{"_id":"agxzfmlsbGlzdHNpdGVyGAsSC05ld19Db21wYW55GICAkPzBx8oLDA","lastupdate":"2023-11-12T00:00:00.000Z","update_date":"2023-11-12T00:00:00.000Z","lastModified":"Apr 27, 2025","active":1,"confidence_score":90,"confidence_score_reason":"markets, not claimed","urlname":"xfloat","minimal_profile":null,"status":"","fullstatus":"","acquired":0,"hide_reason":null,"hide_reason_data":null,"hide_reasons":[{"id":"8257rxn4P8EFQOmS5hAAauHyYMhhxrA5u6yWX4XUShpybX3AMNo3Y9","reason":"Pending approval - External entity"},{"id":"aOIaOiiqfpA8UMw6VCTh8ueRmkG3lzDy1NGqEOaJbe11OrCzMTCCd6","reason":"The company is a service provider"},{"id":"ddgjKuc3GgH8E5UehSVJviRl471BCajL1plO8HtGoOojy2NivYqQ7x","reason":"Owner asked to delete"},{"id":"EjOKM211H1ira9J63oaGPuUxvr7Oba55TZo3NWsFO5uhbNu7o4x4zD","reason":"The company is not Israeli"},{"id":"J7fQJtnT3GdWWSE3MD8rzaW65LJ4jEIKxSZnneQiReONdZjG3zIqWe","reason":"Owner asked to hide in the meantime"},{"id":"NxlAC3ReFb5ksiYNLp2FnUyluoJzwRCYfcF7xpTZaPM53SdWQ5kv0B","reason":"Pending approval"},{"id":"RhC1tlwXzioK0MfzBII3H2wepEfQOfKVktmdwqeqTJjGi3ZaBWUqZo","reason":"The company is not innovative"},{"id":"S0Ed46vNI6vZYVxLedANWGjas23K6hY0QdsCtiGYL7lshqIEdLV3sA","reason":"The company ceased operations in Israel"},{"id":"VTANq7bEvlsEcPjp0ghelXfShaCosgndONGjgU730aAOxXtaDIF5j3","reason":"This is a product of an existing company"}],"type":"Startup","logokey":"$joNxa7YGWXhZBEmkWomRyluEQK6NOrjRqoNfhiloG9sADoJvq57uAU","name":"Xfloat","oneliner":"AI-powered Floating Photovoltaic Systems","registrar":"515763084","website":"https://xfloat.co/","careerspage":"","founded_month":12,"founded_year":2017,"formernames":[],"sociallinks":{"twitter":"","youtube":"https://www.youtube.com/channel/UChXZK4G9vzkc6NyTNsx3lUA","facebook":"","linkedin":"https://www.linkedin.com/company/78335885","instagram":""},"social":["https://www.linkedin.com/company/78335885","https://www.youtube.com/channel/UChXZK4G9vzkc6NyTNsx3lUA"],"flattenedsociallinks":"https://www.linkedin.com/company/78335885|https://www.youtube.com/channel/UChXZK4G9vzkc6NyTNsx3lUA","apps":{"appstore":"","googleplay":""},"is_claimed_by_owner":1,"employees":"11-50","employees_exact":16,"patent":0,"raised":3930000,"stage":"Seed","public_stage":"Seed","primary_sector_key":"agxzfmlsbGlzdHNpdGVyJAsSF0Jhc2VDbGFzc2lmaWNhdGlvbk1vZGVsGICA4Ifev64KDA","primary_sector":"Energy Tech","alternativenames":null,"about":"Xfloat is working to improve the efficiency and cost-effectiveness of floating solar projects with a water management system that controls solar panel tilting and tracking through water loads and pumps. This system combines sensor data with machine learning for enhanced photovoltaic performance and maintenance planning. A key feature is its buoyancy tanks, which adjust PV panel rotation without the need for motors or hydraulics, utilizing a hydrostatic positioning mechanism. 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Miya Water has acquired a minority stake in Xfloat, and a $1 million grant has been provided to fund a pilot project that pairs Xfloat with the US firm Rettew Associates.","partners":"Rettew Associates","customers":"N/A","investors":"Miya Water","confidence":8,"key_topics":["Floating Solar","Solar Tracking","Investment","Partnership","Market Growth"],"date_of_event":"N/A","valuation_amount":"N/A","impact_on_company":"growth-positive","investment_amount":"$1 million","structured_issues":["Investment","Partners"],"acquisition_amount":"N/A","structuredIssuesShow":"#Investment  #Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"7sBFkS78nunerkwgEIGpVeWRZQDGR5CoiGuwxkC5f91g7eM5KYKeER","news_summary":"Floating Solar Poised For World Domination, With Tracking","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"L3IpIv9240NJCJXeaCjn3RwSRz4tdoPJ35iyEiDes83rTozjaXloqs","date":"Sep 13, 2023","link":"https://www.pv-magazine.com/2023/09/13/teralight-complete-israels-largest-floating-pv-project/","source":"www.pv-magazine.com","visible":1,"analysis":{"tags":"Renewable Energy, Project Completion","company":"Teralight","layoffs":"Not mentioned","summary":"Teralight, an Israeli renewable energy developer, has completed the countrys largest floating photovoltaic (PV) project. 