Varjo

company

About

Varjo makes advanced VR/XR hardware and software for industrial use, paving the way for a true-to-life metaverse.

Details

Last Funding Type
Debt Financing
Last Funding Money Raised
€20M
Industries
Augmented Reality,Hardware,Software,Virtual Reality,Virtualization
Founded date
Jan 1, 2016
Number Of Employee
101 - 250
Operating Status
Active
Legal Name
Varjo Technologies Oy

Varjo (pronounced var-yo) makes revolutionary VR/XR hardware and software that together allow you to see and experience virtual and augmented content just as clearly as you see the analog world around us. Our virtual reality and mixed reality take you to another level of performance and emotional immersion – recreating the exact feeling and conditions of real life, allowing you to perform better and learn faster. Varjo's customers include industry leaders such as Aston Martin, Boeing, Lockheed Martin, Audi, Volvo Cars, Aston Martin, Siemens,

Ultimately, we are building the technology for a metaverse of the future, transforming the way people work, interact, and play. www.varjo.com

Funding Rounds

Number of Funding Rounds
Total Funding Amount
9
€20M $139.90M
Varjo has raised a total of €20M $139.90M in funding over 2 rounds. Their latest funding was raised on Sep 6, 2022 from a Series D round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Sep 6, 2022 Series D $40M 7 EQT Ventures Detail
Dec 3, 2021 Debt Financing €20M 1 European Investment Bank Detail
Sep 30, 2020 Secondary Market 1 Detail
Aug 12, 2020 Series C $54M 7 Detail
Aug 12, 2020 Non-Equity Assistant 1 Detail

Investors

Number of Lead Investors
Number of Investors
6
19
Varjo is funded by 19 investors. EQT Ventures and European Investment Bank are the most recent investors.
Investor Name Lead Investor Funding Round
EQT Ventures Yes Series D
European Investment Bank Yes Debt Financing
Business Finland Yes Debt Financing
Atomico Series D
Foxconn Series D
Lifeline Ventures Series D
Mirabaud Asset Management Series D
Tesi Series D
Volvo Cars Tech Fund Series D
Nordic Secondary Fund Secondary Market

Employee Profiles

Number of Employee Profiles
19
Varjo has 19 current employee profiles, including Employee John O'Neill
Employee
Executive
Executive
Employee