Accacia

Accacia is a real estate and infrastructure-focused startup founded in 2022 with the slogan "AI-enabled platform to help real estate and infrastructure companies meet their net-zero goals." The platform addresses the critical issue of environmental sustainability, aiming to assist companies in tackling the #climatechange problem. The company recently secured a significant INR540.00M Seed Round investment on 22 April 2024 from prominent investors including Accel, B Capital Group, Illuminate Financial, and AC Ventures. Accacia.ai offers a comprehensive solution for measuring and managing carbon emissions in the real estate and infrastructure sectors. It automates the measurement of both scope 1, 2, and 3 carbon emissions for operating assets and embodied carbon for under-construction assets. The platform is designed to provide accurate allocation of emissions for different stakeholders, considering organizational boundaries as defined by the GHG Protocol. Additionally, it enables asset managers to track environment-related climate risks for their portfolios, offering a crucial tool for risk management in the long term. The platform provides various features such as tracking and reporting carbon emission levels in compliance with the GHG framework, platform-integrated reporting, planning mid-to-long term carbon offsetting, and enabling carbon credit verification and trading. Moreover, it offers the option to invest in carbon offset projects, IoT devices, and capex projects for sustainable emission reduction. Accacia.ai also supports real estate and infrastructure asset managers in understanding the #climaterisk for their portfolio and devising appropriate mitigation strategies. In conclusion, Accacia.ai presents a compelling solution to address the significant environmental challenges within the real estate and infrastructure sectors and has fortuitously secured substantial backing from acclaimed investors. The platform's unique capabilities in carbon management and climate risk assessment position it as an innovative and valuable player in the industry.