REplace Raises $2.1M to Advance AI-Powered Site Selection for Energy and Data Projects

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Here’s a summary of the relevant information extracted from the provided text:

Funds

  1. Gravity Climate
  2. Adam/a
    • Backed by Crescendo Partners
  3. Techstars (follow-on)
  4. Malbec Ventures
  5. Strategic angels from the solar and data center sectors

Investors

  • Gravity Climate
    • Zafrir Yoeli (Managing Partner)
    • Dr. Bracha Halaf (Former Chief Scientist, Israel’s Ministry of Energy)
  • Crescendo Partners
  • Techstars
  • Malbec Ventures
  • Various strategic angels

Startup

  • Name: REplace
  • Founded: 2023

Founders

  1. Matias Sigal – Co-Founder and CEO
  2. Alan Algamis – Co-Founder and CTO

Fundraise Series

  • Latest Round: $1.6 million in a funding round
  • Total Funding: $2.175 million

Date

  • Announcement Date: May 29, 2025

This encapsulation covers all the key details regarding funding, investors, the startup information, founders, and the fundraising series.

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2025-05-29 15:24:44