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Candy Club Holdings Ltd. ( (AU:SCP) ) has provided an update.
Scalare Partners has announced the acquisition of Tank Stream Labs, further strengthening its position in the Australian technology ecosystem. This acquisition is part of Scalare’s strategy to expand its founder support ecosystem, which already includes The Australian Technologies Competition, Tech Ready Women, and Inhouse Ventures. The company’s diversified portfolio of 30 early-stage technology investments has shown strong valuation growth, indicating significant future growth potential. This move is expected to enhance Scalare’s industry positioning and provide more opportunities for investors to access the early-stage technology asset class.
More about Candy Club Holdings Ltd.
Scalare Partners is a technology accelerator focused on building a comprehensive and trusted founder support ecosystem to drive investment in early-stage technology start-ups. The company generates revenue from this ecosystem and plans to reinvest profits into promising technology businesses. Scalare is listed on the ASX, providing liquidity and access to investors interested in early-stage technology assets.
Average Trading Volume: 44,328
Technical Sentiment Signal: Sell
Current Market Cap: A$16.67M
For detailed information about SCP stock, go to TipRanks’ Stock Analysis page.