Wednesday, June 9, 2021

Scalable Capital, a Germany-based neo-broker and wealth management service, raises $180M Series E led by Tencent at a $1.4B valuation (Isabel Woodford/Sifted)

Isabel Woodford / Sifted:
Scalable Capital, a Germany-based neo-broker and wealth management service, raises $180M Series E led by Tencent at a $1.4B valuation  —  The round is led by Tencent, continuing a trend of Chinese funds investing in European fintech.  —  Scalable Capital fundraise gives Germany its sixth fintech unicorn



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PitchBook: US startups raised $209B in 2024, up ~33% from 2023; AI startups raised $97B, the largest portion on record; VCs raised $76.1B, the lowest since 2019 (Sarah McBride/Bloomberg)

Sarah McBride / Bloomberg : PitchBook: US startups raised $209B in 2024, up ~33% from 2023; AI startups raised $97B, the largest portion ...