# Varjo: Augmented Reality, Helsinki, Finland

> Varjo: Varjo makes advanced VR/XR hardware and software for industrial use, paving the way for a true-to-life metaverse. Based in Helsinki, Finland.

Source: https://millionrounds.com/startup/varjo-2 (Millionrounds; every figure on the page links to its filing or article)

Finland · [Augmented Reality startup](https://millionrounds.com/companies)

# Varjo

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

Funding reported Last round: Undisclosed round

Augmented Reality Helsinki, Finland

Company summary

- **Founded:** 2016 10 years old
- **Team:** 101 51 to 200 people
- **Funding reported:** 165.8M as listed, currency not stated
- **Last round:** Undisclosed round Apr 2023

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Varjo has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## What company datasets say Varjo raised

Funding, as reported

Reported in all **165.8M** in the source's currency

Rounds **9**

Last round **Undisclosed round**

Last round date **Apr 2023**

Investors listed **18**

## On 5 portfolio pages

Investors who name them

- [Nordic Secondary Fund](https://millionrounds.com/fund/nordic-secondary-fund)
- [Lifeline Ventures](https://millionrounds.com/fund/lifeline-ventures)
- [Sagene Tech Ventures](https://millionrounds.com/fund/sagene-tech-ventures)
- [Sisu Game Ventures](https://millionrounds.com/fund/sisu-game-ventures)
- [Springvest Oyj](https://millionrounds.com/fund/springvest-oyj)

Each firm lists Varjo on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## Augmented Reality in Finland

Startups like it

- [**Heijar Software** Espoo · founded 2019](https://millionrounds.com/startup/heijar-software)

## Is this your company?

Add your raise, your deck and your story, and put Varjo in front of investors. Or tell us what we have wrong.

[List your startup](https://millionrounds.com/list-your-startup)[Send a correction](https://millionrounds.com/corrections)