Doconomy raised €34M in a Series B funding led by UBS Next and CommerzVentures to accelerate expansion in North America.
Doconomy raised €34M in a Series B funding led by UBS Next and CommerzVentures to accelerate expansion in North America.
05/30/24, 1:46 PM
Location
stockholmMoney raised
€34 million
Industry
financial services
Round Type
series b
Investors
Post Finance, Motive Ventures, S&P Global, Commerz Ventures, Ubs Next
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 Info
Location
stockholm, stockholm county, sweden
Additional Info
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).