VECKTA raises $11M for onsite energy procurement
VECKTA has raised an $11 million Series A for software that helps businesses plan and procure onsite energy systems.
What happened
VECKTA has raised an oversubscribed $11 million Series A led by Origin Ventures. The company operates a planning and procurement platform for onsite energy generation and storage.
Its software helps businesses and property owners assess where onsite energy makes economic sense, compare suppliers and manage procurement across one site or a wider portfolio.
Why it matters
Rising electricity costs, grid constraints and resilience concerns are pushing more companies to consider distributed power. Choosing the right technology, supplier and commercial structure remains difficult.
The bigger picture
Energy-management software is expanding beyond monitoring consumption into decisions about what infrastructure businesses should build and buy.