Accacia, founded in 2022, stands at the forefront of AI-driven solutions for the real estate and infrastructure sectors. Located in India, the company is tackling one of the most urgent global challenges—reducing CO2 emissions, which account for approximately 44% from these sectors. Leveraging its AI-enabled platform, Accacia assists stakeholders such as developers, asset managers, and governments in achieving their net-zero goals.
Accacia's platform is tailored to automate the measurement of scope 1, 2, and 3 emissions as well as embodied carbon for under-construction assets. This innovative approach aligns with the GHG Protocol, ensuring accurate emission allocation among stakeholders, while facilitating compliance with frameworks like TCFD and GRESB.
In its recent Seed Round on 22 April 2024, Accacia secured an investment of INR540.00M from prominent investors including B Capital Group, Illuminate Financial, and AC Ventures. This capital inflow positions Accacia to advance its mission and support long-term carbon offsetting strategies.