PHASES 1-3 TOTAL PRIZE POOL

$2.1 million
Phase 1: $200,000

$200,000 was distributed evenly across ten (10) winners

Phase 2: $1,000,000

$1,000,000 was distributed evenly across five (5) winners

Phase 3: $900,000

$900,000 was awarded across five (5) teams

Phase 1
Ten (10) winners were nominated by the independent judging panel according to official Phase 1 selection criteria. The total Phase 1 prize pool of $200,000 was distributed evenly across Phase 1 winners. As part of their acceptance of the associated Phase 1 monetary prize, winners agreed to have a brief synopsis of their concept published on the MagQuest website.

Meet the Phase 1 winners here.

Phase 2
Five (5) winners were nominated by the independent judging panel according to official Phase 2 selection criteria. The total Phase 2 prize pool of $1 million was distributed evenly across the Phase 2 winners. As part of their acceptance of the associated Phase 2 monetary prize, winners agreed to have a brief synopsis of their concept published on the MagQuest website.

Meet the Phase 2 winners here.

Phase 3
Six (6) teams from Phase 2 were invited to participate in Phase 3, which  awarded $900,000 in cash prizes. Two of the teams — Spire Global and SBQuantum — formed a Phase 3 partnership. The independent judging panel nominated winners according to the official Phase 3 selection criteria.

Meet the Phase 3 winners here.

Please refer to the official Rules, Terms & Conditions for further details.