Tengelmann Ventures was among the participants in a $27.5m round that increased the digital wealth manager's overall funding to more than $73m.

Germany and UK-based digital investment manager Scalable Capital has secured €25m ($27.5m) in a series C round that included Tengelmann Ventures, a corporate venturing vehicle for retailer Tengelmann. Venture capital firm HV Holtzbrinck Ventures and investment management firm BlackRock also took part in the round, which increased the company’s total funding to more than $73m.…

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