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The National Reconstruction Fund Corporation

5 Farrell Place, Level 9, Canberra, Australian Capital Territory, 2601, Australia

Overview

Federal body established for national reconstruction funding.

Deals · 12mo

10

Links

WebsiteLinkedInX (Twitter)

Stage focus

Multi-stage

Geographic focus

Australia
United States

Sector focus

—

Investment portfolio

12rounds
NAMEDATESIZE
HEO
Sep 2026Participated
$26 MSeries B
Emesent
Jul 2026Participated
$17 MOther Equity
Southern Launch
Jun 2026Led
$25 MSeries A
Omniscient Neurotechnology
Jun 2026Led
$27 MSeries D
Syenta
Apr 2026Led
$26 MSeries A
Advanced Navigation
Mar 2026Participated
$110 MSeries C
Diraq
Feb 2026Led
$14 MOther Equity
Applied EV
Jan 2026Led
$40 MSeries B
Gilmour Space Technologies
Jan 2026Led
$217 MOther Equity
Synchron
Nov 2025Participated
$200 MSeries D
Morse Micro
Sep 2025Participated
$58 MSeries C
Harrison.ai
Feb 2025Led
$117 MSeries C
HEO
Sep 2026Participated
$26 MSeries B
Emesent
Jul 2026Participated
$17 MOther Equity
Southern Launch
Jun 2026Led
$25 MSeries A
Omniscient Neurotechnology
Jun 2026Led
$27 MSeries D
Syenta
Apr 2026Led
$26 MSeries A
Advanced Navigation
Mar 2026Participated
$110 MSeries C
Diraq
Feb 2026Led
$14 MOther Equity
Applied EV
Jan 2026Led
$40 MSeries B
Gilmour Space Technologies
Jan 2026Led
$217 MOther Equity
Synchron
Nov 2025Participated
$200 MSeries D
Morse Micro
Sep 2025Participated
$58 MSeries C
Harrison.ai
Feb 2025Led
$117 MSeries C
12
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Insights

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Deal Distribution

The National Reconstruction Fund Corporation: 12 funding rounds are recorded in the selected participation categories.All available history.
The National Reconstruction Fund Corporation: 12 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Series A20
Series B11
Series C+23
Other Equity21

Monthly Deal Activity

The National Reconstruction Fund Corporation: 12 deals are recorded across 21 months.All available history.
The National Reconstruction Fund Corporation: 12 deals are recorded across 21 months. All available history
MonthDeals
Feb '251
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '251
Oct '250
Nov '251
Dec '250
Jan '262
Feb '261
Mar '261
Apr '261
May '260
Jun '262
Jul '261
Aug '260
Sep '261
Oct '260

Sector Breakdown

The National Reconstruction Fund Corporation: Space & Frontier Tech is the largest displayed sector by deal count (8 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

The National Reconstruction Fund Corporation: Space & Frontier Tech is the largest displayed sector by deal count (8 deals). All available history
SectorDeals
Space & Frontier Tech8
Hardware & Robotics6
AI & Machine Learning5
Networks, Cloud & Communication4
Manufacturing3
Health & Life Sciences3
Transportation & Logistics2
Marketing & Advertising1
Enterprise Software1

Deal Size Distribution

The National Reconstruction Fund Corporation: 12 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

The National Reconstruction Fund Corporation: 12 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M0
$5M-$10M0
$10M-$25M2
$25M-$50M5
$50M-$100M1
$100M-$250M4
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

The National Reconstruction Fund Corporation: Australia has the largest recorded deal count among the displayed regions (11 deals).All available history.

Top 2 of 2 regions; European countries are grouped as Europe.

The National Reconstruction Fund Corporation: Australia has the largest recorded deal count among the displayed regions (11 deals). All available history
RegionDeals
Australia11
United States1
The National Reconstruction Fund Corporation: 20 co-investors are shown, with Main Sequence Ventures sharing 4 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

The National Reconstruction Fund Corporation: 20 co-investors are shown, with Main Sequence Ventures sharing 4 recorded deals. All available history
Co-investorShared deals
Main Sequence Ventures4
Blackbird Ventures3
Hostplus3
AirTree Ventures2
In-Q-Tel2
NGS Super2
Our Innovation Fund2
Queensland Investment Corporation2
Salus Ventures2
Alpha Intelligence Capital1
Alpha JWC Ventures1
ARCH Venture Partners1
Aware Super1
Barrenjoey1
Beaten Zone Venture Partners1
Bezos Expeditions1
Brighter Super1
Brindabella & Company1
Coupland Asset Management1
Dcode Capital1

Investment Strategy

The National Reconstruction Fund Corporation: Led accounts for 58% and participating for 42% of round participation.All available history.
The National Reconstruction Fund Corporation: Led accounts for 58% and participating for 42% of round participation. All available history
CategoryDeals (count)Share (%)
Led758%
Participating542%
The National Reconstruction Fund Corporation: Single-lead accounts for 29% and co-led for 71% of lead dynamics.All available history.
The National Reconstruction Fund Corporation: Single-lead accounts for 29% and co-led for 71% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead229%
Co-led571%

Team

David Gall

Chief Executive Officer

Lauren McGregor
Martijn Wilder AM

Founder and CEO

Mary Manning

CIO

Ruth Marshall