¨SandboxAQ is a B2B company delivering solutions at the intersection of AI and quantum techniques. The company's Large Quantitative Models (LQMs) deliver critical advances in life sciences, financial services, navigation, and other sectors. The company emerged from Alphabet Inc. as an independent company backed by a growth capital round of $500 million, funded by leading investors including funds and accounts advised by T. Rowe Price Associates, Inc., IQT, US Innovative Technology Fund, Eric Schmidt, Breyer Capital, Guggenheim Partners, Marc Benioff, Thomas Tull, Paladin Capital Group, and others.
Date | Amount | Type | Investors | Valuation |
---|---|---|---|---|
12/18/24 | $300,000,000 |
Ava Investments Breyer Capital David Siegel Eric Schmidt Fred Alger Management IQT Marc Benioff Mumtalakat Rizvi Traverse Management S32 T. Rowe Price Associates US Innovative Technology Fund Yann LeCun | undisclosed |