Xfloat

AI-powered Floating Photovoltaic Systems

Energy Tech
Active
Seed Netanya, Israel Founded 2017
Website ↗ LinkedIn
Last updated 2026-06-18
Total raised
$3.9M
Last: Grant 2023-05
Stage
Seed
Founded
2017
Headcount
16
HQ
Netanya, Israel
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 · 3 rounds · $3.9M total

2022-03
Seed $2.9M
★ Or Elovitch
2023-03
Seed Undisclosed
E44 VenturesMiya
2023-05
Grant $1.0M
★ BIRD Foundation

Q&A

What is Xfloat's primary business?
Xfloat develops AI-powered Floating Photovoltaic Systems, focusing on improving the efficiency and cost-effectiveness of floating solar projects through a water management system that controls solar panel tilting and tracking.
When was Xfloat founded?
Xfloat was founded in December 2017.
How much funding has Xfloat raised to date?
Xfloat has raised a total of $3,930,000 USD across multiple funding rounds.
When did Xfloat receive its most recent funding?
In May 2023, Xfloat received a Grant round of $1,000,000 USD from BIRD Foundation.
Which investors participated in Xfloat's Seed round in March 2023?
E44 Ventures and Miya participated in Xfloat's Seed round in March 2023.
Who are the co-founders of Xfloat?
The co-founders of Xfloat are Ran Alcalay, who serves as CEO, and Avi Alcalay, who serves as CTO.
What technologies does Xfloat utilize in its solutions?
Xfloat utilizes Sensing, Artificial Intelligence, and Machine Learning in its solutions.

Team · 6

Ran Alcalay
Founder · Co-founder & CEO
LinkedIn ↗
Avi Alcalay
Founder · Co-founder & CTO
LinkedIn ↗
Sara Kallus
Marcom

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
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