How much funding has Varjo raised?

Varjo has raised $145.2M in total funding, most recently a Grant round.

Who are Varjo's investors?

Varjo's investors include EQT Ventures, Atomico, Business Finland, Lifeline Ventures, Volvo Cars, N47.

Where is Varjo headquartered?

Varjo is headquartered in Helsinki, Finland.

What industry is Varjo in?

Varjo operates in AR/VR, Hardware, Industrials.

Varjo

Military-Grade VR/XR Headsets and Solutions for Simulation Training

Helsinki, Finland · Founded 2016 · $145.2M raised

AR/VR

Hardware

Industrials

Headquarters: Helsinki
Employees: 201–500
Founded: 2016
Business Model: B2B

Website: varjo.com
Total Funding: $145.2M
Last Round: $12.0M GrantOct 2025
Rounds: 5

About

Varjo is a Finnish technology company founded 2016 manufacturing military-grade VR and XR headsets for enterprise applications. XR-4 series delivers human-eye resolution via patented Bionic Display technology enabling true-to-life immersion for defense training, industrial design, automotive engineering, and architectural visualization. Varjo Reality Cloud software for managing and streaming XR content.

Summary

Varjo is an AR/VR company based in Helsinki, Finland, founded in 2016. It has raised $145.2M in total across 5 rounds, most recently a $12.0M Grant round in Oct 2025. Investors include EQT Ventures, Atomico and Business Finland.

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