Vargo Receives $31 M in Series B Funding for ‘Human-Eye Resolution’ Headset

Published by , October 15, 2018 1:44 pm

(TechCrunch) Varjo Technologies, the Finnish startup developing a virtual reality headset capable of “human-eye resolution,” has raised $31 million in Series B funding. Europe’s Atomico led the round with participation from Siemens-backed venture capital firm Next47. Existing Series A investors EQT Ventures and Lifeline Ventures also followed on.
Founded in 2016, Varjo (which means “shadow” in Finnish and is pronounced “Var-yo”) aims to bring to market “the world’s first” human-eye resolution virtual reality (VR) and mixed reality (XR) product. Varjo is targeting industrial use-cases for its wares.

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