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Third Hemisphere to lead PR for Scalare Partners amid expansion
ASX-listed tech investment and advisory firm Scalare Partners has appointed Third Hemisphere to manage public relations and communications. The appointment covers Scalare's extensive portfolio, which supports over 18,000 founders and 400 startups annually. Scalare provides capital, operational support, and strategic guidance to early- and growth-stage B2B technology companies.
Scalare Partners recently expanded its founder support network by acquiring Tank Stream Labs for $5.5 million. Tank Stream Labs, founded in Sydney in 2012, has grown to seven coworking locations across Australia, reporting a revenue of $9.7 million for FY2024.
Scalare's portfolio includes investments in fintech, deeptech, healthtech, cleantech, and enterprise SaaS, with 31 investments to date. The firm operates in Australia, the USA, New Zealand, Singapore, the UK, and Europe, focusing on technology sectors in these regions.
Third Hemisphere is recognised for developing communication strategies for high-growth businesses and policy-shaping organisations. The firm has collaborated with ecosystem players such as Sydney Angels, Stone & Chalk, Fishburners, and Cicada Innovations.
Founder and CEO of Third Hemisphere, Hannah Moreno, said: "It’s never been harder to cut through the noise in technology media. But for companies like Scalare with complex and novel offerings, there is also a messaging challenge.
"Because their model spans capital, capability, and community, Scalare is not just building businesses or offering traditional investment, they’re shaping the entire ecosystem. That kind of integrated impact deserves communications that are equally strategic and multi-dimensional.
"This is where Third Hemisphere’s decade-long experience in the technology sector truly shines. We’ve built our reputation on helping organisations that operate at this level of complexity cut through the noise and speak with authenticity and authority. We can’t wait to continue working with Scalare in their important pursuit of building out an entire ecosystem of change."
CEO of Scalare Partners, Carolyn Breeze, said: "We chose Third Hemisphere because of their deep expertise in gaining cut-through within the highly competitive technology sector. Their ability to turn complex business narratives into clear, impactful stories made them the right partner as we expand our voice and visibility across markets."