Tag: David Gall

NRF surges past $1.5bn investment target in year-end rush

Posted on   |  by Justin Hendry
The National Reconstruction Fund has blown past its $1.5 billion investment target, helped by two sizeable, still-undisclosed loans that were struck on the last day of the financial year....

NRF stake rockets Southern Launch raise to $25 million

Posted on   |  by Joseph Brookes
South Australian space port operator Southern Launch has closed a $25 million funding round after conducting Australian-first commercial launches and re-entries and providing tracking for the Artemis lunar mission....

Govt fast-tracks $6.15bn NRF supply chain funding streams

Posted on   |  by James Riley
Three funding streams worth $6.15 billion targeting critical supply chains and managed by the National Reconstruction Fund will open on Monday as government accelerates support for businesses impacted by...

NRF backs second Sydney quantum startup with $20m

Posted on   |  by Justin Hendry
The federal government’s $15 billion industry fund has made a second major bet on Sydney’s quantum computing sector, injecting $20 million into Silicon Quantum Computing seven weeks after committing...

NRF pours $50m into robotics innovator Advanced Navigation

Posted on   |  by Justin Hendry
Australian AI robotics innovator Advanced Navigation has clinched a $50 million equity investment from the National Reconstruction Fund as part of a $158 million Series C raise. The Sydney-based...

NRF takes $20m stake in Aussie quantum firm Diraq

Posted on   |  by Justin Hendry
Australian quantum startup Diraq has landed a $20 million federal government investment as it competes with tech giants worldwide to build a commercially useful quantum computer in the next...

Floor price issues no barrier to NRF critical minerals pipeline

Posted on   |  by James Riley
National Reconstruction Fund Corporation chief executive David Gall says the $15 billion fund’s critical minerals pipeline could withstand the US government walking away from a planned floor-price mechanism to...

NRF piles into driverless vehicle maker’s US$40m Series B

Posted on   |  by Joseph Brookes
Labor’s National Reconstruction Fund on Wednesday poured in more than half of a US$40 million Series B for Melbourne manufacturer Applied EV to bring its driverless vehicles to market....

Deal surge underway as NRF chases $1.5bn target

Posted on   |  by Justin Hendry
Australia’s $15 billion sovereign investment fund is working through more than 50 investment proposals as it chases an ambitious investment target set by the federal government. The fund was...