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Accacia Bags $6.5 Mn To Offer Decarbonisation Solutions To Realty Firms

Inc42 · 1y

Real estate-focused cleantech startup Accacia has raised $6.5 million in a Pre-Series A funding round led by Illuminate Financial. The company offers an AI-enabled SaaS platform that helps real estate asset managers, owners, and developers track their emissions and design their net-zero journey. Accacia's platform integrates with existing property management, energy management, and procurement systems to automate real-time data capturing and tracking. The funding round comes at a crucial time as regulatory bodies are emphasizing the need for comprehensive and real-time climate risk data. Accacia plans to leverage this opportunity and scale globally.