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The project was a collaboration between Israels Senergy Group and the Hof HaCarmel Water Association.","partners":["Senergy Group","Hof HaCarmel Water Association","Xfloat"],"customers":"Not mentioned","investors":"Not mentioned","confidence":9,"key_topics":["Floating PV Project","Renewable Energy","Sun-Tracking Devices","Collaboration","Investment"],"date_of_event":"September 13, 2023","valuation_amount":"Not mentioned","impact_on_company":"growth-positive","investment_amount":"$33.8 million","structured_issues":["Investment","Partners"],"acquisition_amount":"Not mentioned","structuredIssuesShow":"#Investment  #Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"EzpD51FYhyezkAMISHDckkMvT1uzjxJiYJOGJgN3GCGICJiy8mlhv2","news_summary":"Teralight complete Israel's largest floating PV project","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"eJRTzyKAXNpmxPFhFFY7lzp4kTflc69MStwu5EsFfmIs6zVKjnhePE","date":"Sep 10, 2023","link":"https://finance.walla.co.il/item/3608254","source":"finance.walla.co.il","visible":1,"analysis":{"tags":"Solar Energy","company":"טראלייט","layoffs":"Not mentioned","summary":"Israeli company Teralight has launched the countrys largest floating solar project. The project, in partnership with Synergy and the Carmel Coast Water Association, involves the installation of floating photovoltaic facilities with a capacity of 31 megawatts on water reservoirs in Kibbutz Maayan Zvi near Zichron Yaakov. The total cost of the project is estimated at around 130 million shekels. The project is part of a policy led by the Carmel Coast Regional Council to cover water reservoirs and reservoirs.","partners":"Synergy, Carmel Coast Water Association","customers":"Not mentioned","investors":"בנק לאומי","confidence":9,"key_topics":["Solar Energy","Investment","Partnership","Project Launch","Green Energy"],"date_of_event":"10.9.2023","valuation_amount":"Not mentioned","impact_on_company":"growth-positive","investment_amount":"130 million shekels","structured_issues":["Investment","Partners"],"acquisition_amount":"Not mentioned","structuredIssuesShow":"#Investment  #Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"OnBCz7zOaw7X6edulu0rfhp3DqkcFJ1coJLIXYLshA6BKgA3aZllFn","news_summary":"שמש מעל המים: פרויקט סולארי ענק צף בחוף הכרמל - וואלה! כסף","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"xGcE2JEpN1YwlzqaanlsxIgdKjs3J129XI8BCxB2rvvo47haM5pnHi","date":"Feb 16, 2023","link":"https://www.pv-tech.org/spanish-water-company-miya-buys-stake-in-floating-pv-tech-developer-xfloat/","source":"www.pv-tech.org","visible":1,"analysis":{"tags":"Acquisition, Expansion","company":"Miya, Xfloat","layoffs":"Not mentioned","summary":"Spanish water company Miya has acquired a minority stake in Xfloat, an Israeli floating PV tech developer. Xfloats floating solar PV arrays use a tracking system without motors or gears, reducing costs and maximising returns. The company is currently developing a 10.6MW floating solar PV plant in Maayan Zvi, Israel. Miya expects a 25% compound annual growth rate for the floating solar sector until 2030.","partners":"Not mentioned","customers":"Not mentioned","investors":"Miya","confidence":8,"key_topics":"Floating Solar PV, Acquisition, Water Utilities, Renewable Energy, Growth","date_of_event":"Not mentioned","valuation_amount":"Not mentioned","impact_on_company":"growth-positive","investment_amount":"Not mentioned","structured_issues":"Acquisition, Expand","acquisition_amount":"Not mentioned","structuredIssuesShow":"#Acquisition, Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"D48Vd0x5skcYgHZgfhIyhp3q4V1mI2P7S32yLZne6tCvLhdHL8QWfQ","news_summary":"Spanish water company Miya buys stake in floating PV tech developer Xfloat","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"2d9dee5e-9c3c-4319-87b5-fe53ddc005dc","date":"May 23, 2022","link":"https://nocamels.com/2022/05/xfloat-mekorot-solar-panels-energy-floating/","source":"nocamels.com","visible":1,"analysis":{"tags":"Renewable Energy, Innovation","company":"Xfloat","layoffs":"Not mentioned","summary":"Israeli startup Xfloat has partnered with Mekorot, Israels national water company, to test a floating artificial intelligence (AI) that generates electricity by tracking the sun. 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Xfloat, which develops a system that allows a float to follow the suns rays, launched its first commercial facility and its connection to the electricity grid in the Tzur reservoir in the Golan Heights, which supplied 300 kilowatts, for the water association Mei Golan.","partners":"Synergy","customers":"Water Association Mei Golan","investors":"Synergy","confidence":9,"key_topics":"Renewable Energy, Solar Power, Technology, Market Expansion, Investment","date_of_event":"April 11, 2022","valuation_amount":"Not mentioned","impact_on_company":"growth-positive","investment_amount":"Not mentioned","structured_issues":"Investment, Expand","acquisition_amount":"Not mentioned","structuredIssuesShow":"#Investment, Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"aCk6skH29DAtd0ZgtSM5eu28e93ZWdpQ7jCACUdPuvMrLqJWwAEcwx","news_summary":"עכשיו ברמת הגולן: מתקן סולארי ראשון בעל יכולות עקיבה אחרי 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