M&A Finance
K&L Gates
Full Credential Description
K&L Gates LLP advised Balderton Capital, a multistage European venture capital fund, as the lead investor in the Series E+ financing of Scalable Capital, a Berlin-based digital investment platform. Scalable Capital raised EUR 60 million, which is earmarked for further growth and to enhance its position as a leading provider of accessible and cost-effective investing solutions for retail clients. Scalable Capital initially launched with a digital wealth management service and expanded its offerings in 2020 to include a full-service brokerage, now operating in multiple countries including Austria, France, Italy, Spain, and the Netherlands. The legal team from K&L Gates, led by partners Michael Hutson and Thilo Winkeler, utilized their expertise in cross-border venture capital and financial regulatory matters to navigate the complexities of this investment in a highly regulated industry. This strategic investment not only supports Scalable Capital's growth trajectory but also reinforces Balderton's commitment to investing in innovative financial and technology sectors across Europe.