SandboxAQ Secures $150M in Additional Series E Funding, Reaches $5.75B Valuation

The Alphabet spin-off has raised $950 million to date, with backing from Google, Nvidia, and others to advance quantum computing and AI applications.

SandboxAQ, a quantum computing and AI startup, has raised an additional $150 million in Series E funding, increasing the round total to $450 million.
The latest funding brings SandboxAQ's valuation to $5.75 billion and its total funding to $950 million since its 2022 spin-off from Alphabet.
Google and Nvidia are among the new investors, reflecting their strategic focus on advancing quantum computing and AI technologies.
SandboxAQ plans to use the funds to accelerate research and development and expand partnerships in industries such as biopharmaceuticals, chemicals, and energy.
The company develops Large Quantitative Models (LQMs) for applications in computationally intensive sectors, including drug discovery, financial modeling, and cybersecurity.