Company Overview
Snapshot
Founded in January 2022 by Michal Wimmer Luria and Yaki Timor, Rplace operates with 1–10 employees. The company has raised $4,000 across one funding round. In February 2022, Rplace secured a grant from Doral Energy-Tech Ventures and Bank Hapoalim (IsraCard).
Business overview
Rplace develops a platform for monitoring, reporting, and verification (MRV) of constructed wetlands performance and impact. This platform collects, analyzes, and processes data from constructed wetlands to facilitate carbon certification, water standard regulation, and inform future developments. By connecting constructed wetlands projects to the carbon credit market, Rplace aims to ensure their long-term financial viability and incentivize their establishment, proving their effectiveness as a nature-based wastewater technology. The company operates within the Industrial Technologies sector, focusing on water systems, water treatment, and climate tech.
Strategic signal
Rplace's platform addresses a critical environmental challenge by enabling the financial viability of constructed wetlands through carbon credit market integration. This approach not only provides an environmentally friendly alternative to conventional wastewater treatment, which contributes significantly to greenhouse gas emissions, but also positions the company at the forefront of nature-based solutions for climate, water, and biodiversity crises. The company estimates its platform will contribute to 100 million CO2e tons avoided and removed by 2030, signaling a strong commitment to measurable environmental impact and a scalable business model within the climate tech space.
Company Intelligence Q&A
- When was Rplace founded and by whom?
- Rplace was founded in January 2022 by co-founders Michal Wimmer Luria and Yaki Timor.
- What is Rplace's primary focus?
- Rplace focuses on providing monitoring, reporting, and verification (MRV) solutions for natural wastewater treatment, specifically constructed wetlands, to connect them to the carbon credit market.
- What is the total capital raised by Rplace?
- Rplace has raised a total of $4,000 across one funding round.
- Which investors participated in Rplace's grant funding?
- In February 2022, Rplace secured a grant from Doral Energy-Tech Ventures and Bank Hapoalim (IsraCard).
- What is the environmental impact Rplace aims to achieve?
- Rplace estimates that its platform will contribute to 100 million CO2e tons avoided and removed by 2030, by promoting constructed wetlands as an alternative to conventional wastewater treatment.