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

Senior Backend Engineer

NimbleRx

California,

Full Time

USD 200000 — USD 225000 yearly

Lead Software Engineer

Anakin

Karnataka,

Full Time

Salary Undisclosed

Lead Principal Engineer

SnapMagic

California,

Full Time

USD 210000 — USD 240000 yearly

Rust - Software Engineer (FTE)

Wasmer

Community of Madrid,

Full Time

Salary Undisclosed

Healthcare Operations Associate - Part Time

Delfino AI

Full Time

USD 15 — USD 18 yearly

Marketplace Growth Manager - Tandem (SF)

Tandem

California,

Full Time

USD 70000 — USD 140000 yearly

Game Designer

Boostly

Utah,

Contract

USD 150000 — USD 215000 yearly

Software Development Engineer in Test

MedMe Health

Full Time

USD 12000 — USD 60000 yearly

Program Manager

Emerge Career

Full Time

USD 60000 — USD 85000 yearly

Full-Stack Engineer

Pulley

Full Time

USD 130000 — USD 220000 yearly

Founding ML engineer job post

Diligent

Full Time

USD 70 — USD 110 yearly

Account Executive

Resolve

New York,

Full Time

USD 100000 — USD 180000 yearly

Full-Stack Software Engineer

Centauri AI

California,

Full Time

USD 120000 — USD 150000 yearly

Pre - Sales Associate Intern

Codingal

Internship

USD 15000 — USD 20000 yearly

Product Designer

AlgoTest

Delhi,

Full Time

USD 10000 — USD 20000 yearly

Backend Engineer- Tech Lead (Data/API team)

HockeyStack

California,

Full Time

USD 200000 — USD 240000 yearly

Product Engineer, Work at a Startup

Y Combinator

California,

Full Time

USD 180000 — USD 270000 yearly

Senior Software Engineer

Dover

New York,

Full Time

USD 150000 — USD 190000 yearly

Customer Support Agent (Bay Area)

Sully.ai

California,

Full Time

USD 70000 — USD 90000 yearly

Founding Designer

Wordware

California,

Full Time

USD 120000 — USD 240000 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