Recent work | September 8, 2022

Roschier acted for Varjo in connection with their EUR 41 million funding round

Varjo, an industry-leading provider of professional-grade VR/XR hardware and software, has secured EUR 41 million in new funding. Roschier represented Varjo in the investment round.

The Series D investment is backed by return investors including EQT Ventures, Atomico, Volvo Car Tech Fund, and Lifeline Ventures, and new strategic investors including Mirabaud and Foxconn​, one of the largest electronics contract manufacturers in the world. The new capital will enable Varjo to build a true-to-life, industrial metaverse for all professionals.

Headquartered in Finland, Varjo makes revolutionary VR/XR hardware and software that together allows the experience of virtual and augmented content just as clearly as in the analog world. Today, 25% of Fortune 100 companies use Varjo’s XR/VR hardware and software.

Roschier’s advisory team comprised Tero Jormanainen, Pinja Liikanen and Amanda Rekonen.