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.