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Helsinki-based basic absoluteness (VR) accouterments startup Varjo has aloft a new $31 actor Series B annular of allotment led by Atomico, the adventure basic aggregation of Skype co-founder Niklas Zennstroem. Other investors include Next47, EQT Ventures and Lifeline Ventures.
Including the new banknote infusion, Varjo has now aloft a absolute of $46 million. The aggregation has been alive on its own VR headset, which promises to accept a abundant college resolution than today’s consumer-grade VR hardware.
Varjo says it can ability human-eye resolution with an absorbing trick: The aggregation is about putting a baby high-resolution affectation at the centermost of a user’s field-of-view, which is alloyed with a bigger regular-resolution display. The abstraction is to action the highest-possible resolution appropriate in advanced of a viewer, and add regular-resolution images for their borderline vision.
Varjo wants to use its new allotment to agents up and abound its accepted aggregation of 80 advisers to over 200 in the abutting 12 months. The aggregation additionally wants to added assignment with action partners, and already has addled affiliation agreements with companies including Airbus, Volkswagen and Volvo.
“The resolution of VR accessories on the bazaar today is a atom of what the boilerplate animal eye can see,” said Atomico’s Zennstroem in a statement. “Until we met Varjo’s abstracted founders and accomplished their above artefact firsthand, we anticipation that VR was still at atomic 10 years abroad from actuality absolutely advantageous for professionals.”
The cast ancillary of this action focus is that technology like that developed by Varjo acceptable won’t ability consumers any time soon. That’s not alone due to the aerial amount tag — Bloomberg estimated Monday that Varjo’s angle would amount anywhere from $6000 to $11,000 — but additionally due to the actuality that Varjo seems dead-set on productizing its technology itself.
Company admiral told Variety aftermost year that they had no affairs to authorization their technology to any of the big players currently assertive the customer VR market.
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