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

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

GrantSep 2024
$2.1M

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Corporate Round through Grant — per-round amounts, valuations, and who invested in each round.

Investors

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