Scalable Capital raises Series D financing round of EUR 50 million

Munich — The law firm Gütt Olk Feld­haus has advi­sed Scalable Capi­tal GmbH on its largest finan­cing round to date. Fresh capi­tal of €50 million was raised as part of the Series D finan­cing round. This brings the total finan­cing volume since Scalable Capi­tal was foun­ded to 116 million euros.

Scalable Capi­tal is the largest digi­tal asset mana­ger in Europe with over two billion euros in assets under manage­ment. In June 2020, Scalable Capi­tal also laun­ched a neo-broker, a digi­tal plat­form where custo­mers can trade stocks, ETFs and funds. The funds now raised will be used to expand Scalable Capital’s leading posi­tion as a digi­tal asset mana­ger and to further acce­le­rate growth in the brokerage and B2B business.

In addi­tion to a new inves­tor, exis­ting inves­tors Black­Rock, HV Holtz­brinck Ventures and Tengel­mann Venturesalso parti­ci­pa­ted in the finan­cing round.

Legal advi­sors to Scalable Capi­tal GmbH: Gütt Olk Feld­haus, Munich
Adrian von Prit­t­witz, Photo (Part­ner, Corporate/M&A, Lead), Thomas Becker (Of Coun­sel, IP/IT/Data Protec­tion), Isabelle Vran­cken (Senior Asso­ciate), Ricarda Theis (Asso­ciate, both Corpo­rate M&A)

MOOG: Marc Sälzer (Tax Law)
Inhouse: Dr. Alexis Dará­nyi (Chief Legal Offi­cer), Florian von Kampen (Senior Legal Counsel)