SandBoxAQ, a Palo Alto, CA-based enterprise quantitative AI company, raised an undisclosed amount in Series E funding.
Latest investors included Ray Dalio, Horizon Kinetics, BNP Paribas, Google, and NVIDIA, bringing the total amount to over $450M.
They were joined by Breyer Capital, Eric Schmidt, Alger, Paladin Capital, S32, TIME Ventures, and funds and accounts managed by T. Rowe Price Associates, Inc.
The company intends to use the funds to expand operations and its development efforts.
SandboxAQ is a B2B company delivering solutions at the intersection of AI and quantum techniques. Its Large Quantitative Models (LQMs) deliver critical advances in life sciences, financial services, navigation, and other sectors.
Since spinning out from Alphabet in 2022, the company has raised over $950M to advance its quantitative AI platforms across biopharma, chemistry, materials science, cybersecurity, and financial services.
FinSMEs
07/04/2025