Say hi to Accacia! This Singapore and India-based startup makes it simple for real estate owners, asset managers, operators, and developers to track their emissions and design their decarbonization journeys.

And they've just raised $6.5M in Pre-Series A funding!

• Founded in 2022, their solution has already been used on 25M square feet of real estate.

Investor check. Illuminate Financial led the round. Accel Partners, AC Ventures, B Capital, and an unnamed VC firm joined in.

• They last raised a $2.5M seed in late 2022.

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🏢 The problem

While the real estate industry is a major contributor of emissions, it’s extremely tough to decarbonize because of its complexity.

I mean, how do you measure and decarbonize construction projects or the many commercial buildings you operate daily?

• Real estate and construction activity contribute an estimated 40% of global Greenhouse Gas emissions.
• Operating commercial buildings contributes to 26% of global energy-related emissions.

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⚡️ The solution

Until Accacia. They’re an AI-enabled SaaS decarbonization platform that designed for the real estate industry.

• It integrates with your existing property management, energy management, and procurement systems at the building and group level.
• Then, it automatically captures and tracks real-time data.

Track, assess, and reduce emissions. Measure the different types of emissions based on your asset operations.

• Compare and contrast design options to optimize building designs and materials for reduced carbon footprint.
• Calculate financed emissions for your investment portfolio and understand climate risks by asset class, geography, or investment strategy.

Design decarbonization journeys. Set your net-zero targets, then plan and track your decarbonization journey.

• Their AI-enabled recommendation engine suggests decarbonisation strategies at the asset and portfolio levels.
• Understand estimated costs and the complexity of projects.
• Buy offsets or connect with vendors for decarbonization projects on their platform.