🎉 NEW PRE-SEED INVESTMENT 🎉We are thrilled to announce our latest investment in MagiQware, a DeepTech company specializing in AI-driven software for fault-tolerant quantum computing. They secured €575K in a funding round with participation from Graduate Ventures, Delft Enterprises B.V., and LUMO Labs.
❓ Why we invest – Fault-tolerant quantum computing holds enormous commercial promise, but resource costs remain a major barrier to real-world impact. MagiQware is addressing this head-on by optimizing magic state factories, a critical building block for scalable quantum systems, using advanced AI techniques. Their work is bringing commercially useful quantum applications meaningfully closer to reality.
💡 Market – The quantum computing market is expected to grow exponentially over the coming decade. As the industry moves towards commercial deployment, reducing computational overhead and improving error correction will become essential. MagiQware is positioning itself as a critical software provider within the quantum stack, serving full-stack quantum computing companies that need specialized optimization without developing it in-house.
❕ Technology – MagiQware develops software within the quantum computing compiler and software stack, using reinforcement learning to dynamically optimize magic state factories. By reducing the resources required for quantum error correction, their technology enables quantum computers to run useful algorithms far more efficiently, with early results already demonstrating up to a 40% reduction in circuit length for target magic state factories.
👥 Team – MagiQware is led by CEO Arash Ahmadi, PhD and CTO Shakeeb Majid, and further strengthened by Sahar Hejazi (PhD) (Head of Device) and Ali Moghaddam, PhD (Head of Theory). Together, the team combines world-class expertise across quantum computing, AI, software engineering, and physics, bringing together deep academic knowledge with strong technical execution to tackle one of the most challenging problems in fault-tolerant quantum computing.Graduate dealteam Annemarie van Wiechen&Onno van Binsbergen