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Varjo secures $54m Series C round.

Synopsis

Varjo, an XR technology provider, secured a $54m Series C round from new and existing investors. New investors include Tesi, NordicNinja, and Swisscanto Invest by Zürcher Kantonalbank, while existing investors are Lifeline Ventures, Atomico, EQT Ventures and Volvo Cars Tech Fund. “When you combine the photorealistic resolution and accurate, integrated eye tracking found in our devices with the broad software compatibility we offer, the possibilities for creating, training and running research in immersive environments are endless. With support from our growing group of investors, we look forward to scaling our operations and delivering the cutting-edge technology our customers need to transform the way they work,” Timo Toikkanen, Varjo CEO.

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