Varjo

Varjo designs and manufactures industrial-grade virtual and mixed reality headsets used in professional simulation, defence training, and engineering visualisation. Founded in 2016 in Helsinki by Nokia and Microsoft alumni, the company has raised over $200 million and pivoted strongly toward military and defence customers. In 2026 it launched ready-to-deploy XR systems for air-gapped and secure environments, backed by a €40 million R&D programme co-funded by Business Finland, and attracted a €5 million strategic investment from defence technology firm THEON.