Doconomy raised €34M in a Series B funding led by UBS Next and CommerzVentures to accelerate expansion in North America.

May 30, 2024•about 1 year ago

Amount Raised

€34 Million

Round Type

series b

StockholmFinancial Services

Investors

Post FinanceMotive VenturesS&P GlobalCommerz VenturesUbs Next

Description

Doconomy, the impact fintech company, raised €34M in Series B funding. The round was led by UBS Next and CommerzVentures with participation from S&P Global, Motive Ventures, and PostFinance. The company intends to use the funds to accelerate its expansion in North America and enhance its product suite.

Company Information

Company

Doconomy

Location

Stockholm, Stockholm County, Sweden

About

Doconomy is a Stockholm, Sweden-based impact fintech company founded in 2018 by Mathias Wikström and Johan Pihl. The company provides applied impact solutions to empower individuals and corporations to assume responsibility for their environmental footprint, fostering a sustainable lifestyle for all. It serves over 100 clients in 35 different markets and has established key partnerships with organizations such as the United Nations Framework Convention on Climate Change (UNFCCC), Mastercard, S&P Trucost, and World Wildlife Fund (WWF).

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