REplace
Data-Driven Site Selection for Solar and Wind Energy Projects
StartupREplace is a Haifa-based startup in the Energy Tech sector, established in 2022. Data-Driven Site Selection for Solar and Wind Energy Projects. The company has raised a total of $2.6M across 2 funding rounds, currently at the Seed stage. REplace was founded by Matias Sigal. Key investors include Adama Ventures, Malbec Ventures, Crescendo Venture Partners, among 6 total investors. The company has 11-50 employees. Core technologies: Artificial Intelligence.
With $2.6M in total funding, REplace is a Seed-stage company operating in Energy Tech. The company follows a B2B business model. Product stage: Released. REplace is identified as relevant to climate technology.
- StageSeed
- ProductReleased
- ModelB2B
- Employees11-50
- HQHaifa
- Last Round$2.1M
- Adama Ventures
- Malbec Ventures
- Crescendo Venture Partners
6 investors total
Matias SigalCo-founder & CEO
2 articles covered by sources including www.calcalistech.com,
www.timesofisrael.com.
What does REplace do?
REplace focuses on enhancing the site selection process for solar and wind energy projects. Their approach combines advanced data analysis with a user-friendly interface, aiding renewable energy developers in identifying optimal locations for their projects. The company's proprietary algorithm evaluates multiple factors, including technology type, project size, and regional characteristics. This method streamlines the site selection process, providing developers with actionable insights and detailed analyses of potential sites. REplace's commitment lies in supporting the growth of renewable energy by offering efficient, data-backed solutions that contribute to the global shift towards sustainable energy sources
How much funding has REplace raised?
REplace has raised $2.6M in total funding across 2 rounds. The company is currently at the Seed stage. Key investors include Adama Ventures, Malbec Ventures, Crescendo Venture Partners.
Who founded REplace?
REplace was founded in 2022 by Matias Sigal (Co-founder & CEO).
What sector is REplace in?
REplace operates in Energy Tech, Energy Production & Sources, Climate Tech, Clean Industry Tech , Green Construction, Carbon Tech, Carbon Analytics, Earth Data & Fintech, with core technologies in Artificial Intelligence. Target customers: Energy, Utilities & Waste Management, Renewable Energy Systems, Utilities.
Where is REplace located?
REplace is based in Haifa, Israel.