REplace

Data-Driven Site Selection for Solar and Wind Energy Projects

Energy Tech
Private
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Company Overview

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Company Intelligence Q&A

What is REplace's core mission?
REplace aims to make renewable energy development more cost-efficient by identifying optimal land with the lowest chances of failure and maximum return on investment, thereby accelerating the global transition to cleaner energy sources.
When was REplace founded and by whom?
REplace was founded in February 2022 by Matias Sigal, who serves as Co-founder & CEO, and Alan Algamis, Co-founder & CTO.
What significant funding did REplace receive in May 2025?
In May 2025, REplace raised $2.1M in a funding round that included investments from Adama Ventures.
How does REplace streamline site selection for renewable energy projects?
REplace utilizes a proprietary algorithm that assesses potential sites for renewable energy projects based on over 40 different parameters, enabling companies to identify optimal locations with a single click.
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