Aclima Strengthens Leadership Team Amidst $27M California Partnership
Company - People | May 14, 2025 | Womens Growth Capital Fund
Aclima, Inc., a leader in hyperlocal air pollution measurement, has expanded its executive team to drive the commercial adoption of its air monitoring technology. Following a $40 million Series B funding round and $13 million in contract financing from Leonid Capital Partners, Aclima is poised to enhance its commercial capabilities further. The funding supports a significant $27 million partnership with the California Air Resources Board (CARB) that aims to deploy Aclima’s environmental intelligence and monitoring technologies across California. In addition to bolstering its leadership team with experienced professionals, Aclima is leveraging these resources to enhance its products and expand its global footprint. The company aims to address pressing environmental issues by transforming air quality data into actionable insights, allowing stakeholders across sectors to make informed decisions. Industry experts and impact fund principals have joined Aclima's board to guide strategic growth. The new appointments bring expertise in finance, engineering, product management, HR, and business development, aligning with Aclima's mission to democratize clean air access and combat climate change.
Sectors
- Environmental Technology
- Venture Capital
Geography
- United States – Aclima's primary operations discussed are based in the U.S., particularly in California.
- Global – Aclima's technology and initiatives have been deployed in cities across 14 countries, showcasing international operations.
Industry
- Environmental Technology – Focused on developing solutions for measuring and managing air quality and climate data.
- Venture Capital – Significant investment and funding news, indicating the involvement of venture capital firms supporting Aclima's growth.
Financials
- $40 million – Series B funding extension for Aclima.
- $13 million – Contract financing from Leonid Capital Partners.
- $27 million – Value of the contract with the California Air Resources Board.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Aclima, Inc. | Target Company | Company | A company pioneering hyperlocal air pollution and greenhouse gas measurement. |
| Womens Growth Capital Fund | PE Firm | Company | A private equity firm backing Aclima's expansion plans. |
| Leonid Capital Partners | Financial Backer | Company | Provided $13 million in contract financing for Aclima's expansion. |
| California Air Resources Board (CARB) | Partner | Government | Partnered with Aclima for a $27 million statewide air monitoring initiative. |
| Davida Herzl | CEO | Person | Founder and CEO of Aclima, leading its strategic direction. |
| Jennifer Chan | Chief Financial Officer | Person | Newly appointed CFO with extensive finance experience in scaling startups. |
| Trupti Devdas Nayak | VP Engineering | Person | VP Engineering responsible for advancing Aclima's software platform. |
| Nickelle Presley | VP of Product | Person | Oversees product strategy and development at Aclima. |
| Kimi Flaxman | Head of People | Person | Leads HR and people strategy at Aclima. |
| Ryan Kushner | VP of Business Development | Person | Responsible for identifying new market opportunities for Aclima. |