SandboxAQ has raised a total of $950 million in funding over multiple rounds, achieving unicorn status in December 2024. Its latest Series E round of $150 million, closed on April 4, 2025, was led by T. Rowe Price and Rizvi Traverse. Founded in 2022 and headquartered in Palo Alto, United States, the company develops AI and quantum software with applications in drug discovery, cybersecurity, IoT infrastructure, and materials science. Valued at $5.6 billion, SandboxAQ continues to expand globally in AI-native and quantum computing technologies.