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SandboxAQ

Quantum-Software β€’ Quantum-Consulting β€’ USA
2022
Founded
USA
Country
Private
Status
$500M
Total Raised

About SandboxAQ

SandboxAQ

SandboxAQ is an enterprise quantum and AI company spun out of Alphabet in 2022, focusing on commercially viable applications that leverage quantum physics and quantum-inspired technologies. Led by CEO Jack Hidary, the company has secured $500 million in funding to develop quantum solutions for simulation, optimization, sensing, and cryptography applications. SandboxAQ’s approach combines quantum computing, quantum sensing, and AI to solve complex problems across industries including pharmaceuticals, materials science, telecommunications, and financial services. The company offers quantum-ready cryptography solutions to help organizations prepare for the post-quantum cryptography era, as well as quantum simulation platforms for drug discovery and materials research. SandboxAQ’s customer base includes large enterprises and government agencies seeking to leverage quantum technologies for competitive advantage. The company’s combination of quantum expertise, enterprise focus, and significant financial backing positions it as a major player in the commercialization of quantum technologies across multiple sectors.

Company Information

Key People

Jack Hidary (CEO), Eric Schmidt (Chairman)

Investment Information

  • Status: private
  • Total Raised: $500M
  • Last Valuation: $5.6B

Recent Funding Rounds

  • 2022-03-23: strategic - $500M - Alphabet spinout with strategic funding

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Company Information

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Founded

2022

🌍

Country

USA

🌐
🏷️

Categories

Quantum-Software, Quantum-Consulting

Investment Information

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Status

Private

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Total Raised

$500M

1 funding rounds tracked. View detailed investment history β†’

Key People

Jack Hidary (CEO), Eric Schmidt (Chairman)

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