14 Million Poorly Insulated German Homes: VARM Raises €17.5 Million to Expand Its Installer Network

14 million poorly insulated German homes: VARM raises €17.5 million to expand its installer network

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…

The VC firm behind sonnen’s Shell exit just backed a €17.5M plan to make home insulation a one-day job

VARM, a Berlin insulation startup, has raised €17.5 million in a Series A round led by ABN AMRO Sustainable Impact Fund and GET Fund, the firm behind the sonnen battery storage exit to Shell. The company insulates a single-family home in one day at a fixed price of around €5,000, with homeowners paying under €4,000 after government subsidies and saving up to 50% on heating costs. Founded in 2023 by two serial founders, VARM has completed thous…