Tag: National Reconstruction Fund

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...

What’s ahead for Australian startups in 2026?

Posted on   |  by David Allen
Startups will focus on scaling and commercialisation in 2026, building off last year’s more optimistic funding environment and a federal government policy shift towards sovereign industry, innovation sector leaders...

NRF takes $75m stake in Qld Alumina producer

Posted on   |  by Joseph Brookes
Taxpayers have a $75 million equity stake in Gladstone alumina maker Alpha HPA after the National Reconstruction Fund made the cornerstone commitment in a $225 million raise on Thursday....

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...

Super funds, NRF rocket Gilmour Space to unicorn status

Posted on   |  by Justin Hendry
Gold Coast rocket startup Gilmour Space has blasted through a $1 billion valuation after raising $217 million from an all-Australian group of investors led by the National Reconstruction Fund...

‘We are nowhere near running out of opportunities’: NRF chief

Posted on   |  by Trish Everingham
National Reconstruction Fund Corporation chief executive David Gall says Australia’s scaleup pipeline is stronger than people think. “We’re not anywhere near running out of opportunities at the moment,” he...