Mumbai-based startup Accacia, an AI-driven climate tech company, has raised $2.5 million in a seed funding round led by Chiratae Ventures and Pi Ventures, with participation from prominent angel investors. The funds will fuel Accacia’s mission to revolutionize the real estate and infrastructure sectors by offering sustainable, data-driven solutions.
Pioneering AI in real estate sustainability
Accacia provides an AI-powered platform to help real estate and infrastructure developers monitor and reduce their carbon footprint. By integrating advanced analytics and sustainability-focused insights, the platform aids businesses in achieving their Environmental, Social, and Governance (ESG) targets, a critical factor in today’s corporate landscape.
Founder and CEO Priya Shah expressed optimism about the funding, stating, “This investment will help us scale our technology and expand our global presence, empowering organizations to transition toward a greener future.”
Funding to accelerate innovation and growth
The seed funding will be allocated to expanding Accacia’s technological capabilities, hiring skilled talent, and enhancing customer engagement. The company plans to focus on markets in India, Southeast Asia, and the Middle East, which are experiencing rapid urbanization and require innovative solutions to manage environmental challenges.
Accacia’s platform has already garnered interest from major real estate players seeking to align their operations with global sustainability standards.
Bridging real estate and climate goals
As the global real estate sector contributes significantly to carbon emissions, platforms like Accacia play a crucial role in mitigating environmental impact. The company’s AI algorithms analyze energy consumption, resource utilization, and operational inefficiencies, providing actionable recommendations for improving sustainability.
“Accacia is uniquely positioned to address one of the most pressing challenges of our time—climate change. By focusing on real estate and infrastructure, their solutions have a transformative potential,” said a representative from Chiratae Ventures.
A leap forward for India’s startup ecosystem
This funding round highlights India’s growing dominance in climate tech innovation, reinforcing the country’s role as a hub for impactful startups. With Accacia’s advancements, India is poised to lead the charge in sustainable urban development and infrastructure management.
