Varjo

Varjo is a leader in industrial-grade VR/XR hardware and software that has developed a virtual and mixed reality headset capable of “human-eye resolution” for use in various enterprise applications.

Varjo makes human-eye resolution VR/AR/XR headsets that help professionals in the most demanding industries push the limits of what's ever been possible.

Varjo was founded in 2016 by Klaus Melakari, Niko Eiden, Urho Konttori and Roope Rainisto. The company is headquartered in Helsinki, Southern Finland, Finland, with an office in Arlington, Virginia.

Varjo is revolutionizing reality with hardware and software that let you seamlessly merge virtual, mixed and traditional reality – all with the clarity of the human eye.

Varjo is the first and only company in the world to deliver human-eye resolution virtual and mixed reality devices to meet the most demanding enterprise applications across training and simulation, design and engineering and research. Its products include VR-2, VR-2 Pro and XR-1.

 

Varjo's customers include global enterprises such as Volvo Cars, Boeing, Audi, Siemens, KIA, and Lockheed Martin, who are using the company’s devices to conduct immersive astronaut and pilot training, design the cars of the future, streamline product development, and more. 

 

Varjo has also signed a commercial partnership with MeetinVR  to deliver photorealistic virtual collaboration, a much-needed solution for users to be able to collaborate remotely. It launched a real-time chroma key and marker tracking functionality so XR-1 Developer Edition users can seamlessly blend real and virtual content.

 

Varjo is backed by Lifeline Ventures, Atomico, Tesi, EQT Ventures, Volvo Cars Tech Fund, NordicNinja, Swisscanto Invest by Zürcher Kantonalbank and others. The company raised $54M in Series C round on Aug 12, 2020. This brings Varjo's total funding to $99.9M to date.

 

 

  • Year founded: 2016
  • Funding Info: $99.9M over 5 Rounds (Latest Funding Type: Series C)
  • Yearly Revenue: NA
  • Employee Size: 51-200
  • Business Valuation: NA
  • City/Town: Helsinki
  • State: Southern Finland
  • Country: Finland
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