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News – 12.09.24
Buzzacott provides Financial Due Diligence Services to Planet First Partners for their investment in Riverlane Group
Learn more about the Financial Due Diligence Services Buzzacott provided to Planet First Partners for their investment in Riverlane Group … Read more
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VAT, tax and financial update for Housing Associations
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Seller: Riverlane
Buyer: Planet First Partners
Type of deal: Series C Investment
Sector: Technology - Quantum Computing
Value: $75m
Date: August 2024
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Riverlane is the global leader in quantum error correction technology. The funding will enable Riverlane to expand operations to meet surging global market demand for QEC technology, with the goal of achieving one million error-free quantum computer operations by 2026.
The round was led by Planet First Partners, the European growth equity sustainable investment platform, with participation from sustainability venture capital investors ETF Partners and Singapore-based global investor, EDBI. Existing investors Cambridge Innovation Capital (CIC), Amadeus Capital Partners, the UK's National Security Strategic Investment Fund (NSSIF), and global leader in computational intelligence Altair also participated in the Series C round.
Buzzacott provided financial and tax due diligence services to Planet First Partners.
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