What is Sandbox VR?
Sandbox VR is at the forefront of delivering unparalleled virtual reality experiences, aiming to fulfill the long-held dream of truly immersive digital worlds. The company's technology captures the user's entire body, allowing for shared experiences with friends in real-time. Participants can freely move, see, hear, and feel within these virtual environments, enabling them to embody new characters and explore extraordinary realms. This focus on full-body immersion and social interaction positions Sandbox VR as a leader in the rapidly evolving VR entertainment market.
How much funding has Sandbox VR raised?
Sandbox VR has raised a total of $117M across 4 funding rounds:
Series A
$68M
Unspecified
$11M
Unspecified
$37M
Debt
$1M
Series A (2019): $68M with participation from Andreessen Horowitz
Unspecified (2019): $11M led by Will Smith, Rich Kleiman, Honda Keisuke, Katy Perry, David Sacks, Michael Ovitz, Andreessen Horowitz Cultural Leadership Fund, Dreamers Fund, Justin Timberlake, Thirty Five Ventures, and Orlando Bloom
Unspecified (2021): $37M supported by Andreessen Horowitz, Craft Ventures, and Alibaba Group
Debt (2025): $1M, investors not publicly disclosed
Key Investors in Sandbox VR
Andreessen Horowitz
Founded in 2009, Andreessen Horowitz is a prominent venture capital firm based in Menlo Park, California, known for investing in both early-stage startups and established growth companies across various technology sectors.
Craft Ventures
Craft Ventures is a venture firm that concentrates on building companies, particularly within the B2B technology space, and is composed of experienced founders and operators.
Alibaba Group
Alibaba Group is a multinational technology and e-commerce conglomerate headquartered in Hong Kong, China, with diverse business interests including cloud computing, digital media, and innovation initiatives.
What's next for Sandbox VR?
The recent major strategic investment in Sandbox VR signals a pivotal growth phase for the company. With substantial backing, Sandbox VR is poised to expand its operational footprint, enhance its technological capabilities, and potentially broaden its content library. This capital infusion is expected to fuel further innovation in location-based VR entertainment, driving the company towards broader market penetration and solidifying its position as a key player in the future of interactive experiences. The company's trajectory suggests a focus on scaling its unique offering to a global audience.
See full Sandbox VR company page
