Matias Sigal
Co-founder & CEO
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REplace
Former names:
Data-Driven Site Selection for Solar and Wind Energy Projects
Stealth Mode
REplace
REplace Overview
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
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
Cumulative Funding Raised Over Time ($)
Employees Over Time
REplace Climate Tech relevance
About 80% of renewable energy development projects fail due to manual site selection, resulting in billions of dollars lost per year and the slowing of the energy transition. REplace makes renewable energy cost-efficient by identifying which land has the lowest chances of failure and maximum Return on Investment (ROI) in one click, and in this way accelerates the global transition to cleaner energy sources.
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May 29, 2025
www.calcalistech.com
Israeli AI startup REplace raises $2.1M to accelerate clean energy deployment with site selection platform | CTech
#Investment #Customers #Expand
Mar 18, 2024
www.timesofisrael.com
The article discusses REplace, a startup by Argentinian immigrants Matias Sigal and Alan Algamis, aimed at transforming the renewable energy sector. Using an algorithm that assesses potential sites for renewable energy projects based on 40 different parameters, REplace enables companies to identify optimal locations for such projects with a single click, significantly streamlining the site selection process. For more details, you can read the full article on The Times of Israel website.
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Primary sector
Total funding
Funding stage
Number of employees
Founded
Related Content
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https://replace-energy.com
Locations
Israel
Haifa, Israel
Offices Abroad
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REplace Business
Sector
Primary:
Energy Tech
Target Customer
Core Technology
Use Cases
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Cumulative Funding Raised Over Time ($)
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Public Offerings & Exits
Private Equity Funding
Pre-Seed
$500K
Jun 2023
2
Investors
$500K
Non-Equity Funding
Mergers and Acquisitions
REplace Lifecycle
Cumulative Funding Raised Over Time ($)
Timeline
Employees Over Time
News Over Time
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Pre-Seed
$500K
Jun 2023
2
Investors
$500K
Program
Jun 2023
Hub
Name
Techstars Tel Aviv Accelerator
Batch
Program
Sep 2024
Hub
Name
Cleantech Open
Batch
Program
Hub
Name
Blue Launchpad
Batch
Program
Hub
Name
HiCenter Ventures
Batch
1
REplace News
News Over Time
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News Articles
May 29, 2025
www.calcalistech.com
Israeli AI startup REplace raises $2.1M to accelerate clean energy deployment with site selection platform | CTech
#Investment #Customers #Expand
Mar 18, 2024
www.timesofisrael.com
The article discusses REplace, a startup by Argentinian immigrants Matias Sigal and Alan Algamis, aimed at transforming the renewable energy sector. Using an algorithm that assesses potential sites for renewable energy projects based on 40 different parameters, REplace enables companies to identify optimal locations for such projects with a single click, significantly streamlining the site selection process. For more details, you can read the full article on The Times of Israel website.
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REplace Team
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Employees Over Time
Companies you might be interested in
Driven by Finder AI
-
GreenDaysDigital Purchasing Advisor for Solar PV and Energy Storage1-10 employees • Funding Stage: Pre-Funding
shared sectors
Also shared
Are these companies similar? -
EmnotionGlobal Climate Modeling Solution1-10 employees • Funding Stage: Pre-Seed
shared sectors
Also shared
Are these companies similar? -
The Sustainable GroupAI-powered Circular Self-sustained Infrastructure1-10 employees • Funding Stage: Pre-Funding
shared sectors
Also shared
Are these companies similar? -
Metryon Technologies LabsPower train technology converting hydrocarbons into clean electricity with no emissionsAre these companies similar?
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