MagiQware raised €575K in a pre-seed round to advance AI software for quantum computing, aiming to reduce costs for fault-tolerant applications. The funding will support their efforts in optimizing magic state factories.
Amount Raised
€575,000
Round Type
Pre-Seed
NetherlandsSoftwareArtificial IntelligenceMachine LearningInvestors
Description
MagiQware raised €575,000 in pre-seed funding to develop AI-driven software for fault-tolerant quantum computing. Early results indicate a potential 40% reduction in circuit length. The funding will aid in optimizing key components in quantum error correction. Investors include Graduate Ventures, Delft Enterprises B.V., and LUMO Labs.
Quick answer
MagiQware raised €575,000 in a Pre-Seed round, dated July 6, 2026. Investors: LUMO Labs, Delft Enterprises B.V. and Graduate Ventures. MagiQware is based in Netherlands.
- How much did MagiQware raise?
- MagiQware raised €575,000 in a Pre-Seed round on July 6, 2026.
- Who invested in MagiQware?
- LUMO Labs, Delft Enterprises B.V. and Graduate Ventures are named as investors in this round.
- What does MagiQware do?
- MagiQware develops AI-driven software that optimizes magic state factories, crucial for reducing quantum error-correction overhead in fault-tolerant quantum computing.
- Where is MagiQware based and how big is it?
- MagiQware is based in Netherlands. Fundz records about 4 employees.
- Who are the decision-makers at MagiQware?
- Fundz holds 1 contact at MagiQware, including the Co-Founder. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Software and Artificial Intelligence around the same time
Companies in the same sectors as MagiQware that raised within 45 days of this round, from Fundz verified event records.
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