wefox closes $400m Series D round led by Mubadala at $5.4bn post-money valuation
wefox, a Berlin-based insurtech, has closed a Series D funding round of $400 million – comprising equity and debt – and increasing its post-money valuation to $4.5 billion in the process. Mubadala Investment Company led the equity raise with participation from Eurazeo, LGT, Horizons Ventures, OMERS Ventures and Target Global.