Quantum Computing Reaches Commercialization
Quantum computing, which has been a hypothetical technology since the 1980s, is now beginning to reach commercialization, according to Private Equity Wire. Edward Inns, a principal at Cambridge Innovation Capital specializing in technology investments, discussed this development in an interview, highlighting its potential to transform areas including drug development, financial modelling, and telecommunications.
Cambridge Innovation Capital’s Portfolio and Investment
Cambridge Innovation Capital’s portfolio includes Riverlane, a company that develops quantum error correction technology to address errors preventing quantum computing from scaling. Inns explained CIC’s investment in Riverlane during the interview, noting it as a way for the firm to gain exposure to quantum computing through a service provider.
Key Topics from the Interview
In the interview, Inns covered how quantum computing works and its key applications, the difference in computing power between classical and quantum computers, Riverlane’s customer base and main revenue streams, the J curve for an investment like Riverlane, and why CIC chose a service provider for quantum computing exposure, according to Private Equity Wire. These discussions provide insights into the technology’s practical implications for emerging fund managers in technology investments.
Implications for Emerging Managers
As is widely known, quantum computing could offer significant advantages in computational power, making investments in related technologies a focus for funds like Cambridge Innovation Capital. According to Private Equity Wire, such investments underscore the sector’s growth potential.
