computation performance are provided by Qedma. | |
| qruise.com | 2021 | Saarbrucken, Germany | – | – | Provider of machine learning tools and software components for quantum solutions | |
| fermioniq.com | 2021 | Amsterdam, Netherlands | – | – | Operating software for quantum computers is developed. | |
| aqintel.com | 2018 | – | – | – | Developer of computer software designed for quantum-mechanism | |
| qibo.science | 2020 | Iceland | – | – | Delivers comprehensive solutions for open-source operating systems. | |
| pqstech.co.uk | 2007 | Leeds, United Kingdom | – | – | Offers land surveying, laser scanning, and equipment sales services. | |
| quantaverse.space | 2023 | Stockholm, Sweden | – | – | Provides AI-based quantum computing solutions for financial crime investigation. | |
| munichquantum.software | 2024 | Germany | – | – | Creates software tools and services for quantum computing development and applications. |
Detailed competitors of Riverlane
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Riverlane
The website of Riverlane (riverlane.com) receives about 17.4K visits a month.
- Monthly visits17.4K
▼ 10.8% vs previous month
Websites whose visitors overlap most with Riverlane. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| q-ctrl.com | 100% | 65.1K | #525,097 | View details | |
qworld.net | qworld.net | 100% | – | #908,815 | – |
| quantum-machines.co | 99% | 44.2K | #731,575 | View details | |
chicagoquantum.org | chicagoquantum.org | 96% | – | #1,272,303 | – |
photonicsonline.com | photonicsonline.com | 91% | – | #1,925,172 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 19 similar websites and full traffic analytics for Riverlane
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 19 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Riverlane
Complete news archive for Riverlane
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Riverlane
10 companies that operate in the same segment as Riverlane (Neuromorphic & Quantum Computing), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Full-stack quantum computing solutions using superconducting qubits are developed. | 2013 | Berkeley, California, United States | USD 195.62 M | USD 7.09 M | 140 | |
Photon-based universal quantum computers are developed for error correction. | 2015 | Palo Alto, California, United States | USD 2.32 B | USD 1.04 M | 12 | |
Universal quantum computers using trapped-ion technology are provided via cloud. | 2015 | College Park, Maryland, United States | USD 86 M | USD 43.07 M | 407 | |
Cloud-based quantum cryptography solutions for secure communication are developed. | 2016 | Bengaluru, Karnataka, India | USD 43.25 M | USD 102.62 K | 58 | |
Integrated universal quantum computers and software are developed. | 1999 | Burnaby, British Columbia, Canada | USD 210.36 M | USD 8.83 M | 220 | |
Universal quantum computers are developed using optically trapped neutral atoms. | 2018 | Berkeley, California, United States | USD 201.2 M | – | – | |
System-on-chips for quantum computing applications are provided. | 2019 | Elmsford, New York, United States | USD 64.26 M | – | 13 | |
Superconducting quantum computers are developed with advanced processors and operations. | 2018 | Espoo, Finland | USD 526.89 M | – | – | |
Application-oriented research is conducted in bioeconomy, AI, and climate technologies. | 1949 | Darmstadt, Hesse, Germany | USD 23.27 M | – | – | |
Quantum computers are provided using superconducting qubits and trapped ions. | 2019 | Harrogate, United Kingdom | USD 38.76 M | – | 13 |
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Frequently Asked Questions about Riverlane
Riverlane was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Riverlane is headquartered in Cambridge, United Kingdom. It is registered at Cambridge, Cambridgeshire, United Kingdom.
Steve Brierley is the current CEO of Riverlane. They have also founded this company.
Riverlane is a funded company, having raised a total of $118.41M across 9 funding rounds to date.
Riverlane has 70 employees.
Riverlane was founded in 2017 in Cambridge, United Kingdom, to develop software for quantum computers. Computing elements in the stack are rendered accessible, akin to CPUs, FPGAs, and qubits. Quantum error correction is supported, alongside tools for measurement strategies, noise models, and algorithms. The company operates within the quantum computing sector, focusing on foundational software layers for hardware integration.
Riverlane has 13 investors. Key investors include Altair, Gov.uk, British Business Bank, European Commission, and University of Cambridge.
The valuation of Riverlane is $62.09M as of Jan 2021.
Riverlane operates through Riverlane Ltd.