<article>Hong Kong-based virtual reality startup <a style="color: #000080;" href="https://www.dealstreetasia.com/?s=Sandbox+VR">Sandbox VR</a> has raised $68 million in a Series A funding round led by US-based venture capital firm <a style="color: #000080;" href="https://www.dealstreetasia.com/?s=Andreessen+Horowitz">Andreessen Horowitz</a>.
Mike Maples, Floodgate Ventures, Stanford University, Triplepoint Capital, CRCM and <a style="color: #000080;" href="http://dealstreetasia.com/tag/alibaba">Alibaba</a> also participated in the round, according to a <a style="color: #000080;" href="https://medium.com/@steve.zhao/how-i-nearly-killed-my-company-and-spent-my-life-savings-building-the-holodeck-4e51b31016cf">blog post</a> by Sandbox VR founder and CEO Steve Zhao.</article>

Hong Kong-based virtual reality startup <a style="color: #000080;" href="https://www.dealstreetasia.com/?s=Sandbox+VR">Sandbox VR</a> has raised $68 million in a Series A funding round led by US-based venture capital firm <a style="color: #000080;" href="https://www.dealstreetasia.com/?s=Andreessen+Horowitz">Andreessen Horowitz</a>.
Mike Maples, Floodgate Ventures, Stanford University, Triplepoint Capital, CRCM and <a style="color: #000080;" href="http://dealstreetasia.com/tag/alibaba">Alibaba</a> also participated in the round, according to a <a style="color: #000080;" href="https://medium.com/@steve.zhao/how-i-nearly-killed-my-company-and-spent-my-life-savings-building-the-holodeck-4e51b31016cf">blog post</a> by Sandbox VR founder and CEO Steve Zhao.
Sandbox VR combines virtual reality hardware, real-time motion capture and content experiences to provide a more immersive experience.
&#8220;After our initial meeting with the team, the entire investment partnership at Andreessen Horowitz went to try out the experience together, and after nearly an hour of shooting zombies, dodging lasers, and solving puzzles, we were blown away by the experience,&#8221; Andreessen Horowitz general partner Andrew Chen wrote in a <a style="color: #000080;" href="https://a16z.com/2019/01/28/sandbox-vr/">post.</a>
Chen wrote that the Sandbox team is taking on the triumvirate of technology, distribution, and content at once to bring VR to its next phase.
Sandbox VR is also building its own content, starting with a series of first-person shooters — Deadwood Mansion, The Curse of Davy Jones, and Amber Sky 2088, featuring zombies, pirates, or sci-fi — with a dozen more to come.
The startup currently operates in six cities &#8211; San Francisco, Los Angeles, Bangkok, Hong Kong, Singapore and Vancouver. It will spend the new cash infusion to accelerate the expansion of its VR centres in new locations including Austin, Macau, New York, Tokyo, Hangzhou and Indonesia.
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Mike Maples, Floodgate Ventures, Stanford University, Triplepoint Capital, CRCM and Alibaba also participated in the round.

Andreessen Horowitz leads $68m Series A for HK startup Sandbox VR

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Andreessen Horowitz leads $68m Series A for HK startup Sandbox VR

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