Virtual and mixed reality headset developer Varjo more than doubled its overall funding in a round in which Volvo Cars Tech Fund reinvested.
Switzerland-based virtual and cross reality technology developer Varjo completed a $54m series C round on Wednesday featuring Volvo Cars Tech Fund, an investment vehicle for automotive manufacturer Volvo Cars.
The round included financial services firm Zürcher Kantonalbank’s Swisscanto Invest asset management vehicle, in addition to Tesi, NordicNinja, Lifeline Ventures, Atomico and EQT Ventures.
Varjo produces virtual and mixed reality headsets and software for use by industrial clients, which include Volvo Cars, in areas such as product development. The series D…
