A consortium of investors led a $40m Series D round in Varjo.

A consortium of investors including EQT Ventures, Atomico, Volvo Car Tech Fund, Lifeline Ventures, Mirabaud and Foxconn led a $40m Series D round in Varjo, a provider of professional-grade VR/XR hardware and software. “Our new funding is a testament to the incredible growth Varjo has seen over the past few years as interest for enterprise XR adoption grows. The vision for a true-to-life metaverse for professionals is already here, and we are proud to be the first and only company in the world to continue to deliver human-eye resolution virtual and mixed reality technology to the largest and most iconic enterprises in the world," Timo Toikkanen, Varjo CEO.