Berlin's VARM bags €17.5M to scale insulation across Europe
Berlin-based climatetech startup VARMhas raised €17. 5 million in a Series A funding round led by ABN AMROSustainable Impact Fund and co-led by GET Fund. The round also includedparticipation from Aurum...
Key Takeaways
- VARM has secured Series A funding to scale its workforce model for home insulation, training career changers as certified installers to address labour shortages and accelerate energy-efficiency upgrades across Europe.
5M to scale insulation across Europe VARM has secured Series A funding to scale its workforce model for home insulation, training career changers as certified installers to address labour shortages and accelerate energy-efficiency upgrades across Europe.
- The funding comes as Europe faces mounting pressure to improve the energy efficiency of its building stock.
In Germany alone, millions of homes remain poorly insulated, highlighting the scale of the challenge.
- VARM is addressing this workforce gap through what it calls a "Cloud Installer" model.
The company trains career changers from outside the construction sector, including former logistics and retail workers, to become certified insulation specialists within weeks.
- According to the company, a standard single-family home can be insulated in around six hours.
The company was founded by Christian Grüner (CEO), a mathematician and former Siemens Advanta executive, and Sebastian Würz (COO), who previously co-founded housing platform Homefully, later acquired by Habyt.
- What would you like us to deliver to you?
Stats & Key Facts
- #Berlin-based climatetech startup VARMhas raised €17.
- #5 million in a Series A funding round led by ABN AMROSustainable Impact Fund and co-led by GET Fund.
- #Tamara Djurickovic 1 hour ago Share Share Send email Copy link Berlin-based climatetech startup VARM has raised €17.
- #5 million in a Series A funding round led by ABN AMRO Sustainable Impact Fund and co-led by GET Fund.
VARM has secured Series A funding to scale its workforce model for home insulation, training career changers as certified installers to address labour shortages and accelerate energy-efficiency upgrades across Europe. Sustainability Berlin's VARM bags €17. 5M to scale insulation across Europe VARM has secured Series A funding to scale its workforce model for home insulation, training career changers as certified installers to address labour shortages and accelerate energy-efficiency upgrades across Europe.
Tamara Djurickovic 1 hour ago Share Share Send email Copy link Berlin-based climatetech startup VARM has raised €17. 5 million in a Series A funding round led by ABN AMRO Sustainable Impact Fund and co-led by GET Fund. The round also included participation from Aurum Impact, alongside existing investors Emerge Partners and Pale Blue Dot.
The funding comes as Europe faces mounting pressure to improve the energy efficiency of its building stock. In Germany alone, millions of homes remain poorly insulated, highlighting the scale of the challenge. While insulation technologies are widely available, the shortage of qualified workers remains one of the biggest barriers to large-scale deployment.
For more details please read the original article at Tech.eu.
Continue Learning
Comments
Sign in to join the conversation