VARM, a Berlin-based startup training and deploying insulation specialists, has raised €17.5 million in a Series A funding round to expand its scalable home insulation model across Germany and, eventually, Europe. The round was led by ABN AMRO Sustainable Impact Fund and co-led by GET Fund, with participation from Aurum
David Cendon Garcia
VARM, a Berlin-based startup training and deploying insulation specialists, has raised €17.5 million in a Series A funding round to expand its scalable home insulation model across Germany and, eventually, Europe.
The round was led by ABN AMRO Sustainable Impact Fund and co-led by GET Fund, with participation from Aurum Impact and existing investors Emerge Partners, Pale Blue Dot, Emerge VC and noa.
“Insulating Europe’s buildings is proven, fast, cheap and unbelievable effective. The hard part is doing it at scale, building by building. That’s the company we always have been building. Now we’re building the team to match the speed for our next phase,” said Christian Gruener, CEO and co-founder in a public statement.
