SandboxAQ, a global leader in enterprise quantitative AI, announced the addition of Ray Dalio, Horizon Kinetics, BNP Paribas, Google, and NVIDIA to its Series E funding round, which raised over $450 million. The investments underscore the confidence in SandboxAQ’s vision and the transformative power of its Large Quantitative Models (LQMs), which are redefining how enterprises leverage AI to tackle complex scientific and quantitative challenges.

SandboxAQ today announced a round of more than $300 million from Fred Alger Management, LLC, T. Rowe Price Associates, Inc., Mumtalakat, Parkway Venture Capital, Breyer Capital, Rizvi Traverse, S32, US Innovative Technology Fund, Ava Investors, Eric Schmidt, Marc Benioff, David Siegel, Yann LeCun, IQT, and other prominent investors. The funding round valued the company at $5.3 billion on a pre-money basis.

After development and testing with leading government and private sector partners, SandboxAQ is officially announcing AQNav, a breakthrough technology designed for navigation across air, land and sea when Global Positioning Satellite (GPS) systems are jammed or not available. To date, AQNav has logged more than 200 flight-hours and more than 40 sorties across multiple regions of the world on four different aircraft types, ranging in size from single-engine planes to large military transport aircraft.

SandboxAQ today announced a collaboration with NVIDIA to accelerate breakthrough innovations across biopharma, chemicals, advanced materials, financial services, cybersecurity, navigation, and medical imaging. SandboxAQ, a member of the NVIDIA Inception program, is leveraging the NVIDIA DGX Cloud AI platform on Google Cloud to build a state-of-the-art Large Quantitative Model (LQM) platform, fueling AI-driven scientific discovery. SandboxAQ is now uniquely positioned to help customers tackle the most complex and consequential business challenges through its LQMs – delivering breakthroughs where traditional models have fallen short – while offering unparalleled speed, scalability, and precision.

SandboxAQ announced that the National Institute of Standards and Technology (NIST) has officially selected HQC (Hamming Quasi-Cyclic) as the fifth algorithm in its suite of post-quantum cryptographic (PQC) standards. Out of these five algorithms, three will be used for signatures. The other two, HQC and ML-KEM, will be the NIST-approved algorithms that will protect the confidentiality of communications across the Internet, cellular networks, payment systems, and more.

SandboxAQ today announced it has expanded its relationship with Deloitte to offer SandboxAQ’s AI LQM simulation products and solutions along with Deloitte’s services capabilities to organizations worldwide.

SandboxAQ today announced it was selected by NATO to participate in the 2025 Defence Innovation Accelerator for the North Atlantic (DIANA) cohort – one of approximately 70 innovative companies chosen from more than 2,600 submissions across 32 NATO countries. NATO DIANA unites companies worldwide to leverage dual-use technologies that address critical solutions in energy and power, sensing and surveillance, secure information sharing, human health and performance, and critical infrastructure and logistics.

SandboxAQ announced today it has signed an agreement with Aramco, one of the world’s leading integrated energy and chemicals companies, to collaborate on developing a multi-GPU enabled differentiable computational fluid dynamics solver for application in oil and gas processing facilities.

SandboxAQ is proud to announce a year of exceptional progress and innovation from its AQMed division. Combining artificial intelligence with advanced sensors, AQMed empowers clinicians to make faster and more accurate heart health decisions. This transformative work has been featured in the McKinsey report Quantum Sensing’s Untapped Potential: Insights for Leaders and highlighted by AQMed GM Dr. Kit Yee Au-Yeung during The Economist’s Commercialising Quantum Global 2024 and in the World Economic Forum’s Quantum for Society: Meeting the Ambition of the Sustainable Development Goals. Today, AQMed reflects on its technical milestones that are paving the way for improved patient care.