Varme Energy
Shaping a future where waste isn't wasted
Canada · Founded 2022 · $2.1M raised
- Employees
- 11–50
- Founded
- 2022
- Business Model
- B2B
- Website
- varme.ca
- Total Funding
- $2.1M
- Last Round
- $2.1M GrantSep 2024
- Rounds
- 3
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Varme Energy is building a global portfolio of next-generation waste-to-energy facilities with integrated carbon capture and storage (CCS). Founded in Canada, the company converts municipal solid waste into clean energy while eliminating landfills and capturing biogenic carbon — creating negative-emissions energy. The team spans Canada, Norway, and the UK, with 30+ years of combined expertise across energy, project development, finance, and waste management. Varme's first industrial-scale facility is being developed in Strathcona County, Alberta, with regulatory approval secured from the Alberta Utilities Commission.
Summary
Varme Energy is a Sustainability company based in Canada, founded in 2022. It has raised $2.1M in total across 3 rounds, most recently a $2.1M Grant round in Sep 2024. Investors include Alberta TIER Program and Canada Growth Fund.
Funding History
Sep 2024
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Funding: Corporate Round through Grant. Amounts, valuations, and investors where available.
Investors
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