Atomico leads $31M Series B in Varjo, the Finnish startup developing ‘human-eye resolution’ VR and XR

Your daily selection of the hottest trending tech news!

According to (This article and its images were originally posted on TechCrunch October 8, 2018 at 03:46AM.)

Varjo Technologies, the Finnish startup that made a splash earlier this year with news it had developed a virtual reality headset capable of “human-eye resolution,” has raised $31 million in Series B funding.

Leading the round is Europe’s Atomico, with participation from Siemens-backed venture capital firm Next47. Existing Series A investors EQT Ventures and Lifeline Ventures also followed on. It brings total funding for the Helsinki-based company to $46 million.

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, which will be orders of magnitude higher in resolution than existing consumer headsets, such as Magic Leap or Microsoft’s HoloLens. However, unlike those existing devices — and courtesy of a claimed 20x bump in resolution — Varjo is targeting industrial use-cases for its wares.

+ Got any news, tips or want to contact us directly? Feel free to email us:

To see more posts like these; please subscribe to our newsletter. By entering a valid email, you’ll receive top trending reports delivered to your inbox.


This article and images were originally posted on [TechCrunch] October 8, 2018 at 03:46AM. Credit to the original author and TechCrunch | ESIST.T>G>S Recommended Articles Of The Day.





Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.