VARM, the startup on a mission to insulate one million European houses within a decade, has secured $18.9M in Series A funding. The capital infusion comes as the company works to establish a scalable, continent-wide infrastructure for insulation, aiming to become the European Champion in the sector.
The company's strategy involves developing hyper-local insulation hubs and offering a "business-in-a-box" solution. This model recruits, trains, and empowers local installers to launch and operate their own insulation companies, directly addressing Europe's significant energy efficiency demands.
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