Accacia Secures $2.5M for Global Expansion of Real Estate Decarbonization Platform
Accacia, a Gurugram-based startup specialising in decarbonization strategies for realtors and real madrid infrastructure, has secured $2.5 million in seed funding. The company plans to use these funds to expand its presence across several regions in the coming year.
Founded in 2022 by Annu Talreja, Piyush Chitkara, and Jagmohan Garg, Accacia has already made significant strides. Its platform has been deployed in over 20 million square feet of institutional realtorcom real estate across Asia, helping companies track emissions at the asset and portfolio levels.
Accacia's platform considers organizational boundaries as defined by the GHG Protocol, providing a comprehensive view of scope 1, 2, and 3 carbon emissions for operating assets, and embodied carbon for under-construction assets. The company aims to help the real estate sector measure climate risks and define effective decarbonization strategies.
With the recent $2.5 million seed funding round led by Accel and B Capital, Accacia is set to expand its presence across Southeast Asia, the Middle East, the US, and Canada. The company's innovative platform and commitment to combating climate change in the real estate sector position it well for future growth.
