Berlin, Germany
VARM, founded in 2023, is positioning itself as a leading player in the European market for home insulation. With the ambitious mission to insulate 1,000,000 homes over the next decade, the company operates from its headquarters in Germany with a focus on scalability and impact.
By building a network of hyper-local insulation hubs, VARM aims to create a continent-wide infrastructure that empowers local installers through its "business-in-a-box" model. This strategy not only accelerates installation but also promotes entrepreneurship across Europe, addressing a critical need in the region's decarbonization efforts.
The company has successfully raised over €6.75 million to advance its objectives, with a significant €5.70 million seed investment secured on 01 July 2024. Key investors include Foundamental, Pale Blue Dot, Emerge Ventures, and noa. These investments reflect strong confidence in VARM's model and its potential environmental impact.
RetroFoam of Michigan Inc