REplace raises $2.1M to accelerate clean energy projects with AI-powered site intelligence

REplace, a startup using AI to streamline how renewable energy and data center projects get off the ground, has raised $2.1 million in funding. The platform helps developers and investors find optimal sites in seconds—a process that normally takes months—by crunching through more than 50 factors like landowner data, grid proximity, permitting hurdles, and market conditions.

The company’s latest round brings its total funding to $2.175 million, with backing from Gravity Climate, Techstars, Malbec Ventures, Adam/a, and several strategic angels in solar and data infrastructure.

The pitch is simple: Clean energy deployment is being slowed down by outdated, manual site selection. Even with record investment—$2.1 trillion globally last year in low-carbon energy—around 80% of U.S. projects don’t make it past planning. REplace wants to flip that script.

Clean Energy Startup REplace Raises $2.1M to Cut Siting Delays with AI

Founded in 2023 by Matias Sigal (CEO) and Alan Algamis (CTO), REplace is one of a new wave of climate tech startups bringing automation and intelligence to an industry still stuck in spreadsheets and backlogs. If it succeeds, it could become a key player in helping the clean energy transition move from stalled to scaled.

“We’re compressing timelines from months into seconds,” said Alan Algamis, Co-Founder and CTO. “By applying advanced AI to site selection, permitting, and project M&A, we’re giving teams what they need to move faster and make smarter calls.”

REplace isn’t just helping with greenfield projects. It also lets acquisition teams vet secondary-market opportunities—an area where speed and clarity can make or break a deal.

The tech is already in use by heavyweights like Iberdrola (through Kyoto), EDF Renewables, Doral Energy, Elawan, and Bithenergy. These teams are using REplace to get ahead in a market that’s racing to build more infrastructure as AI and data demand surge.

Matias Sigal, Co-Founder and CEO, believes the company is building something foundational. “REplace is setting a new standard for how renewable energy and data center projects are developed and planned,” he said. “This investment fuels our vision to become the definitive platform for renewable energy development and acquisition.”

The funding round was led by Gravity Climate, whose partners include Dr. Bracha Halaf, former Chief Scientist at Israel’s Ministry of Energy, and Zafrir Yoeli, Co-Founder of Enlight, a $2 billion publicly traded renewable energy company.

“What REplace is doing is revolutionary for the renewable energy industry,” said Yoeli. “Their technology doesn’t just help projects move faster—it empowers smarter, lower-risk development at scale.”

With the new funding, REplace plans to grow its engineering team, scale across the U.S., and expand its AI features to cover more of the development and acquisition process. As demand for energy-intensive infrastructure rises, the company sees itself as the go-to platform for connecting land and clean power, at the speed the market needs.