Donkey Republic adds $4.6M in capital investment.

Denmark Investments 22 February 2019
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Donkey Republic, a Copenhagen, Denmark-based company providing an electronic lock and an automated, self-service bike-sharing system, secured DKK 30M ($4.6M) in capital investment.

The money was provided by a series of local investors including Vækstfonden, Howzat Partners and Nordic Eye and will be used for international expansion of the company's operations.

Donkey Republic was founded in 2014 and is led by CEO Erdem Ovacik.