SandboxAQ receives a $500M grant

SandboxAQ develops AI and quantum technology solutions that enhance biopharma, cybersecurity, and materials science. The company announced a $500M grant on June 17, 2026, from its base in Palo Alto, US. Investors and valuation were not disclosed in Crunchbase's round record; Lounge adds them as they are reported. It has raised more than $100M in total venture funding.