MagiQware raises €500K pre-seed to cut the cost of fault-tolerant quantum computing
What's the deal? MagiQwareDealroom has a profile for this one. Try Dealroom →, a Dutch quantum computing startup based in Eindhoven, has raised €500K in pre-seed funding led by LUMO LabsDealroom has a profile for this one. Try Dealroom →. The company develops AI-driven software that optimises fault-tolerant quantum computing — specifically targeting the cost and complexity of so-called magic state factories, a key building block for scalable quantum systems.
Founded by a team with roots in leading European quantum research institutions, MagiQware operates within the quantum computing compiler and software stack, reducing the number of qubits needed to run quantum algorithms.
LUMO Labs led the round through its second TTT.AI programme, which backs Dutch AI and deeptech spin-offs.
Why now? Fault-tolerant quantum computing — the kind needed for real commercial applications — remains prohibitively expensive and resource-heavy. MagiQware says its AI agents have already shown they can reduce circuit length for target magic state factories by up to 40%, suggesting the technology is reaching an inflection point worth backing.
"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, chief executive officer and co-founder of MagiQware.
What could go wrong? Fault-tolerant quantum computing is still years away from widespread commercial deployment. MagiQware is building optimisation software for hardware that, in many cases, doesn't yet exist at scale. That makes it a classic deeptech bet — high potential, but with long timelines and technical risk.
The €500K round is modest, and the company will likely need significantly more capital to move from R&D to a commercially viable product.
The signal: LUMO Labs' bet via its TTT.AI programme underscores a growing investor conviction that the quantum software layer — not just hardware — will be where durable value is created. MagiQware's Eindhoven base also fits a broader pattern of Dutch deeptech spin-offs drawing early capital as the Netherlands cements itself as a European quantum hub.
Read more: LUMO Labs
