By October 3, 2017 Read More →

Varjo raises $8.2 million to invest in high resolution “human eye” VR headset

Blurring the line between what’s real and what’s virtual.

Varjo Technologies, a mixed reality technology startup based in Helsinki, Finland, has successfully reached a new milestone by raising $8.2 million in series A funding from venture capitalists including EQT Ventures, Venture Reality Fund, Lifeline Ventures Fund III, and others. The startup is known for the development of their patented Bionic Display technology used in their VR/AR devices that replicates the natural behavior of the human eye by using foveated rendering to track where a user’s eyes are looking and ensure that only the area at the center of their vision is being rendered at full resolution. Varjo claims their products will have “up to 100 times the resolution of any of today’s VR/AR devices.”

(Source: Varjo Technologies)

Varjo’s funding indicates that they are actively supporting the launch of their new prototype headset, which they have branded as “20|20.” Intended to be launched for professional users in late Q4, 2017,  the company promises the prototype will offer a unique user experience coupled with Varjo’s innovative method of displaying images.

(Source: Varjo Technologies)

“We are now moving past research into the development stage and are so glad to achieve this in collaboration with EQT Ventures,” said Urho Konttoei, CEO and founder of Varjo. “We clicked the moment we met with them—the team literally started on go-to-market strategy during our first meeting. With EQT Ventures, we not only have a VC but a true partner in growth.”

Keep on the lookout for an announcement entailing their progress at the Slush conference in Helsinki next month.

See related stories:

Varjo Technology announces “eye resolution” virtual reality for professional use


About the Author:

Harrison Garovi is a recent graduate from the University of San Francisco who received a bachelor’s degree in advertising. Prior to attending college, Harrison was an intern for Jon Peddie Research and was responsible for testing graphics cards as well as other pieces of hardware. His interests are music production, traveling, playing video games, video editing, and taking photos of his Ford Mustang.

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