Alteco AI

Energy Optimization Predictive Tools

Energy Tech
Non Active, Mar 2023 ceased to operate
Seed Netanya, Israel Founded 2020
LinkedIn
Last updated 2026-06-18
Total raised
$1.0M
Last: 2021-11
Stage
Seed
Founded
2020
Headcount
4
HQ
Netanya, Israel
Sector
Energy Tech

About

Alteco's cloud-based platform utilizes artificial intelligence algorithms to perform device disaggregation in order to detect anomalies in consumption/production and generate insights and alerts for energy efficiency and cost savings, predictive maintenance, and forecasting. The company's mission is to reduce energy consumption and gas emissions.

Funding history · 1 round · $1.0M total

2021-11

Q&A

What is the current operational status of Alteco AI?
Alteco AI is currently inactive, having ceased operations in March 2023.
When was Alteco AI founded?
Alteco AI was founded in January 2020.
What is Alteco AI's primary sector?
Alteco AI's primary sector is Energy Tech.
What is Alteco AI's one-liner description?
Alteco AI provides Energy Optimization Predictive Tools.
What was the total amount raised by Alteco AI?
Alteco AI raised a total of $1,000,000.
When was Alteco AI's last funding round and who were the investors?
Alteco AI's last funding round was in November 2021, with investors Fresh Start and OurCrowd.
What technologies did Alteco AI utilize in its platform?
Alteco AI utilized Artificial Intelligence, Machine Learning, Data Storage, and Cloud technologies.

Team · 3

Founder · Co-founder
LinkedIn ↗
Founder · Co-founder & COO
LinkedIn ↗
Dekel Yaacov
Founder · Co-founder & CTO

Sectors & technology

Primary sector
Energy Tech
Sub-sectors
Climate TechClean Industry Tech Eco-Efficient ManufacturingEnergy TransitionEco-Efficient Energy UsageEnergy TechEnergy Consumption & EfficiencyIndustrial TechnologiesOperational Optimization Solutions
Technologies
Artificial IntelligenceMachine LearningData StorageCloud
Target customers
Industrial ManufacturingHybrid IndustriesFood & BeveragesDiscrete IndustriesAutomotiveSemiconductors & ElectronicsAerospaceProcess IndustriesGlassPlasticsRubberWoodCoatingsMetal FabricationChemicals & PetrochemicalsCementManufacturing FacilitiesEnergy, Utilities & Waste ManagementUtilitiesElectricityReal Estate & ConstructionManagementCommercialGovernment & CityMunicipalities
Business model
B2BB2G

Highlights

Verified

Tags

clean-manufacturingcommercial-sitesresidential-sitesdata-centersclimate-techindustry-4-0artificial-intelligencerenewable-energyenergy-savingpredictive-maintenancecloud-basedenergybig-data-analyticsmachine-learningenterprisesenergytechenergy-efficiencyiotenergy-usagesaasmanufacturing-facilities
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)

External links

LinkedInlinkedin.com/company/69507541

Identifiers & details

Founded2020-1
Employees (exact)4
Status reasonNon Active, Mar 2023 ceased to operate