What is Sandbox VR?
Sandbox VR is pioneering the future of immersive entertainment, offering a full-body virtual reality experience that allows users to interact with friends in shared digital worlds. The company's technology captures the entire body, enabling users to move freely and embody new characters in diverse, unearthly environments. This innovative approach transforms the VR landscape by providing a deeply engaging and social experience, moving beyond traditional single-player or limited-interaction VR applications.
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 Justin Timberlake, Thirty Five Ventures, Andreessen Horowitz Cultural Leadership Fund, Michael Ovitz, Katy Perry, Dreamers Fund, Honda Keisuke, Will Smith, David Sacks, Orlando Bloom, and Rich Kleiman
Unspecified (2021): $37M supported by Alibaba Group, Andreessen Horowitz, and Craft Ventures
Debt (2025): $1M, investors not publicly disclosed
Key Investors in Sandbox VR
Thirty Five Ventures
Thirty Five Ventures, the family office of Kevin Durant, is an active investor across various sectors, with a notable focus on sports, media, and entertainment ventures, and a commitment to supporting youth through philanthropic initiatives.
Michael Ovitz
Associated with the legacy of Creative Artists Agency (CAA), Michael Ovitz's involvement suggests a strategic focus on entertainment partnerships and talent integration within Sandbox VR's immersive experiences.
Alibaba Group
Alibaba Group, a global e-commerce and technology conglomerate, brings extensive operational expertise and market reach, potentially supporting Sandbox VR's international expansion and integration with digital platforms.
What's next for Sandbox VR?
The substantial enterprise-level capital infusion positions Sandbox VR for significant expansion and technological advancement. This strategic backing is likely to fuel the development of new VR experiences, the scaling of its global footprint, and further refinement of its proprietary full-body tracking technology. The company is poised to solidify its market leadership in the experiential entertainment sector, potentially exploring new verticals and partnerships to enhance its offerings and reach a broader audience.
See full Sandbox VR company page
