spinout

Alphabet quantum spin-out Sandbox AQ acquires Good Chemistry

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Sandbox AQ, the AI and quantum firm spun out of Google parent company Alphabet in 2022, has acquired Good Chemistry, a Vancouver-based quantum and computational chemistry startup, for an undisclosed sum. Good Chemistry, founded by Arman Zaribafiyan in 2021 as a spin-off of quantum computing company 1QBit and backed by investors including Green Sands Equity … Read more

MarketForce exits three markets, set to launch a social commerce spinout

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Kenyan B2B e-commerce company MarketForce has shut down operations in three of its five markets in Africa and is in the early stages of launching a social commerce spinout. TechCrunch has learned that MarketForce’s super-app dubbed RejaReja, which enables informal retailers (mom-and-pop stores) to order fast moving consumer goods (FMCGs) directly from distributors and manufacturers … Read more