SandboxAQ closes Series E above $450 million
The April 2025 closing expanded the investor base for its quantitative AI business.
SandboxAQ announced on 4 April 2025 that its Series E had raised more than $450 million. New participants included Ray Dalio, Horizon Kinetics, BNP Paribas, Google and NVIDIA.
They joined backers including Breyer Capital, Eric Schmidt, Alger, Paladin Capital Group, S32, TIME Ventures and funds and accounts advised by T. Rowe Price Associates.
The financing supported quantitative AI platforms for scientific and enterprise applications. The announced total covers the Series E as a whole, including its earlier financing.
Use of funds
Develop quantitative AI platforms
Expand across scientific and industrial applications