SandboxAQ Raises $300M+ to Advance AI and Quantum-Driven Innovations
SandboxAQ applies AI and quantum computing to solve complex problems across critical industries.
Company Name: SandboxAQ
Location: Palo Alto, CA
Industry: AI and Quantum Technology
Funding Details:
Amount: $300M+ (Pre-Money Valuation: $5.3B)
Investors: Fred Alger Management, T. Rowe Price Associates, Mumtalakat, Parkway Venture Capital, Breyer Capital, Rizvi Traverse, S32, US Innovative Technology Fund, Ava Investments, Eric Schmidt, Marc Benioff, David Siegel, Yann LeCun, IQT, and others
Purpose of Investment:
The funds will accelerate the development of SandboxAQ’s Large Quantitative Models (LQMs) and AI applications in drug discovery, materials science, chemistry, cybersecurity, navigation, and medical devices.
Leadership:
CEO: Jack D. Hidary
Chairman: Eric Schmidt
Product:
SandboxAQ’s Large Quantitative Models (LQMs) integrate AI and quantum technologies to drive advances across life sciences, financial services, and navigation. Its newly launched generative AI tool, IDOLPro, designs drug molecules with desired properties, enhancing drug discovery and clinical development.
About the Company:
SandboxAQ applies AI and quantum computing to solve complex problems across critical industries. It partners with biopharma companies to discover biomarkers and optimize clinical trials, while also expanding its reach into materials science, cybersecurity, and medical devices.
With its cutting-edge technology, strategic partnerships, and world-class leadership, SandboxAQ is positioned at the forefront of AI and quantum innovation, shaping the future of next-gen technology solutions.
