Nordic Secondary Fund has acquired a stake in Varjo, a leading producer of human-eye resolution virtual and mixed reality products, to capitalize on the growing demand for high-quality immersive technologies.
Information on the Target
Nordic Secondary Fund has successfully acquired a stake in Varjo, a prominent manufacturer specializing in human-eye resolution virtual and mixed reality (VR/XR) products. Varjo's advanced technology serves professionals across various demanding industries, enabling them to achieve unprecedented performance in design, prototyping, and research.
Varjo's cutting-edge VR/XR devices facilitate faster design processes, reduce prototyping costs, and enhance training effectiveness, all within an incredibly immersive and ultra-realistic environment. This aligns perfectly with the increasing need for high-quality visualization and simulation in professional sectors.
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Industry Overview in Finland
The virtual and augmented reality (VR/AR) industry in Finland has been experiencing significant growth, characterized by a robust innovation ecosystem and increasing market
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Nordic Secondary Fund
invested in
Varjo
in 2023
in a Growth Equity & Expansion Capital deal