Low-carbon transition | October 11, 2023

VARM raises early funding to make German homes more energy efficient

Jessica Pothering
ImpactAlpha Editor

Jessica Pothering

ImpactAlpha, October 11 – Two-thirds of Europe’s homes and buildings are deemed energy inefficient. VARM tackles a simple improvement – better insulation – that needs to be addressed before bigger electrification projects.

The Berlin-based company trains workers to install confetti-like “blown in” insulation. It says the work can be done in a day and costs €2,000 on average, compared to two weeks and €20,000 to install traditional insulation. Government subsidies are available to cover some of the costs. 

VARM’s digital booking system is designed for single-family homeowners. Pre-seed funding from Foundamental, A/O, Thermondo and Vidia Equity will help the company expand to multifamily housing properties.

VARM is also developing a training academy to address the shortage of skilled insulation workers.