Xfloat
AI-powered Floating Photovoltaic Systems
Startup Seed Energy Tech Est. 2017
Total Raised
$3.93M
Seed
Last Round
$1M
3 rounds
Investors
3
3 public
Team
3
11-50 employees
Confidence
90/100
News
6
articles
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. This approach aims to generate electricity for various users, including industrial plants and private consumers, effectively utilizing solar energy on water surfaces.
Classification
Sector
Climate TechEnergy TransitionClean Energy GenerationSustainable Water SolutionsWater for Industry & Residential UsesEnergy TechEnergy Production & Sources
Core Technology
SensingArtificial IntelligenceMachine Learning
Target Customer
Energy, Utilities & Waste ManagementRenewable Energy SystemsSolarIndustrial ManufacturingManufacturing Facilities
Business Model
B2B
Tags
panel-performanceclimate-techrenewable-energysolar-energyphotovoltaicsscadamachine-learningcontrol-systemsartificial-intelligence
Funding & Events
May 2023
Non-equity $1M
BIRD Foundation
Mar 2023
Seed Undisclosed
E44 Ventures, Miya
Mar 2022
Seed $2.93M
Or Elovitch (Lead)
News (6)
Oct 12, 2023 ยท cleantechnica.com
growth-positive
Floating Solar Poised For World Domination, With Tracking
InvestmentPartners
Sep 13, 2023 ยท www.pv-magazine.com
growth-positive
Teralight complete Israel's largest floating PV project
InvestmentPartners
Sep 10, 2023 ยท finance.walla.co.il
growth-positive
ืฉืžืฉ ืžืขืœ ื”ืžื™ื: ืคืจื•ื™ืงื˜ ืกื•ืœืืจื™ ืขื ืง ืฆืฃ ื‘ื—ื•ืฃ ื”ื›ืจืžืœ - ื•ื•ืืœื”! ื›ืกืฃ
InvestmentPartners
Feb 16, 2023 ยท www.pv-tech.org
growth-positive
Spanish water company Miya buys stake in floating PV tech developer Xfloat
AcquisitionExpand
May 23, 2022 ยท nocamels.com
growth-positive
Israel Tests AI-Powered Floating Solar Panels To Generate Clean Energy
PartnersInvestment
Apr 11, 2022 ยท www.themarker.com
growth-positive
ืขื›ืฉื™ื• ื‘ืจืžืช ื”ื’ื•ืœืŸ: ืžืชืงืŸ ืกื•ืœืืจื™ ืจืืฉื•ืŸ ื‘ืขืœ ื™ื›ื•ืœื•ืช ืขืงื™ื‘ื” ืื—ืจื™ ื”ืฉืžืฉ
InvestmentExpand
Details
Product Stage
Released
Employees
11-50
Exact Count
16
District
Center District
Founded
2017
Registrar
515763084
Locations
HaGavish Street 10, Netanya, Israel
Links
Website
LinkedIn
Admin
Last Update
Apr 27, 2025
Verified by
Maor Perlov
Claimed
Yes
Missing
markets, not claimed
Team (3)
Ran Alcalay
Co-founder & CEO
Founder
Avi Alcalay
Co-founder & CTO
Founder
Sara Kallus
Marcom
Internal
Created by
Maor Perlov (maorperlov@gmail.com)
Created
2022-05-23T00:00:00.000Z
Last editor
Maor Perlov (maor.perlov@sncentral.org)