Hong Kong-based startup Sandbox VR (previously known as Glostation) plans to regain their footing in the VR space with plans on expanding to 40 other locations globally, according to an interview with SCMP.

Sandbox VR's History

• The startup was first founded by Steven Zhao in 2017
• Their office was located at 16th floor of a Hong Kong back-alley building
  
• Offers location-based VR experiences with equipment like haptic vests and motion sensors

Latest JobsPost Job

Growth Lead

MindFort

California,

Full Time

USD 100000 — USD 200000 yearly

Contract Health Data Analyst

Clearest Health

Contract

USD 20 — USD 100 yearly

Senior Forward Deployed Engineer

SpruceID

Full Time

Salary Undisclosed

Customer & Partner Engagement Manager

Shogun

Full Time

USD 86000 — USD 117000 yearly

Developer Experience Engineer

Medplum

California,

Full Time

USD 150000 — USD 190000 yearly

Founding Engineer

Attunement

California,

Full Time

USD 150 — USD 300 yearly

Senior / Staff Engineer

Embeddables

Full Time

USD 160 — USD 230 yearly

Head of Marketing

Community Phone Company

Full Time

USD 180000 — USD 220000 yearly

VP of Finance

Hadrius

New York,

Full Time

USD 215000 — USD 275000 yearly

Marketing Lead

kapa.ai

Full Time

USD 70000 — USD 110000 yearly

Technical Product Manager, Communications

Tennr

New York,

Full Time

USD 160000 — USD 200000 yearly

Senior Software Engineer - Bay Area Based

CozmoX AI

California,

Full Time

USD 100000 — USD 240000 yearly

Strategic Project Lead (Financial Services)

Halluminate

California,

Full Time

USD 150000 — USD 200000 yearly

Senior Software Engineer

Curri

Texas,

Full Time

USD 185000 — USD 204000 yearly

Product Engineer, Founding Team

Blee

California,

Full Time

USD 130000 — USD 180000 yearly

Senior Account Executive

Corgi

California,

Full Time

USD 100000 — USD 150000 yearly

Viral Content Creator

AlgoViral

Contract

USD 800 — USD 2200 yearly

Senior Software Engineer (Full-Stack & Data) — Sustainable Agriculture

Feanix Biotechnologies

North Carolina,

Full Time

USD 125 — USD 175 yearly

Senior Product Manager

BoldVoice

New York,

Full Time

USD 150000 — USD 175000 yearly

Rust Database Engineer

ParadeDB

California,

Full Time

USD 200000 — USD 250000 yearly

Slow Growth and Impending Bankruptcy Due to COVID-19

Initial hurdles faced by Sandbox VR:

• Slow growth and poor sales 
• The firm was forced to shut down their arcades due to COVID-19
• In 2020, the company filed for Chapter 11 bankruptcy in the US 
• Zhao laid off 80% of his workforce, mostly from the research and development team

Bounced Back Stronger with Reputable Investors

Despite numerous setbacks, Sandbox VR managed to recover from their downfall, and proceeded to: 

• Reopen their arcades in April 2021 with new locations as COVID-19 restrictions eases 
• Secure US$37 Million in a Series B funding by Andreessen Horowitz
  
• Receive strong backing from Alibaba Group