The company has previously received an investment from Alibaba.
Editor’s note: This article is from WeChat public account “ Aviation Network ARVR” (ID: YivianXR), author Yingwei Net ( Www.yivian.com) , the original title “Hong Kong’s offline LBE VR company Sandbox VR completed $11 million in strategic financing”, slightly cut.
The company is aware that Hong Kong’s offline VR entertainment startup Sandbox VR has completed an additional $11 million in financing, including the famous actor Orlando Bloom (The Lord of the Rings Trilogy and Pirates of the Caribbean) Etc.), famous actor Will Smith (“When Happiness Comes to Knock” and “I am Legend”, etc.), famous singer Justin Timberlake, famous singer Fruitie Katy Perry, famous NBA star Kevin Du Rand, famous producer Michael Ovitz, and famous football star Honda Keisuke. The company’s financing so far has reached $83 million.
This company completed a $68 million Series A financing in January 2019. Investors include Anderson Horowitz Fund, Alibaba, Stanford University, Floodgate Ventures, Triplepoint Capital and CRCM. .
It is worth mentioning that Sandbox VR is about to open a brand new store in San Francisco, USA, and provide VR experience content based on Star Trek.
The company currently operates eight VR centers in cities such as Los Angeles, Vancouver, Hong Kong and Singapore, and plans to open another eight stores in New York, Austin, San Diego and Chicago by next year.
Sandbox VR is one of the few startups dedicated to bringing virtual reality experiences to shopping centers and movie theaters. The main difference between them and competitors such as The Void is that Sandbox does not choose a highly customizable stage that includes doors, windows, walls and other props. Instead, it relies on open spaces to implement a social experience.
Image source:variety
Sandbox VR’s open space allows them to easily replace experiences and run multiple experiences in the same place. Sandbox VR currently offers horror “Deadwood Mansion”, esports game “Unbound Fighting League”, and sci-fi theme experience “Amber Sky 2088” and more.
Sandbox also collaborated with CBS to develop the “Star Trek” VR experience, and plans to land in the upcoming San Francisco store. According to the introduction, the content will include the discovery number of Lieutenant Tilly (Mary Wiseman), which lasts for nearly 30 minutes.