Riverlane can now begin building DeltaFlow, an operating system for quantum computers that will eventually spread worldwide. After a recent Series A funding of $20 million, the British company can now commence its operations. It has managed to get 20% of quantum hardware manufacturers to use Deltaflow since 2020. The funding will help Riverlane expand internationally.
DISCOVERY, the largest industry-led quantum computing project in the UK, was announced by nine major organisations. It is a £10 million programme to address commercial quantum computing and what makes it unfeasible now. UK Quantum Technologies Challenge, led by UK Research and Innovation, is partially funding the programme.
ColdQuanta recently announced that $32 million was raised in Series A funding, and there will be more to come. Co-led by Global Frontier Investments and LCP Quantum Partners, they were joined by current investor Maverick Ventures and a new investor, Foundry Group. These funds will be used to develop quantum computers, quantum positioning systems, and real-time quantum signal processing.
NPL’s programme Measurement for Quantum was recently announced. It will be providing advice and measurement projects to UK quantum companies for free. Through this programme, companies can go from making prototypes in laboratories to becoming industry-ready and producing new products and services commercially.