Milbank advised Lightrock (the former impact investing arm of LGT) as well as LGT on an investment in Wefox, a digital insurer, as part of the $650 million Series C funding round led by Target Global. Following this funding round, which represents the largest Series C funding round for an InsurTech globally and is one of the largest ever Series C’s, the company has reached a post-money valuation of $3 billion.
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