Jerusalem, 30 May, 2025 (TPS-IL) — REplace, a Tel Aviv-based AI-driven platform for renewable energy and data center site selection, has raised $2.1 million to scale operations in the U.S. and expand its technology. The funding round, led by Gravity Climate, brings the startup’s total raised to $2.175 million. REplace uses proprietary algorithms to cut project siting timelines from months to seconds, enabling faster, smarter clean energy development.
Backers include Techstars, Malbec Ventures, and Adam/a. Industry leaders like Iberdrola and EDF Renewables already use REplace to evaluate land and acquisition opportunities, aiming to reduce delays and costs in a sector where 80% of projects fail before launch.