Adaptis - Seed round, $4M
When most folks hear “buildings,” they think bricks, beams, maybe a nice view. Sheida Shahi and Aida Mollaei? They seesee carbon math, embedded waste streams, and a trillion-dollar problem dressed up as an opportunity. Welcome to the age of circular engineering and Adaptis, fresh with a $4M seed round, is making sure this thing actually circles back to profit.
Founded in 2022, spun out of the University of Waterloo and pressure-tested in the Velocity incubator, Adaptis isn’t your average clean-tech darling. This isn’t a SaaS veneer on outdated ideas. It's a full-stack, AI-powered force that makes traditional consulting look like dial-up. Their software turns building portfolios into living, breathing carbon strategies, 20 times faster and 10 times cheaper than the old guard.
While most of the real estate industry is still figuring out how to spell “embodied emissions,” Adaptis is operating in 350+ buildings, helping clients slash operational carbon by up to 50% and shave 20% off their CapEx. Their systems have already diverted over 6,000 tons of construction waste and dodged 108,000+ tons of tCO2e. And that’s just the warm-up.
The $4M seed, led by climate-forward powerhouse Building Ventures and joined by MetaProp, 2048 Ventures, Powerhouse Ventures, and Blue Vision Capital , puts Adaptis at the forefront of the decarbonization race. It adds to their $2M pre-seed, bringing their total raise to $6M. That's not a flashy number for headlines. It's a strategic one, for scaling into Class B/C assets, expanding across North and South America, and doubling down on AI model enhancements that align with global climate regs like NYC’s Local Law 97.
What makes this story really sing? The founders. Sheida Shahi, a PhD in Circular Engineering, just dropped a Clean50 award. Aida Mollaei, a systems wizard with a MES in Automation, landed on Forbes 30 Under 30 for making cleantech actually, you know, work. These two aren’t just talking carbon, they’re redesigning the system from the inside out.
In an industry known for inertia and greenwashing, Adaptis is giving real estate the dose of reality it didn’t know it needed. They’re not building castles in the sky. They’re turning aging concrete into future proof capital, one emission at a time.
If you're a building owner, architect, engineer, or asset manager wondering how to play offense in a carbon-regulated world, Adaptis isn’t just a tool, it’s your insurance policy with an ROI.