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The San Francisco and Hong Kong-headquartered company announced it has raised $37 million in a Series B led by Andreessen Horowitz through its Growth Fund, which serves new companies at an inflection point, along with Alibaba and Craft. He also said that the company plans to build a wireless technology to remove the VR hardware backpack that weighs down the players. The company offers five VR games: Curse of Davy Jones, Amber Sky 2088, Star Trek Discovery: Away Mission, Deadwood Mansion and Unbound Fighting League (UFL). The company has 35 employees globally as of October, Zhao said. The VR is just a component, he said, adding that the company doesn’t want to limit its business in the VR sector. Sandbox VR will use the proceeds to open 10 new retail locations across the globe, including Paramus, London and Toronto in 2022, as well as two corporate and two franchise locations. Sandbox VR uses hardware like head-mounted VR headsets, backpack computers, motion capture sensors and haptic vests for players. Sandbox VR develops its own games and technology, unlike other competitors that operate with licensed games, Zhao noted. Sandbox VR currently operates 12 retail locations in the U.S., Canada and Asia. Sandbox VR started with an idea of how it can create the most immersive experience possible, like things people see in science fiction. With a mission to expand human interaction by using technology, Sandbox VR has an ambition to enter the metaverse industry down the road, which could take about 3-5 years more to get there, according to Zhao. “
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