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BlackRock and CPPIB led a $187m Series C funding round in 10x Future Technologies.

Synopsis

BlackRock, an investment management corporation, and Canada Pension Plan Investment Board, a global investment management organization, led a $187m Series C funding round in 10x Future Technologies, a B2B technology company, with participation from JP Morgan Chase, Nationwide, Ping An and Westpac. “We have been impressed with 10x’s strategy and ambition to play a key role at the heart of transformations taking place in financial services, driven by technology innovation, consumer expectations and regulatory reform. We are excited to be investing in the business as it scales into new markets," William Abecassis, BlackRock Head of Innovation Capital.

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