BlackRock takes stake in robo-adviser
Part of €30m funding round
BlackRock has taken a "significant minority stake" in European robo-adviser Scalable Capital as part of a €30m funding round with existing venture capital investors.
The investment house invested alongside backers HV Holtzbrinck Ventures and Tengelmann Ventures, which had been involved in earlier funding rounds totaling €11m. BlackRock's involvement will help Scalable...
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