# Russell Mineral Equipment funding: rounds and investors

> Russell Mineral Equipment has raised $40M across 1 round since 2024. Investors include National Reconstruction Fund and Resource Capital Funds.

Source: https://millionrounds.com/company/russell-mineral-equipment (Millionrounds; every figure on the page links to its filing or article)

Australia · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Russell Mineral Equipment*

One round we have observed, with the 2 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Manufacturing Oil & Gas

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Funding summary Updated 5 Nov 2026

**$40M** raised across 1 round since 2024, from 1 source

- **Latest round:** Round, $40M Nov 2024
- **Led by:** National Reconstruction Fund
- **Investors:** 2 (1 led)

See who backed them

## The rounds

- **Nov 2024** Round **$40M** [National Reconstruction Fund](https://millionrounds.com/fund/national-reconstruction-fund) Lead [Resource Capital Funds](https://millionrounds.com/fund/resource-capital-funds) Reported by Startup Daily

## Everyone who backed them

[National Reconstruction Fund](https://millionrounds.com/fund/national-reconstruction-fund) Growth equity **1** round, led 1

[Resource Capital Funds](https://millionrounds.com/fund/resource-capital-funds) Private equity **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=russell-mineral-equipment).

## Quick answers about Russell Mineral Equipment

### Who invested in Russell Mineral Equipment?

Russell Mineral Equipment's investors include National Reconstruction Fund and Resource Capital Funds. National Reconstruction Fund led its latest round.

### How much has Russell Mineral Equipment raised?

Russell Mineral Equipment has raised $40M across 1 round since 2024.

### When did Russell Mineral Equipment last raise?

Russell Mineral Equipment's most recent round was an Undisclosed round of $40M in Nov 2024, led by National Reconstruction Fund.

### What was Russell Mineral Equipment's biggest round?

Its most recent round, $40M in Nov 2024, is also its largest on record.

### Who backed Russell Mineral Equipment first?

Russell Mineral Equipment's first round on record, in Nov 2024, was backed by National Reconstruction Fund and Resource Capital Funds.

### What stage is Russell Mineral Equipment at?

Russell Mineral Equipment's latest named round is an Undisclosed round, in Nov 2024.

### Where is Russell Mineral Equipment based?

Russell Mineral Equipment is based in Australia.

### Who led Russell Mineral Equipment's rounds?

National Reconstruction Fund led the Undisclosed round in 2024.

## Companies like Russell Mineral Equipment

In the same sector, and raised in the last eighteen months.

[**DryFlow Magnetics** $44M · Oct 2026](https://millionrounds.com/company/dryflow-magnetics)[**Emesent** $18M · Jul 2026](https://millionrounds.com/company/emesent)[**Aurum Resources** $588K · Jun 2026](https://millionrounds.com/company/aurum-resources)[**Locit** $1.3M · May 2026](https://millionrounds.com/company/locit)[**Vanadium Resources** $721K · May 2026](https://millionrounds.com/company/vanadium-resources)[**Maronan Metals** $16M · May 2026](https://millionrounds.com/company/maronan-metals)

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