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

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. The startup addresses the steep physical resource overhead required to maintain fault-tolerant quantum computing (FTQC). While standard quantum algorithms rely on quantum [...]

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