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