SandboxAQ, a startup spun out of Alphabet that is developing post-quantum cryptography and simulation software for drug and material development, raised $500M (Jane Lanhee Lee/Reuters)

Jane Lanhee Lee / Reuters:
SandboxAQ, a startup spun out of Alphabet that is developing post-quantum cryptography and simulation software for drug and material development, raised $500M  —  Sandbox AQ, a startup spun off from Alphabet Inc (GOOGL.O) last year, said on Tuesday it raised $500 million as it helps customers prepare for a quantum computing future.