SandboxAQ, a Palo Alto-based enterprise AI and quantum technology company, has raised an additional $150 million in Series E funding, pushing its total raised in this round to over $450 million and cumulative funding to $950 million. The latest investment values the company at an impressive $5.75 billion.
Backed by Industry Giants:
This latest capital infusion attracted heavyweight investors, including Google, NVIDIA, BNP Paribas, Ray Dalio, and Horizon Kinetics—a strong vote of confidence in the company’s mission to lead the next wave of AI and quantum innovation.
Fueling the Future of Advanced Computing:
The fresh funding will be used to:
Accelerate development of its Large Quantitative Models (LQMs).
Expand its AI platforms across key verticals such as life sciences, finance, and cybersecurity.
Boost R&D and deepen strategic partnerships.
SandboxAQ’s LQMs are designed to tackle high-performance computing challenges, enabling real-time decision-making through advanced numerical data analysis and statistical modeling.
A Leader in Quantum-Driven AI:
Led by CEO Jack Hidary, SandboxAQ emerged as a spin-off from Alphabet and has quickly become a frontrunner in blending quantum tech with AI to address complex enterprise problems. The company’s innovations are reshaping fields ranging from drug discovery and molecular simulation to post-quantum cryptography.
As the convergence of quantum and AI continues to gain momentum, SandboxAQ’s latest funding positions it to play a transformative role in the evolution of enterprise technology.
Funding Details:
Category: Enterprise AI / Quantitative Tech
Amount Raised: $150M
Round: Series E
Date: April 2025
Key Investors: Google, NVIDIA, BNP Paribas, Ray Dalio, Horizon Kinetics
Website: sandboxaq.com
For more insights and updates on Metaverse, DeFi, Blockchain, NFT & Web3, be sure to subscribe to our newsletter. Stay informed on the latest trends and developments in the decentralized world.