Varjo closes $8.2M Series A investment funding round growth of a human eye-resolution VR/AR/XR bionic display

Denmark Finland Sweden Investments 29 September 2017
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Varjo Technologies, a Helsinki, FInland-based startup working on hardware and software for groundbreaking VR/AR/XR computing devices, announced it has closed an $8.2M Series A funding.

The money comes from a range of local and international investors, including EQT Ventures, Lifeline Ventures, The Venture Reality Fund, John Lindfors, Foobar Technologies, Presence Capital, Bragiel Bros and Sisu Game Ventures Oy.

Varjo Technologies (“shadow” in Finnish, pronounced “Var-yo”), founded in 2015 by CEO Urho Konttori, has developed bionic display technology that replicates how the human eye naturally works, creating a super-high-resolution image to the users gaze direction. This is further combined with video-see-through (VST) technology for unparalleled AR/XR capabilities. The company was in stealth until June 2017, when it made public its prototype work.