Scalable Capital is valued in excess of $460m following a round that lifted the digital wealth manager's total funding to about $130m.

Scalable Capital, a Germany-based digital investment manager co-founded by Ludwig Maximilian University of Munich (LMU Munich), received €50m ($58m) yesterday in a series D round, EU-Startups reported.
The round included all existing backers – backed by Tengelmann Ventures, a corporate venturing vehicle for retailer Tengelmann, as well as HV Holtzbrinck Ventures, Blackrock, Monk’s Hill Ventures, German Startups Group, MPGI, Reiner Mauch, Rahul Mehta and Steffen Pauls – and an unnamed new investor. It was valued at $463m post-money, chief…

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Thierry Heles

Thierry Heles is the editor of Global University Venturing, host of the Beyond the Breakthrough interview podcast and responsible for the monthly GUV Gazette (sign up here for free).
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