A few years ago I invested in a small startup called `hyper.sh`. It open sourced a container runtime called `runV` which provided exactly this: security of virtual machines plus convenience of containers.
The project later merged with Intel Clear Container to become what's now called Kata Containers (https://katacontainers.io/) and is now widely used by several Internet giants like Alibaba and Baidu.
The startup was acquired by Ant Finance a couple of years ago.
(I recorded a podcast with one of hyper.sh engineer if you can listen to Mandarin https://pan.icu/25)