UAE-based climatetech Planno has secured a strategic investment from Incubayt Investments, the sustainability-focused venture firm founded by Sami Khoreibi, to accelerate its international expansion and strengthen its geospatial AI platform for the solar industry.
Founded in 2023 by Daniel Domingues, Planno develops a geospatial AI platform that combines satellite imagery and local market data to help solar developers, EPC firms, and public agencies identify high-potential commercial and industrial rooftops for solar installations.
Following Incubayt's investment, Planno has expanded from the GCC into 16 markets across the Middle East, Europe, Africa, and the United States, serving customers ranging from regional solar developers to global energy companies.
Press release:
Planno, the Dubai-headquartered Geospatial AI (GeoAI) platform for solar developers, today announced a strategic investment from Incubayt Investments, the sustainability-focused venture firm founded by Sami Khoreibi, who built the Arab world's first utility-scale solar developer and exited it to a UK pension fund. The investment is Incubayt's first in geospatial AI for solar, and it carried Planno from Dubai into 16 markets.
