South Carolina Research Authority’s investment affiliate, SC Launch, announced Feb. 21 it awarded a $300,000 investment to Viatec, a Piedmont-based company that provides “plug-and-play” electronic power take-off systems.
The business’s electrification solutions, SmartPTO, SmartPX, and SmartAPU, work to lower fuel and maintenance costs and reduce emissions while creating a clean, quiet worksite. Viatec also has several other systems to eliminate constant diesel idling in large vehicles, such as EMS trucks, and maintain power and temperature in tractor-trailer driver cabins.
“Viatec is an exemplary company offering innovative and sustainable products and services,” said SCRA President and CEO Bob Quinn. “Their superior customer service rounds out a company positioned for continued growth in the auxiliary power industry.”
The business became an SCRA member company in 2017 and an SC Launch Inc. portfolio company in 2018. It has received a $25,000 project development fund grant and a $46,000 demonstration grant, as well as $450,000 from SC Launch in investments.
