Veckta Closes $3.3M Seed Funding Round


Veckta Corporation, a San Diego, CA-based online energy marketplace that connects commercial and industrial energy users with capital, services, and equipment suppliers, closed a $3.3M seed funding round.

The round was led by VoLo Earth Ventures with participation from Cove Fund, Triple Impact Capital, SeedFolio, She’s Independent and Nomadic Ventures. Founding shareholder, Worley, continues to hold a position in Veckta. As part of the financing, Kareem Dabbagh, Co-Founder and Managing Partner at VoLo Earth Ventures and Paul Vois, Fund Manager for Cove Fund will join VECKTA’s Board of Directors.

The company intends to use the funds to expand its marketplace platform and grow its pipeline across the food and beverage, manufacturing, and mining industries.

Led by Founder and CEO Gareth Evans, Veckta is an onsite energy marketplace platform where companies can access vetted capital, construction, and equipment suppliers all in one place.