SandboxAQ
SandboxAQ Raises $300M | Quantum AI Company Expands Enterprise Solutions
SandboxAQ Secures $300M for Quantum AI Development
SandboxAQ, a company developing AI and quantum technology solutions spun out from Alphabet, has raised $300 million in venture funding.
The round was led by T. Rowe Price with participation from Breyer Capital, IQT, and Eric Schmidt.
Key Highlights
- Total funding to date: $800 million
- Focus on enterprise quantum and AI solutions
- Backed by former Google CEO Eric Schmidt
- Spun out from Alphabet in 2022
Company Overview
SandboxAQ combines AI and quantum technologies to solve complex business and scientific problems. The company offers solutions for cryptography, drug discovery, materials science, and financial modeling.
Originally developed within Alphabet, SandboxAQ became an independent company to focus exclusively on enterprise applications of quantum computing and large-scale AI systems.
Company Info
Investors (4)
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