MagiQware raises €500K pre-seed investment to accelerate fault-tolerant quantum computing

Press release May 28, 2026

Eindhoven, the Netherlands, May 28, 2026 – MagiQware, a Dutch emerging quantum computing startup developing AI-driven solutions for fault-tolerant quantum computing, has secured a €500K pre-seed investment led by LUMO Labs – the fund manager of the second TTT.AI programme supporting Dutch AI and deeptech spin-offs.

Founded by a team with deep roots in some of Europe’s leading quantum research institutions, MagiQware brings together expertise in quantum computing, AI, and software engineering to address one of the sector’s most significant technical bottlenecks: the cost and complexity of fault-tolerant quantum computing.

MagiQware develops software within the quantum computing compiler and software stack, optimizing the use of qubits required to execute quantum algorithms. The company specifically focuses on improving magic state factories – one of the key building blocks necessary for scalable, fault-tolerant quantum systems.

Fault-tolerant quantum computing is essential for unlocking the full commercial potential of quantum technology, but today its cost and resource requirements remain major barriers,” said Arash Ahmadi, CEO and Co-Founder of MagiQware. “At MagiQware, we are developing AI-driven software to optimize magic state factories and reduce the overhead required to run useful quantum algorithms. This pre-seed investment enables us to accelerate our R&D, expand our technical capabilities, and move closer to making commercial quantum computation practical.”

Quantum computing has the potential to redefine industries but its real-world impact depends on making these systems scalable and practical. MagiQware is helping bringing commercially useful quantum applications closer to reality.” said Linn-Cecilie Linnemann, Senior Partner at LUMO Labs.

“The MagiQware team has already demonstrated promising early results, designing AI agents capable of discovering optimized magic state factories and reducing circuit length for target magic state factories by up to 40%.”added Sven Bakes, Founding Partner at LUMO Labs

The investment will support R&D, product development, and validation of MagiQware’s AI-driven magic state factory optimization technology.

Back