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)
Share
Related Reports
Tebra Raises $250M Growth Financing | Healthcare Practice Management Platform
Healthcare practice management platform Tebra secures $250 million in growth financing led by Hildred Capital for AI-driven automation.
Harmattan AI Raises $200M Series B | Defense Tech Unicorn at $1.4B Valuation
French defense tech company Harmattan AI secures $200 million Series B led by Dassault Aviation, reaching unicorn status.
AirNexis Therapeutics Raises $200M Series A | Novel COPD Treatment
Biotech AirNexis Therapeutics emerges from stealth with $200 million Series A for dual PDE3/4 inhibitor COPD therapy.
Turn your sales ideas into reality today
Start your 14-day Pro trial today. No credit card required.
Start building for free