YES!Delft

MagiQware secures €575K Pre-Seed to advance quantum computing

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MagiQware has successfully raised €575,000 in a pre-seed funding round led by Graduate Ventures, with participation from Delft Enterprises B.V. and LUMO Labs.

MagiQware develops AI-driven software that addresses one of the biggest challenges in quantum computing: making fault-tolerant quantum computers more efficient and commercially viable. By optimizing magic state factories (a critical component of quantum error correction) the company aims to significantly reduce the computational resources required to run practical quantum applications.

The startup’s technology combines reinforcement learning with quantum compiler optimization to dynamically improve the performance of magic state factories. Early results have demonstrated up to a 40% reduction in circuit length, representing an important step towards scalable and cost-effective quantum computing.

As the quantum computing market moves closer to commercial deployment, reducing resource overhead will become increasingly important. MagiQware is positioning itself as a specialist software provider within the quantum ecosystem, enabling full-stack quantum computing companies to improve performance without developing these complex optimization capabilities in-house.

Graduate Ventures invested in MagiQware because of the company’s potential to remove a fundamental bottleneck in fault-tolerant quantum computing. By applying advanced AI techniques to optimize quantum error correction, MagiQware is helping bring commercially useful quantum applications closer to reality.

MagiQware is led by CEO Arash Ahmadi, PhD, and CTO Shakeeb Majid, alongside Head of Device Sahar Hejazi, PhD, and Head of Theory Ali Moghaddam, PhD. The founding team combines expertise in quantum computing, artificial intelligence, software engineering, and physics to tackle one of the most challenging problems in the field.

The new funding will support the further development of MagiQware’s technology and accelerate collaborations with partners across the rapidly growing quantum computing industry.

Holland HighTech SME Call

Last week MagiQware also won the Holland HighTech SME Call, a project together with the University of Amsterdam in which they will work together on the development to develop AI-powered software that optimizes magic state factories, a major bottleneck in fault-tolerant quantum computing, with the goal of significantly reducing the hardware resources required for quantum error correction. By combining academic research with practical software development, the project aims to accelerate the commercialization of quantum computing while strengthening the Netherlands’ leadership in quantum technology.

More information can be found here: https://www.hollandhightech.nl/programma-s-en-projecten/projecten/device-agnostic-ai-powered-magic-state-factories.

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