Finland · 
Who invested in Varjo?
Varjo's investors include Lifeline Ventures, NVIDIA, European Investment Bank, EQT Ventures and EQT, and 1 more on record.
2019202020212022202320242025
$31MSeries B$5.9MDebtFinland · Funded startup
Who invested in Varjo
2 rounds we have observed, with the 6 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.
Funding summaryUpdated 26 Oct 2026
$37Mraised across 2 rounds since 2018, from 2 sources
$31MSeries B$5.9MDebt
- Latest round
- Debt, $5.9MAug 2025
- Biggest round
- $31MSeries B · Oct 2018
- Investors
- 6
The funding story
Each circle is a round, placed by date and sized by amount. The line above is the running total.
- First round
- Series B, $31M Oct 2018
- Biggest round
- $31M Series B · Oct 2018
- Between rounds
- 6.8 years from the last two
The rounds
- Aug 2025
- Oct 2018
Who was in which round
The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.
Everyone who backed them
NVIDIACompany1round
Atomico/ Next47no record of our own yet1round
Missing a round, or an investor who was in one? Tell us.
Also claim to have backed them
These 3 firms list Varjo as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.
Quick answers about Varjo
How much has Varjo raised?
Varjo has raised $37M across 2 rounds since 2018.
When did Varjo last raise?
Varjo's most recent round was a Debt of $5.9M in Aug 2025.
What was Varjo's biggest round?
Varjo's largest round on record is $31M (Series B), in Oct 2018.
Who backed Varjo first?
Varjo's first round on record, in Oct 2018, was backed by Lifeline Ventures, EQT and Atomico/ Next47.
What stage is Varjo at?
Varjo's latest named round is a Debt, in Aug 2025.
Where is Varjo based?
Varjo is based in Finland.
Companies like Varjo
In the same sector, and raised in the last eighteen months.
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