Industrial-grade VR company Varjo picks up $54M in Series C financing

Industrial-grade VR company Varjo picks up $54M in Series C financing

Varjo, the Finnish start-up that has actually developed a virtual and blended truth headset capable of”human-eye resolution”for use in various business applications, has actually closed$54 million in Series C funding. Backing the round is Tesi, NordicNinja and Swisscanto Invest by Z├╝rcher Kantonalbank. Existing financiers Lifeline Ventures, Atomico, EQT Ventures and Volvo Cars Tech Fund […]
Varjo states the injection of capital will be utilized to accelerate its international growth and development of industry-leading hardware and software items. The Series C round follows a number of pointed out milestones, such as expansion of the company’s international operations and reseller network to over 40 countries in North America, Europe, the Middle East and Asia Pacific. Varjo has actually also signed a business collaboration with MeetinVR to deliver photorealistic virtual partnership, a much-needed service for users to be able to team up remotely. …