
Insulation industry news from Global Insulation
UK: Wull Technologies has secured funding to scale production of its LAMDA sheep’s wool-based insulation panels. The company will produce the panels at its Manchester plant, using wool from sheep in Wales. Farming UK News has reported that the insulation is both recyclable and biodegradable. It matches the thermal and acoustic performance of mineral wool, but with increased moisture management ability.
The University of Manchester's Innovation Factory and the Greater Manchester Combined Authority supplies the latest funding, bringing the total received by the company to €597,000.
Technical Director Liam Britnell said "We set out to use materials science to open up new markets for this abundant and underutilised material. Rigid panel insulation is widely used and preferred across the construction sector because it is easy to handle, install and cut to shape."
Varm wins €5.7m seed funding for European expansion
17 July 2024Germany: Insulation installation start-up Varm has secured €5.7m in seed funding to expand its operations across Europe. The round was led by Emerge and Pale Blue Dot, with contributions from Noa, Foundamental and previous investors.
CEO Christian Gruener said “We are building a scalable infrastructure for insulation. This funding will help us expand and innovate, making insulation more accessible and affordable for everyone.”