Quantum computing has been a hypothetical technology since the 1980s. Now, it is beginning to reach commercialisation, with the prospect of transforming areas including drug development, financial modelling, and telecommunications.
We sat down with Edward Inns, a principal specialising in technology investments at Cambridge Innovation Capital (CIC). The firm’s portfolio company Riverlane develops quantum error correction technology, to help the correct the errors which prevent the technology from being scaled to a useful size.
Inns explains how the quantum computing works, and some of its key applications (1:12); the difference in computing power between a classical computer and a quantum computer (4:11); CIC’s investment in Riverlane (4:50); the company’s customer base and its main revenue streams (7:41); the J curve for an investment like Riverlane (11:36); and why CIC chose a service provider to gain exposure to quantum computing (14:55).
