Launch Alaska Portfolio company VECKTA has closed a new funding round and added a new member to its board of directors, the company announced.

The round was led by Tech Square Ventures and a syndicate of new and existing investors including Volo Earth, Worley, and Cove Fund. Author and podcast host Bill Nussey — a partner at Tech Square Ventures and Engage — will join VECKTA's board of directors as part of the deal.

A graduate of Launch Alaska’s 2020-2021 Tech Deployment Track program, VECKTA provides a cloud-based platform and marketplace to help commercial and industrial businesses lower energy costs, improve reliability, and reduce carbon emissions. Click here to read more >