Story perspectives
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.
