Berlin's VARM bags €17.5M to scale insulation across Europe

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.