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 successfully 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 tailored legal support provided by K&L Gates was crucial in navigating the complexities of investing in a highly-regulated sector, leveraging their expertise in cross-border venture capital and financial regulatory matters. The collaboration not only facilitated the investment but also positioned Balderton Capital to capitalize on future opportunities within the European financial and technology sectors. This strategic investment is expected to bolster Scalable Capital's growth trajectory and enhance its service offerings across Europe.