Varjo

Helsinki, Finland · Founded 2016 · Privately Held (backing)

Developer of virtual reality (VR) and extended reality (XR) headsets designed to reinvent virtual, augmented, and mixed reality experiences. Varjo is based in Helsinki, Finland and was founded in 2016. Its last reported valuation was $273 million in Nov 2023. It has raised $231 million.

Last reported valuation
$273.1M
Oct 2026
Priced at
—
Total raised
$231.0M
Last round
—

Varjo key facts

as of Oct 2026
  • Developer of virtual reality (VR) and extended reality (XR) headsets designed to reinvent virtual, augmented, and mixed reality experiences.
  • Varjo is valued at approximately $273.1M as of Oct 2026 (last reported valuation).
  • It has raised $231.0M; the latest was Later Stage VC ($5.8M) in Jul 2025.
  • Notable investors include Nvidia, Atomico, EQT Ventures, Lifeline Ventures, Tesi — 31 tracked in total.
  • Status: Privately Held (backing).
Last reported valuation
LOW confidence
$273.1M

Varjo's last reported valuation, Nov 2023. Nothing priced has surfaced since.

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Varjo funding rounds

No rounds on record

No funding rounds for Varjo are on record yet — either the company hasn't raised institutional capital, or the raise hasn't surfaced in our sources.

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Varjo valuation

Varjo's last reported valuation was $273 million in Nov 2023. No priced round, secondary trade or fund mark has surfaced since.

Varjo investors

31 investors are on record for Varjo, including Nvidia, Atomico, EQT Ventures and Lifeline Ventures. By type, the record holds 4 venture capital firms and 4 asset managers.

About Varjo

Developer of virtual reality (VR) and extended reality (XR) headsets designed to reinvent virtual, augmented, and mixed reality experiences. The company's headsets come equipped with photorealistic visual fidelity, low latency, high definition stereo, focus texture and contour, lights, shadows, and integrated eye tracking, enabling customers to experience photorealistic reality scenarios.

Sector
Consumer Products and Services (B2C)
HQ
Helsinki, Finland
Founded
2016
Employees
219
Website
varjo.com/
Ownership
Privately Held (backing)

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