Stockholm, 17 January 2022:
Doconomy, a leading player In climate technology that helps banks, brands and consumers to measure, understand and reduce their environmental impact, has raised $19m of equity capital to accelerate its goal to help one billion people each cut one tonne of carbon emissions per year.
The funding round was led by CommerzVentures, with additional support from two new investors, Ingka Investments – part of largest IKEA retailer Ingka Group – and Citi Ventures, Citigroup’s venture capital team. Existing investors, Mastercard and Ålandsbanken also participated. The new investors have global reach and expertise in banking and consumer goods, with the potential to create significant shifts in consumer behaviour. For example Ingka Group operates IKEA retail in 32 markets with hundreds of millions of customers.