National Reconstruction Fund Corporation
VC Fund
National Reconstruction Fund Corporation is a VC fund focused on Software and Manufacturing. The National Reconstruction Fund Corporation (NRFC) is a business federal body established by the Australian government under the National Reconstruction Fund Corporation Act 2023.
- Total investments:
- 28
- Last investment:
- Lead investor:
- 71%
Last updated:
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Industries National Reconstruction Fund Corporation invests in
Stages National Reconstruction Fund Corporation invests in
Countries National Reconstruction Fund Corporation invests in
Round sizes
Contacts
| Name | Phone | Socials | |
|---|---|---|---|
Round size
- Grant
- $64k–$125M
- Series A
- $14M–$30M
- Series C
- $20M–$112M
Investment Focus
Industry
- Software 5 (18%)
- Manufacturing 5 (18%)
- Quantum Computing 4 (14%)
- Medical 3 (11%)
- Aerospace 3 (11%)
Stage
- Series C 5 (18%)
- Series A 4 (14%)
- Grant 3 (11%)
- Series B 3 (11%)
- Debt Financing 3 (11%)
Country
- Australia 22 (79%)
- United States 2 (7%)
Team
| Name | Title | Investments | Links | |
|---|---|---|---|---|
David Gall
Chief Executive Officer
|
Chief Executive Officer | Total investments: 7 | Find email | |
Mary Manning
CIO
|
CIO | Total investments: 4 | Find email |
Investments
| Company | Description | Round | Links |
|---|---|---|---|
| HEO is a space research and technology and non-earth imaging service provider. | $26.4M / Series B / Sep 21, 2026 | ||
| Global Resource Recovery is a waste management company that offers oil recycling, wastewater treatment, and PFAS removal services. | $39.3M / Debt Financing / Sep 11, 2026 | ||
| Built Living utilizes an automated, advanced manufacturing process to mass-produce prefabricated modular and precast concrete components for high-density residential developments. The company employs a Design for Manufacture and Assembly methodology to deliver turn-key housing modules. The company operates as a joint venture between Built Group andWesfarmers. | $86M / Debt Financing / Aug 24, 2026 | ||
| Emesent is a venture-backed technology company that automates the collection and analysis of critical data in challenging underground environments. Our flagship product is the award-winning Hovermap; a LiDAR-mapping and autonomy payload for industrial drones. Hovermap allows drones to fly and map in GPS-denied environments such as undergroundmines.Through Hovermap and other solutions, we deliver revolutionary efficiency, safety and operational insights to underground mines and other GPS-denied environments. Our growing team of experienced roboticists and engineers are dedicated to creating cutting-edge drone autonomy and data analytics for industrial applications. | $6.9M / Debt Financing / Jul 02, 2026 | ||
| Southern Launch is an aerospace company that provides infrastructure, guidance, and logistics support for satellites and space launches. | $25M / Series A / Jun 30, 2026 | ||
| Liquid Instruments develops software-defined test and measurement systems that enable engineers and scientists to perform complex experiments and signal analysis using a single, reconfigurable hardware platform. The company’s core offering is the Moku product line, which integrates multiple laboratory instruments, such as oscilloscopes, spectrumanalyzers, waveform generators, and lock-in amplifiers, into one device that can be configured and updated through software. Its platform is built on field-programmable gate arrays, allowing users to dynamically switch between instrument functions or combine multiple tools within the same system depending on testing requirements. This approach replaces traditional setups that rely on multiple standalone instruments, reducing equipment complexity, cost, and physical space while enabling customized configurations for different applications. | $50M / Series C / Apr 28, 2026 | ||
| To advance the development and commercialisation. | $13.9M / Venture - Series Unknown / Mar 24, 2026 | ||
| Enabling the transition to 2.5D and 3D chiplet stacking and increasing the performance of semiconductor chips to meet the growing demand. | $25.9M / Series A / Mar 23, 2026 | ||
| Advanced Navigation is a privately owned Australian company that specializes in the development of navigation technologies and robotics. The company has a focus on generating products of the highest quality standard, both in terms of hardware and software. The company's founders came from a background in mission critical robotics built tomilitary specifications and this can be seen through Advanced Navigation's products. Advanced Navigation's engineers have specialized expertise across a broad range of fields including sensors, GNSS, inertial navigation, RF technologies, acoustics, robotics, AI, and algorithms. | $111.9M / Series C / Mar 17, 2026 | ||
| Diraq uses spins in silicon quantum dots as qubits. Diraq's qubits are compatible with existing CMOS processes and can fit billions of qubits on a single chip. To transform our world, quantum computers need billions of qubits and Diraq has the IP, the team and the plan to get there. | $13.9M / Series A / Feb 02, 2026 | ||
| See all 28 investments → | |||
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FAQ
What does National Reconstruction Fund Corporation invest in?
National Reconstruction Fund Corporation invests primarily in Software, Manufacturing and Quantum Computing startups, most often at Series C and Series A stage. Most of the 28 investments tracked by Shizune back companies in Australia. The Investment Focus section breaks down every industry, stage and country in the portfolio.
What is National Reconstruction Fund Corporation's check size?
National Reconstruction Fund Corporation typically joins rounds of $64k–$125M at Grant, $14M–$30M at Series A and $20M–$112M at Series C. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds National Reconstruction Fund Corporation participates in.
How do I contact National Reconstruction Fund Corporation?
Public channels for National Reconstruction Fund Corporation include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.
Who are the partners at National Reconstruction Fund Corporation?
The team at National Reconstruction Fund Corporation includes David Gall (Chief Executive Officer) and Mary Manning (CIO). The Team section lists each member with their title, investment count and links.
Is Shizune's investor data accurate?
Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Oct 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.
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