Varjo Technologies

HardwareSeries DHelsinki, Finlandvarjo.com

Latest round

Series D

Last raised

Nov 2024

Total raised

$134M

Investors

18

About Varjo Technologies

Varjo Technologies Oy specializes in virtual and mixed reality solutions and was founded in 2016 by its CPO Urho Konttori, CDO Roope Rainisto, CTO Klaus Melakari, CXO Niko Eiden in Helsinki, Finland. Varjo specializes in high-immersion virtual and mixed reality (VR/XR) headsets, primarily designed for professional use across various industries. Its flagship product, the Varjo XR-4 series, launched recently, offers unparalleled visual fidelity and a wide field of view, specifically tailored for applications such as training astronauts, pilots, and nuclear power plant operators, as well as design processes in automotive and aerospace sectors. The XR-4 features advanced technology such as a gaze-driven autofocus camera system that mimics human eye behavior, making it suitable for mission-critical tasks. Varjo's client base includes over 25% of Fortune 100 companies, indicating strong demand from sectors like defense, healthcare, education, and industrial goods. The geographical markets for Varjo's products span across North America, Europe, and Asia, addressing the needs of high-performance XR applications in various professional settings. The company focuses on B2B transactions through direct sales of its flagship XR-4 series and associated software solutions, which include tailored integration services and ongoing customer support. Varjo also offers subscription-based access to its suite of software tools, enhancing collaboration and system efficiency for its clients, reflecting its premium positioning in the market.

Who invested in Varjo Technologies

18 investors across 6 rounds

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Funding rounds

  1. Series D

    Nov 26, 2024

    Amount

    Undisclosed

    Investors

    Locked

  2. Series D

    Sep 6, 2022

    Amount

    $40M

    Investors

    Locked

  3. Series D

    Mar 31, 2022

    Amount

    Undisclosed

    Investors

    Locked

  4. Series C

    Aug 12, 2020

    Amount

    $54M

    Investors

    Locked

  5. Series B

    Oct 7, 2018

    Amount

    $31M

    Investors

    Locked

  6. Series A

    Aug 10, 2017

    Amount

    $8.2M

    Investors

    Locked

Questions about Varjo Technologies

Who invested in Varjo Technologies?

Varjo Technologies has 18 investors on record across 6 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Varjo Technologies raised?

Varjo Technologies has raised 6 venture rounds. Sign up free to see how much each round raised and the total.

When did Varjo Technologies last raise money?

Varjo Technologies's most recent round on record is a Series D, in Nov 2024.

What does Varjo Technologies do?

Varjo Technologies Oy specializes in virtual and mixed reality solutions and was founded in 2016 by its CPO Urho Konttori, CDO Roope Rainisto, CTO Klaus Melakari, CXO Niko Eiden in Helsinki, Finland.

Where is Varjo Technologies headquartered?

Varjo Technologies is headquartered in Helsinki, Finland.

Which VCs invest in companies like Varjo Technologies?

Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Highland Europe and Marktlink Capital back hardware companies at Varjo Technologies's stage. Their profiles are linked below.

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