MagiQware Secures €575K ($658K USD) Pre-Seed Allocation to Optimize Quantum Magic State Factories via Reinforcement Learning - Quantum Computing Report

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MagiQware Secures €575K ($658K USD) Pre-Seed Allocation to Optimize Quantum Magic State Factories via Reinforcement Learning

Delft University of Technology (TU Delft) deep-tech spin-off MagiQware has finalized its pre-seed funding round, reaching a total of €575,000 ($658K USD) in investment capital. Initially launching with a €500K close led by early-stage investment manager LUMO Labs via the TTT.AI programme, the round was expanded to €575K following a subsequent co-investment completion by Graduate Ventures and Delft Enterprises B.V. The capital injection is allocated to accelerate product development, validate automated software compilers, and expand the technical engineering team.