Sandbox VR Raises $68 Million Series A Led By Andreessen Horowitz

Monday, January 28, 2019

(Upload VR by Ian Hamilton) - VR startup Sandbox VR raised a $68 million Series A round of investment led by Andreessen Horowitz.

A blog post from CEO and co-founder Steve Zhao outlines how he gave the company six months of runway by taking “my entire nest-egg — all the money I had squirreled away from my time building Blue Tea Games over the last decade — and I invested its entirety into Sandbox VR.” GloStation (later becoming Sandbox VR) opened in June 2017 in Hong Kong and Zhao wrote that bookings were slow until a video on Facebook featuring the experience was shared thousands of times.

View full article here