Varjo: Funding, Investors & Team (Sep 2026)
Varjo (pronounced var-yo) makes revolutionary VR/XR hardware and software that together allow you to see and experience virtual and augmented content just as clearly as you see the analog world around us. Our virtual reality and mixed reality take you to another level of performance and emotional immersion – recreating the exact feeling and conditions of real life, allowing you to perform better and learn faster. Varjo's customers include industry leaders such as Aston Martin, Boeing, Lockheed Martin, Audi, Volvo Cars, Aston Martin, Siemens, Ultimately, we are building the technology for a metaverse of the future, transforming the way people work, interact, and play. www.varjo.com
Varjo has raised $103M across 5 funding rounds on record, the most recent an undisclosed round of $5.9M announced in Aug 2025.
That round is below the $10M median round size for Hardware companies tracked on FundedIQ over the last two years.
Varjo Company Profile and Key Stats
Latest funding round on record: Aug 2025.
Varjo Funding Rounds
1 of 5 rounds was announced without a disclosed amount and is excluded from the total.
Varjo raised $54.0M in an undisclosed round announced in Aug 2020.
2.1 years later, a Series D of $40.0M was announced in Sep 2022.
7 months later, an undisclosed round of $3.3M was announced in Apr 2023.
1.6 years later, a Series D was announced in Nov 2024 with no disclosed amount.
9 months later, an undisclosed round of $5.9M was announced in Aug 2025.
Varjo Founders and Leadership Team
Contact details for the Varjo team: 1 of 2 have an email address on file.
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Varjo's latest round of $5.9M is below the median round in Hardware. Medians cover the last 24 months of disclosed rounds.
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Varjo Funding FAQs
What does Varjo do?
Varjo (pronounced var-yo) makes revolutionary VR/XR hardware and software that together allow you to see and experience virtual and augmented content just as clearly as you see the analog world around us. Our virtual reality and mixed reality take you to another level of performance and emotional immersion – recreating the exact feeling and conditions of real life, allowing you to perform better and learn faster. Varjo's customers include industry leaders such as Aston Martin, Boeing, Lockheed Martin, Audi, Volvo Cars, Aston Martin, Siemens, Ultimately, we are building the technology for a metaverse of the future, transforming the way people work, interact, and play. www.varjo.com
How much funding has Varjo raised?
Varjo has raised $103M across 5 rounds on record. The most recent is an undisclosed round of $5.9M announced in Aug 2025.
When did Varjo last raise funding?
Varjo's most recent funding round on record is an undisclosed round of $5.9M, announced in Aug 2025.
Who founded Varjo?
FundedIQ lists Niko Eiden (Founder), Urho Konttori (Founder) at Varjo.
Where is Varjo headquartered?
Varjo is based in Helsinki, Southern Finland, Finland.
How many employees does Varjo have?
Varjo is in the 101-250 employee band.
How does Varjo's funding compare to other Hardware startups?
Varjo's latest round of $5.9M is below the $10M median round size for Hardware companies on FundedIQ across 1,454 tracked companies over the last two years.
About FundedIQ's Varjo Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Varjo is left off this page rather than filled in.
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