Dubai Climatetech Startup Planno Secures Strategic Investment

Dubai-headquartered climatetech startup Planno has secured a strategic investment from Incubayt Investments to accelerate its international expansion and further develop its geospatial AI platform for the solar industry.

Founded in 2023, Planno combines satellite imagery with local market data to help solar developers, EPC firms and public agencies identify commercial and industrial rooftops with strong potential for solar installations. Since receiving Incubayt's backing, the company has expanded into 16 markets across the Middle East, Europe, Africa and the United States, serving customers ranging from regional solar developers to global energy operators.

According to Planno, demand for rooftop solar continues to grow as electricity consumption rises and businesses seek greater control over energy costs. The company's analysis of commercial and industrial rooftops across Dubai found that while the number of solar-equipped rooftops grew by 39% between late 2023 and the first quarter of 2025, only 5.6% currently host solar installations, leaving an estimated 4 GW of untapped capacity.

Incubayt Investments described the deal as its first investment in geospatial AI for the solar sector. Planno said it plans to continue expanding its platform into new markets while providing solar developers with data to identify high-potential projects more efficiently.