Varjo
PrivateLast Round
Grant
Oct 15, 2025
Total Funding Raised
$186.42M
Momentum
Top 10%
of companies Caplight tracks
Company Overview
Varjo is an industrial-grade technology company that develops and manufactures high-fidelity virtual reality (VR) and extended reality (XR) headsets for professional training, simulation, and design.
Sector
Frontier & Industrial Tech
Verticals
AR/VR Hardware, AR/VR Experiences, Defense Tech, Smart Manufacturing, Cloud Infrastructure
Business Model
B2B
Customer Profile
Hardware + Subscription, Hardware Sales, Subscription SaaS
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Varjo Comparables
Compare Varjo with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Vrgineers, Inc. | 82% | |
| AjnaLens | 78% | |
| Magic Leap | 76% | |
Varjo Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Grant | Oct 15, 2025 | ||||
| Convertible Debt | Aug 13, 2025 | ||||
| Convertible Debt | Aug 13, 2024 | ||||
| Series D | Sep 6, 2022 | ||||
| Debt | Dec 3, 2021 | ||||
Series C | Aug 12, 2020 |
Key People
Founding team and executive leadership
Varjo Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Presence Capital | Series A |
| Tesi | Series C, Series D |
| EQT Ventures | Series C, Series D, Series B, Series A |
| Ned V | Series C |
| Business Finland | Grant |
| 2020 | Series D |
| Lifeline Ventures | Series C, Series D, Series A, Series B |
Market signals
Structured signals derived from secondary market and firmographic data.
- Apr 22, 2026
Varjo Base 4.15 introduces new update channels: Release Candidates and Main releases.
- Apr 14, 2026
Announced partnership with VRAI at ITEC conference.
Varjo Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Varjo's valuation, stock price, and market status.