Scalare Partners closes oversubscribed funding round to accelerate portfolio growth
Summary
Scalare Founding Partner Nick Roberts said:"We are thrilled to announce our recent funding as we position ourselves for growth. "As of 1 December 2022, Scalare has made 22 investments in 19 companies and has supported our founders through the identification of new hires, delivery of a customised support plan, and a number of advisory projects and mandates for IPOs.Recently Scalare has helped a number of its portfolio companies through capital-raising journeys and investment milestones, made a new investment in impact management platform , and has a healthy pipeline of early-stage technology businesses under consideration for its portfolio.Nick Roberts went on to say, "This latest financing round is a strong endorsement of the Scalare model.With the current market challenges, founders are seeing additional value in the Scalare support structure as well as our financial investment.We believe this creates a good environment for us to continue to add quality founders and businesses to our growing investee portfolio. "Scalare Partners welcomes pitches from passionate founders from all backgrounds. We are seeking technology companies that fit the following investment criteria:At Scalare, were on a mission to create a greater impact by building a collaborative network that connects exceptional founders, advisors and investors in a unique and powerful partnership, because real transformation and growth takes more than money.Our unique collaboration and partnership model provides clear pathways to global investors, experts and markets. We plug existing skills gaps in our portfolio companies from our best-of-breed advisor network to bring, expert resources exactly when needed to facilitate growth and deliver exceptional returns to investors and founders alike.