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,…

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