Laki Power raises €6m Series A led by NATO Innovation Fund
ReykVC participated as Laki expands manufacturing, deployments and grid platforms.
Laki Power raised €6 million in Series A financing led by NATO Innovation Fund, with ReykVC participating.
The company will scale LKX-MULTI manufacturing, expand utility deployments across Europe, North America and Australia and develop platforms including LKX-DRONE. Laki reports existing utility deployments in Iceland, Norway and Canada.
Use of funds
Scale manufacturing of the LKX-MULTI monitoring station
Expand utility deployments across Europe, North America and Australia
Develop and distribute next-generation grid platforms including the LKX-DRONE