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National Reconstruction Fund

Sovereign Wealth Fund

National Reconstruction Fund is a Sovereign Wealth Fund firm based in Canberra, Australia.

Government corporation investing AUD 15B in priority sectors to diversify and transform Australian industry.

Growth
Early Stage
Agriculture, forestry and fisheries
Defence capability
Enabling capabilities
Medical science
Renewables and low emission technologies
Resources
Transport
Agriculture Forestry and Fisheries
Renewables and Low-Emission Technologies
Advanced Materials
Agtech
Manufacturing
Medtech
Renewable Energy
Transportation
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Headquarters
Canberra, Australia
Founded
2023
Website
nrf.gov.au
AUM
$15.0B
Portfolio Companies
9
Total Investments
12
Last Investment
Jun 2026
Geographic Focus
Australia
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Indexed holds 9 portfolio companies and 12 funding rounds for this investor. The full record is or through the API.

Investment Thesis

Supports high-value projects via debt, equity, guarantees in key sectors for economic transformation and job creation.

It was founded in 2023. It has made 12 investments. Its portfolio includes Hypersonix, Gilmour Space and Vault Cloud. Focus areas include Agriculture, forestry and fisheries and Defence capability.

Portfolio9

Co-investors24

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24 co-investors across 30 shared portfolio companies — who they back alongside, and how often they lead.

Venture Capital ×19 · Private Equity ×2 · Other ×2 · 27 shared rounds

Investment History

Data from Indexed.vcUpdated

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National Reconstruction Fund on Indexed.vc
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