National Reconstruction Fund Corporation

National Reconstruction Fund Corporation (NRFC) is a federal agency based in Canberra, Australia, established in 2023 by the Australian government. It is tasked with investing in domestic businesses operating within seven priority sectors, with the aim of fostering economic growth and job creation. NRFC offers financial support, including debt, equity, and guarantees, to projects that align with national interests and drive industrial transformation. The agency's assets are managed by its executive team.

Mary Manning

CIO

Past deals in Australasia

Harrison.ai

Series C in 2025
Harrison.ai is a healthcare-focused AI company founded in 2018. Headquartered in Barongarook, Victoria, Australia, it uses deep learning to enhance IVF success rates and improve patient outcomes. The company empowers clinicians with customized AI tools that integrate into existing workflows.

Harrison.ai

Series C in 2025
Harrison.ai is a healthcare-focused AI company founded in 2018. Headquartered in Barongarook, Victoria, Australia, it uses deep learning to enhance IVF success rates and improve patient outcomes. The company empowers clinicians with customized AI tools that integrate into existing workflows.

Arafura Resources

Grant in 2025
Arafura Resources Limited, established in 1997 and headquartered in Perth, Australia, specializes in mineral exploration and development within Australia. The company focuses on discovering and extracting rare earth deposits, along with tungsten, copper, and vanadium resources. Its primary project is the Nolans project, a significant rare earths-phosphate-uranium-thorium deposit located in the Northern Territory. This project supplies neodymium and praseodymium products crucial for various industries. Apart from exploration, Arafura also engages in mining infrastructure development and social-environmental feasibility assessments to ensure sustainable operations.

Myriota

Venture Round in 2024
Myriota Pty. Ltd. is an Australian company based in Adelaide that specializes in developing low-power micro transmitters for satellite connectivity, primarily targeting the Internet of Things (IoT) market. Founded in 2015, Myriota's technology enables secure data transmission by using its low-power modules, which can be seamlessly integrated into various IoT devices. These devices send small packets of data to low Earth orbit satellites and ground stations, facilitating remote communication and monitoring. The firm's solutions cater to a diverse range of applications, including data-driven agriculture, resource asset management in sectors like oil and gas, mining, environmental monitoring, and defense. Myriota's innovations aim to enhance operational efficiency, reduce costs, and support data-driven decision-making across multiple industries.

Vault Cloud

Series B in 2024
Vault Cloud is an Australian cloud service provider that specializes in delivering secure solutions for government agencies and commercial enterprises. The company operates a cloud platform designed to manage highly sensitive workloads, enabling seamless migration from on-premise infrastructure to the cloud. Vault Cloud emphasizes the importance of security and compliance, offering a hyper-scale technology that supports agile digital transformation within organizations. By providing extensive scalability, reduced risk, and cost savings, the platform accelerates deployment for its clients while ensuring adherence to stringent compliance standards.
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