£39K Secured for AI-Powered Sustainability Metrics Modelling for Real Estate Developments
Funds Secured
Axtera Innovations Ltd, in collaboration with K2 Consultancy Ltd, has secured £39,759 in grant funding from Innovate UK to develop an AI-powered platform designed to model sustainability metrics in real estate developments.
Introduction to Axtera Innovations
Axtera Innovations is a tech startup focused on evaluating the socio-economic, environmental, and commercial impacts of real estate developments through AI-driven decision-making.
Challenge
Real estate developers face growing pressure to meet sustainability targets while managing a wide range of complex metrics. Current tools focus on individual aspects of sustainability without providing a holistic, data-driven view of how these metrics interrelate.
Solution
Axtera Innovations' new AI-powered system will provide a unified platform for assessing the interdependencies between sustainability metrics, offering insights into how different sustainability investments affect a project’s overall performance. By capturing data from various sustainability standards, the platform enables real estate developers to make better-informed decisions, improving ROI while meeting regulatory requirements.
Opportunity
Axtera’s AI-driven platform fills a critical gap in the real estate sector, offering a comprehensive tool that integrates data from multiple sustainability standards. This allows developers to model how investments will impact the broader socio-economic and environmental landscape, helping them meet regulatory obligations while maximising sustainability benefits.
Why They Chose GrantUp
Axtera chose Grant Up for their unparalleled expertise in securing technology grants and their proven track record in understanding the unique needs of innovative projects. Their support is instrumental in navigating the multifaceted landscape of grant applications and securing the necessary funding to bring this project to fruition.
Results
With Innovate UK’s support, Axtera Innovations will deliver a prototype platform capable of modelling the complex interdependencies between sustainability metrics, helping developers reduce costs, improve sustainability outcomes, and attract more environmentally conscious investors and tenants.