Total raised
$3.9M
Last: Seed 2023-03
Stage
Seed
Founded
2017
Headcount
16
HQ
Netanya
Sector
Energy Tech
About
Xfloat is working to improve the efficiency and cost-effectiveness of floating solar projects with a water management system that controls solar panel tilting and tracking through water loads and pumps. This system combines sensor data with machine learning for enhanced photovoltaic performance and maintenance planning. A key feature is its buoyancy tanks, which adjust PV panel rotation without the need for motors or hydraulics, utilizing a hydrostatic positioning mechanism. This approach aims to generate electricity for various users, including industrial plants and private consumers, effectively utilizing solar energy on water surfaces.
Funding history · 2 rounds · $3.9M total
2023-03
Seed
Undisclosed
2022-03
Seed
$2.9M
Sectors & technology
Primary sector
Energy Tech
Sub-sectors
Climate TechEnergy TransitionClean Energy GenerationSustainable Water SolutionsWater for Industry & Residential UsesEnergy TechEnergy Production & Sources
Technologies
SensingArtificial IntelligenceMachine Learning
Target customers
Energy, Utilities & Waste ManagementRenewable Energy SystemsSolarIndustrial ManufacturingManufacturing Facilities
Business model
B2B
Highlights
Verified
Tags
sustainable-water-systemspanel-performanceclimate-techrenewable-energysolar-energyphotovoltaicsscadamachine-learningcontrol-systemsartificial-intelligence