The digital marketplace platform Veckta has announced the closing of an oversubscribed Series A financing round amounting to 11 million US dollars. The capital increase was led by the investment firm Origin Ventures. The company, headed by Gareth Evans, intends to use the newly raised funds primarily to accelerate its expansion course.
Economic viability analysis and procurement for real estate portfolios
Veckta supports commercial property owners and portfolio managers in assessing where the implementation of on-site solar power and energy storage systems makes commercial sense. The firm's software solution enables the site-specific analysis of complex portfolios and the identification of viable installations.
- —Systematic review and assessment of the economic viability of solar systems across the entire property portfolio
- —Determination of the benefits and payback periods of site-specific battery storage
- —Competitive procurement of the required energy infrastructure via the integrated marketplace
Once the site analysis is complete, the platform provides the opportunity to procure the required technologies and services at competitive prices. To this end, Veckta is already cooperating with nationwide property owners and companies with extensive location portfolios to consolidate procurement processes in the renewable energy sector.
Scaling digital energy marketplaces in the commercial sector
The strong demand in the financing round reflects the growing interest of institutional investors in software-based solutions for the real estate sector. With the backing of Origin Ventures, the platform architecture is to be expanded further and collaboration with major clients intensified.
In light of rising demands on energy efficiency and operating cost control, data-driven tools are becoming increasingly relevant for institutional property holders. Platforms such as Veckta establish market transparency and reduce the operational effort previously involved in the individual assessment and implementation of decentralised energy projects.
