alteco.ai Ltd.

www.alteco.ai

High-Tech Company

Ceased to Operate Q1/2023

Graduated from: Fresh Start Foodtech

TECH VERTICALS

Analytics, Artificial Intelligence, Big Data, Climate Tech, Energy Efficiency, Energy Tech, Industry 4.0, Insurtech, Machine Learning

General Data

Sector	Energy
Company Stage:	R&D
Established	2020
Number of Employees	8
Reg. Number:	abCDe

DESCRIPTION

alteco.ai technology provides industrial facilities full visibility of energy consumers from one point of metering only, without the need of installing any additional hardware, and leads to reduction of energy consumption & carbon footprint.

alteco.ai mission is to reduce industrial carbon footprint, through an accessible, cost effective and simple to operate energy management solution.

A multi-site management of energy consumption and patterns analysis via non-intrusive metering of Smart Meters Data and unique BI. The company provides production facilities full visibility of energy consumers from a single point of metering only, without the need of installing any additional hardware. Starting with the food & beverage industry, the company’s accessible cost-effective system leads to the reduction of energy consumption & carbon footprint. Responsive dashboards provide full visibility of electricity, steam, and water consumption, as basis for optimization and reduction of expenses, reflection of carbon footprint per-product, and applicable for predictive maintenance.

TECHNOLOGY

	TARGET MARKETS
	Industry

	BUSINESS MODEL
	B2B

CONTACT INFO

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Main Address: Kiryat Shmona, Israel

Address	C/O Fresh Start Foodtech, 3 Ha’hatzav St.
City	Kiryat Shmona
Country	Israel
Zip	1163200

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

	MANAGEMENT

Key Executive

Name	Title
Mr. Alon Mashkovich	Co-Founder
Mr. Roy Fadida	Co-Founder
Mr. Dekel Yaacov	Co-Founder

	FINANCIAL ROUNDS

Total Capital Raised
abCDe

Financial Rounds

Numbers of Investors

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Round

Date

Stage

Amount

Valuation

Seed - Extended

Nov. 01, 2021

Seed

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Government Agency	abCDe	R&D Grant
abC Defghij	Incubator	abCDe

Seed

Jan. 01, 2020

Seed

abCDe

	Non-Equity Assistance

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Date

Stage

Remarks

Non-Equity Assistance

Oct. 11, 2021

Seed

Contributor	Type	Amount	Remarks
abC Defghij	Impact Accelerator	abCDe

Non-Equity Assistance

Sep. 01, 2020

Seed

Contributor	Type	Amount	Remarks
abC Defghij	Academic Accelerator	abCDe

Last Updated:	abCDe
IVC Number:	abCDe