The rising demand for açaí berries in Amazonian Brazil and French Guiana generates a significant amount of waste, namely the fruit’s stone, which accounts for 80% of the dry fruit’s mass. Recently, various studies have explored the potential valorization of açaí waste in the civil engineering sector, including the functionalization of the fibers surrounding the stone and the multiphysics testing of composite materials based on açaí fibers and/or stones, treated or untreated. This literature review aims to provide an overview of the technology readiness levels (TRLs) of the existing techniques capable of reducing the environmental impact of both the cultivation and management of naturally occurring açaí. While the research to date is promising, it remains at the prototype stage, and the mass ratio of waste in composites, regardless of their type, limits addressing the underlying ecological problem of açaí waste processing. Further experimental investigations are required to improve the functionalization processes, enabling the use of higher proportions of fibers and/or stones in cementitious composites and their large-scale production.