REplace (Seed)

Funding Details
Awarder
Inbox
Date Award
February 01, 2025
Vertical
AI, Renewable Energy, Climatetech
Funding URL
View Funding Page
Funding Amount:
$2,100,000

Company Info
Founding Year
2023
Traction
Clients include global energy companies such as Iberdrola, EDF Renewables, Doral Energy, Elawan, and Bithenergy.
Organizations Involved
Iberdrola, EDF Renewables, Doral Energy, Elawan, Bithenergy
Founders
Matias Sigal, Alan Algamis
Company Description
REplace is an AI-powered platform that streamlines the development and acquisition of renewable energy and data center projects. Its proprietary engine analyzes geographic, regulatory, and infrastructure data to help developers identify optimal land parcels for siting within seconds. This significantly reduces project risk, cuts down on development time and cost, and accelerates clean infrastructure deployment.
Market
Global renewable energy developers
Location
Tel Aviv, Israel
Coinvestors
Gravity Climate, Adam/a, Techstars, Malbec Ventures

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