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  6. SandboxAQ Acquires Good Chemistry

M&A Deal Summary

SandboxAQ Acquires Good Chemistry

On January 9, 2024, SandboxAQ acquired software company Good Chemistry

Acquisition Highlights
  • This is SandboxAQ’s 1st transaction in the Software sector.
  • This is SandboxAQ’s 1st transaction in Canada.
  • This is SandboxAQ’s 1st transaction in British Columbia.

M&A Deal Summary
Date 2024-01-09
Target Good Chemistry
Sector Software
Buyer(s) SandboxAQ
Deal Type Add-on Acquisition

Target

Good Chemistry

Vancouver, British Columbia, Canada
Good Chemistry is a computational chemistry company that leverages AI, quantum and other advanced technologies to accelerate drug discovery and materials design. Good Chemistry was founded in 2021 and is based in Vancouver, British Columbia.

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Buyer(S) 1

Buyer

SandboxAQ

Silicon Valley, California, United States
Category Company
Founded 2021
Sector Internet Software and Services
DESCRIPTION

SandboxAQ is an enterprise SaaS company, providing solutions at the nexus of AI and Quantum technology (AQ) to address challenging problems. SandboxAQ was founded n 2021 and is based in Silicon Valley, California.

DEAL STATS #
Overall 2 of 2
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: British Columbia M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2024 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-07-19 Fontworks

Tokyo, Japan

Fontworks is a developer, and sales of digital fonts (typefaces), software development, provision of technical services, and OEM development, etc. Fontworks was founded in 1993 and is based in Tokyo, Japan.

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