Tech Company Financing Transactions
Varjo Funding Round
Varjo, operating out of Helsinki, secured $40 million from EQT Ventures, Atomico Ventures and Foxconn Technology Group.
Transaction Overview
Company Name
Announced On
9/6/2022
Transaction Type
Venture Equity
Amount
$40,000,000
Round
Series D
Investors
EQT Ventures (Lead Investor) (Ted Persson)
Proceeds Purpose
It will be using both to continue R&D for its headsets, as well as to delve further into software applications and tools for the Varjo Reality Cloud, its own streaming platform that it launched earlier this year.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
Vuorikatu 20
Helsinki, 00100
FI
Helsinki, 00100
FI
Phone
Website
Email Address
Overview
Varjo is a VR/XR company on a mission to redefine reality. Varjo was founded by a team of industry professionals with decades of experience and a vision of seamlessly merging the virtual and real worlds -- first for professionals and ultimately for everyone.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Timo Toikkanen
Chief Financial Officer
Matti Nylander
Chief Technical Officer
Urho Konttori
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