Varda was founded in January 2021 by Will Bruey and Delian Asparouhov with significant backing from world class investors including Khosla Ventures, Lux Capital, Founders Fund, Caffeinated Capital, General Catalyst, and Also Capital. Currently enrolled in an accredited bachelor's or graduate degree program in Chemistry, Chemical Engineering, Materials Science and Engineering, Biology, or Biomedical Engineering, or similar physical and life sciences or engineering degrees.