NRFC invests $20m in Sydney neurotech


David Allen
Reporter

The National Reconstruction Fund Corporation (NRFC) has taken a $20 million preferred equity stake in a Sydney neurotechnology startup to help fund its plans for local research infrastructure and US expansion.

The NRFC on Friday announced it would kick off Omniscient Neurotechnology’s latest funding round alongside venture capital firm OIF Ventures.

Omniscient is behind ambitious new technology in the recently developed field of brain mapping neuroscience known as connectomics. It’s …

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