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Varjo Named One of the World’s Most Innovative Companies by Fast Company for 2023

 The leader in high-fidelity virtual and mixed reality joins the ranks of Niantic, Unity, Meta, and more

March 2, 2023 – Helsinki, Finland – Varjo has been named to Fast Company’s prestigious annual list of the World’s Most Innovative Companies for 2023.

This year’s list highlights the businesses at the forefront of their respective industries, paving the way for the innovations of tomorrow. These companies are setting the standard with some of the greatest accomplishments of the modern world. In addition to the World’s 50 Most Innovative Companies, 540 organizations are recognized across 54 sectors and regions.

“We are honored to be recognized by Fast Company as a global leader in virtual and mixed reality hardware and services,” said Timo Toikkanen, CEO of Varjo.

Trusted by over 20 percent of Fortune 100 companies in the world, Varjo is already transforming the workflows of thousands of industry-leading companies across training and simulation, automotive, design and engineering, medical, and research sectors. We are proud to continue to build the industrial metaverse technology of the future and work with our visionary customers and partners to unlock the next giant leap in modern workflows.”

The World’s Most Innovative Companies is one of Fast Company’s most highly anticipated editorial efforts of the year. It provides a firsthand look at the inspiring and innovative efforts of companies across all sectors of the economy. Varjo was listed as one of the most innovative companies in Virtual Reality and Augmented Reality.

“This year’s list compiles some of the most cutting-edge groundbreakers who are changing our world every single day. Everyone on this list does something completely, uniquely different, yet, they all have one thing in common: innovation,” said Fast Company editor-in-chief Brendan Vaughan. 

Varjo started out making high-end mixed-reality (XR) headsets for enterprises, but it has more recently expanded to help those businesses overcome the challenge of administering XR content to their teams (such as designers),” writes Mark Sullivan in the Fast Company article. “The end result is that joining an XR collaboration session is more like joining a Zoom call, and it’s attracted a number of automotive industry customers such as Kia, Rivian, and Volvo.”

Fast Company’s Most Innovative Companies issue (March/April 2023) is available online here and on newsstands beginning March 14.

About Varjo

Varjo (pronounced var-yo) makes revolutionary VR/XR hardware and software that together allow you to see and experience virtual and augmented content just as clearly as you see the analog world around us. Our virtual and mixed reality headsets take you to another level of performance and emotional immersion – recreating the exact feeling and conditions of real life, allowing you to perform better and learn faster.

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Business customers have access to our full product range:

  • Varjo XR-3
  • Varjo VR-3
  • Varjo Aero

Available in over 35 countries


Private customers can order Aero through our webstore.

  • Varjo Aero

Available in the United States, Canada, United Kingdom, EU, Switzerland, Iceland, and Australia.


Business customers have access to our full product range.


Private customers can order Aero through our webstore.