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Scalare Partners Holdings Limited (ASX:SCP)

ALERT: Price-sensitive ASX Announcement for SCP
Current share price for SCP : $0.050 -0.008 (-13.79%)+
Announcement
Release
2 Jun 2026 9:41AM
Price at Release
$0.058
Full Release
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Summary
Scalare Partners Holdings Limited has announced the acquisition of Fishburners, a prominent Australian startup community, to enhance its influence within the startup ecosystem. This acquisition will allow Scalare to integrate Fishburners into its broader network, providing members with access to expanded resources and programs, including mentorship and capital readiness initiatives. The integration is part of Scalare's strategy to build a highly connected founder ecosystem, aiming to support over 40,000 founders and 10,530 startups. By preserving and enhancing the Fishburners brand and programs, Scalare intends to continue its mission of fostering innovation and entrepreneurship across Australia.
Key Points
  • Scalare Partners Holdings Limited acquired Fishburners.
  • Fishburners is one of Australia's largest startup communities.
  • The acquisition strengthens Scalare’s position in Australia's startup ecosystem.
  • Scalare aims to preserve and integrate Fishburners into its ecosystem.
  • Fishburners members gain access to Scalare’s services and resources.
  • Scalare plans to relaunch Fishburners' programs and establish a new investment vehicle.
  • The acquisition expands Scalare’s founder network and community reach.
  • Scalare’s ecosystem supports over 40,000 founders and 10,530 startups.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.