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Startup platform Scalare Partners raises $4.3 million for its ASX listing

  • Scalare Partners, a startup advisory and investment business, has raised $4.3 million as part of its backdoor listing on the ASX.
  • The public offer issued 17.2044 million fully paid ordinary shares at $0.25 cents per share, valuing the business at $23.7 million.
  • Scalare is a tech accelerator that offers fractional services to startups and has acquired the Tech Ready Women academy.
  • The raised funds will be used for investments in new and existing portfolio startups, working capital, and launching a US office.

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