From: Mercom India
VECKTA, an energy planning and procurement platform, has raised $11 million in an oversubscribed Series A funding round led by Origin Ventures. The funding will support the expansion of the company’s U.S. customer team, product capabilities, partnerships, and supplier network.
The round saw participation from new and existing investors, Tech Square Ventures, VoLo Earth Ventures, Cove Fund, Catalyst by Wellstar, Engage, Emerald Bay Ventures, She’s Independent Investments, and Mobilize AI x Energy Ventures.
With the new funding, the company plans to expand its platform capabilities across the operational life cycle of onsite energy assets and automate the evaluation of additional revenue opportunities. It also plans to expand its network of more than 3,000 vetted suppliers and its partner ecosystem as it adds customers across the U.S.
The investment follows the company’s seed funding round in 2023.
VECKTA helps businesses and real estate owners decide where onsite energy pays off and buy it at a competitive price, across one site or an entire portfolio. Its planning and procurement platform pairs automated site analysis with a marketplace of prequalified suppliers.
According to the company, its platform draws on more than 5,000 data points to return a business case and recommended solar and storage system configuration for each site. Companies assessing a broader portfolio can prioritize projects based on economic return and monitor marginal projects for future deployment.
In 1H 2026, VC funding activity in the solar sector decreased 40% YoY to $1.5 billion, down from $2.5 billion in the first half of 2025. Deal activity increased 9% YoY, with 35 deals in the first half of 2026 compared to 32 in 1H 2025, as per Mercom’s 1H and Q2 2026 Solar Funding and M&A Report.
In 2026, 1KOMMA5° has secured approximately €70 million (~$78 million) in a new funding round and plans to invest over €100 million (~$112 million) in its energy intelligence platform, Heartbeat AI, in 2027.
