As part of the acquisition, Sandbox AQ will integrate Good Chemistry's software, Qemist Cloud and Tangelo, into its enterprise software portfolio. The company gains 25 computational and quantum chemists, AI and software engineers, and quantum computing scientists. Arman Zaribafiyan, the founder of Good Chemistry, will join Sandbox as head of product for simulation platforms.
Key takeaways:
- Sandbox AQ, an AI and quantum firm, has acquired Good Chemistry, a Vancouver-based quantum and computational chemistry startup, for an undisclosed sum.
- Good Chemistry offers cloud-based tools for accelerating material design and building chemical simulation apps using quantum chemistry, machine learning, and quantum computing.
- As part of the acquisition, all of Good Chemistry’s investors have joined Sandbox AQ’s investor base and the company's founder, Arman Zaribafiyan, will join Sandbox as head of product for simulation platforms.
- Sandbox AQ plans to integrate Good Chemistry’s software, Qemist Cloud and Tangelo, into its enterprise software portfolio, enhancing its capabilities in chemical simulation and AI tools.