SandboxAQ Closes Series E Round with Expanded Investor Base
12 Articles
12 Articles
Nvidia- and Google-Backed SandboxAQ Raises $450 Million for Quantitative AI Platforms
SandboxAQ raised over $450 million in a Series E round to support its development of large quantitative models (LQMs) that help enterprises leverage artificial intelligence (AI) to solve scientific and quantitative challenges. Since spinning out from Alphabet in 2022, the company has raised over $950 million, SandboxAQ said in a Friday (April 4) press release. The company’s newest investors include Nvidia, Google, BNP Paribas, Horizon Kinetics a…
SandboxAQ Secures $450M in Series E Round with Ray Dalio, BNP Paribas, Google, NVIDIA Backing Quantum Tech and AI Innovation
SandboxAQ secures over $450 million in Series E funding from top investors including Ray Dalio and Google, accelerating its quantitative AI innovations across key sectors like biopharma and financial services.
AI start-up SandboxAQ consists of Nvidia, Google as backers, elevates additional $150 million
SandboxAQ, a startup drawing on quantum computing techniques to develop quantitative artificial intelligence models for enterprises, said it has raised $150 million from new investors including Google, Nvidia and BNP Paribas. The investment has increased SandboxAQ's Series E round to $450 million, valuing the startup at $5.75 billion. With this, SandboxAQ's total funding has reached $950 million, with T. Rowe Price Associates and Breyer Capital …
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