Investors Bank $30M on Varjo for VR/AR Headset with 'Human-Eye Resolution'
A Series B round of funding, totaling $30 million, will enable Helsinki-based startup Varjo to launch its industrial-grade augmented and virtual reality headset capable of "human-eye resolution" before the end of the year. The investment will fund an expansion of Varjo's hardware and software teams from 80 employees to more than 200 within the next year and the global launch of the VR headset later in fourth quarter 2018 with an AR add-on arriving within the first half of 2019. Atomico led the latest round of investment, with participants including new investor Next47, the venture arm of... more
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