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Tel Aviv Startup REplace Secures $2.1M for AI Energy Solutions

5/31/2025

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Story summary
  • REplace, a Tel Aviv startup, secured $2.1 million to advance its AI platform for renewable energy projects.
  • The funding, led by Gravity Climate, focuses on expanding into the U.S. market and enhancing site selection.
  • The platform analyzes over 50 data points, significantly shortening project timelines from months to seconds.
  • Major clients include EDF and Iberdrola, with plans to expand the engineering team.
  • Founded in 2023, REplace aims to reduce high project failure rates in renewable energy development.