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REplace

Tel Aviv, Israel

Overview

REplace is an AI-driven platform that automates site selection and project acquisition for renewable energy and data center development. Its proprietary algorithms analyze more than 50 factors—landowners, grid data, permitting risk, and market dynamics—to provide instant go/no-go decisions and compress siting timelines from months to seconds. The product is used by large energy developers and acquirers, including Iberdrola (in partnership with Kyoto), EDF Renewables, Doral Energy, Elawan, and Bithenergy. REplace also supports acquisition teams evaluating secondary-market projects, positioning the platform as a tool for both development and M&A. The company plans to grow its engineering team, deepen its U.S. presence, and expand AI capabilities across land and M&A workflows. Founded in 2023 and headquartered in Tel-Aviv, REplace says the funding will help scale its impact in the U.S. and accelerate the clean energy transition.

Total raised
$2M
Funding rounds
1
Latest round
Equity
Latest activity
May 2025

Industries

  • Energy Efficiency
  • Renewable Energy
Visit website

Recent funding

  1. Equity

    May 2025

    $2M

Team

  • Matias Sigal

    Co-Founder & Chief Executive Officer

    LinkedIn
  • Alan Algamis

    CTO & Co-Founder

    LinkedIn