# National Reconstruction Fund: portfolio, investments and team > National Reconstruction Fund is a growth equity based in Australia. 11 investments on record, 8 in the last 12 months, latest Jun 2026. Source: https://millionrounds.com/fund/national-reconstruction-fund (Millionrounds; every figure on the page links to its filing or article) Australia · [Investor](https://millionrounds.com/investors) # National Reconstruction Fund Last cheque observed Jun 2026; 11 cheques on record. Email Growth equity Deploying now Website unconfirmed Series A Series C Series D Financial Services Follow National Reconstruction Fund and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fnational-reconstruction-fund) Deploying now **100%** of best year **8** **cheques in 12 months**, 11 on record Since the last cheque **128** days **00** hrs **00** min **00** sec Median round **$40M** Rounds led **7 of 11** Mostly in **Australia, 82%** Pitch National Reconstruction Fund ## National Reconstruction Fund highlights - 01 8 cheques in the last 12 months - 02 Mostly Series A and Series C: 50% of its rounds - 03 Led 7 rounds ## What they do - **Type:** Growth equity (from a list, unverified) - **Cheque size:** Not stated - **Sectors:** Financial Services - **Based in:** Melbourne, Australia - **Cold pitches:** Not stated A website was listed for this organisation, but we could not confirm it belongs to the firm that wrote these cheques. Either the site never mentions them, or it turned out to be a different company sharing the name. We show neither it nor anything read from it. [Tell us the right one](https://millionrounds.com/corrections?slug=national-reconstruction-fund). ## The record Every round we can evidence, newest first **11 appearances** - **2026** 7 rounds - **Jun** **[Southern Launch](https://millionrounds.com/company/southern-launch)** Series A · AU · Startup Daily **$25M** With 4 others - **Apr** **[Liquid Instruments](https://millionrounds.com/company/liquid-instruments)** Series C · US · Startup Daily **$50M** *Led* - **Apr** **[Syenta](https://millionrounds.com/company/syenta)** Series A · AU · TechStartups **$26M** *Led* - **Mar** **[Silicon Quantum Computing](https://millionrounds.com/company/silicon-quantum-computing)** AU · Startup Daily **$14M** With 1 other - **Jan** **[Applied Electric Vehicles (AEV)](https://millionrounds.com/company/applied-electric-vehicles-aev)** Series B · AU · Startup Daily **$40M** *Led* - **Jan** **[Gilmour Space Technologies](https://millionrounds.com/company/gilmour-space-technologies)** Growth · AU · Startup Daily **$217M** *Led* - **Jan** **[Omniscient Neurotechnology](https://millionrounds.com/company/omniscient-neurotechnology)** Series D · AU · Startup Daily **$36M** *Led* - **2025** 2 rounds - **Nov** **[Synchron](https://millionrounds.com/company/synchron)** Series D · US · Startup Daily **$305M** With 13 others - **Feb** **[Harrison.ai](https://millionrounds.com/company/harrison-ai)** Series C · AU · TechCrunch **$112M** With 9 others - **2024** 2 rounds - **Dec** **[Myriota](https://millionrounds.com/company/myriota)** AU · Startup Daily **$31M** *Led* - **Nov** **[Russell Mineral Equipment](https://millionrounds.com/company/russell-mineral-equipment)** AU · Startup Daily **$40M** *Led* An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. ## The cheque Series A Series C Series D Median round joined **$40M** the round, not its cheque Led 7 of 11 rounds **64%** - **Sole investor:** Never alone - **Last cheque:** Jun 2026 Rounds by stage said on their site - Series A *2* - Series C *2* - Series D *2* - Growth *1* - Series B *1* Cheques by month Led Joined Dec 2023 Nov 2026 Often in the room with - [In-Q-Tel](https://millionrounds.com/fund/iqt) 3 - [Blackbird Ventures](https://millionrounds.com/fund/blackbird-ventures-2) 2 - [Main Sequence Ventures](https://millionrounds.com/fund/main-sequence) 2 - [OIF Ventures](https://millionrounds.com/fund/oif-ventures) 2 **Pitching National Reconstruction Fund?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Who they invest alongside The investors most often in the same rounds as National Reconstruction Fund. A count of rooms they were both in, not a relationship either has claimed. [**In-Q-Tel** Accelerator **3** rounds together](https://millionrounds.com/fund/iqt)[**Blackbird Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/blackbird-ventures-2)[**Main Sequence Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/main-sequence)[**OIF Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/oif-ventures) ## Recently backed The latest companies National Reconstruction Fund put money into. [**Southern Launch** $25M · Jun 2026](https://millionrounds.com/company/southern-launch)[**Liquid Instruments** $50M · Apr 2026](https://millionrounds.com/company/liquid-instruments)[**Syenta** $26M · Apr 2026](https://millionrounds.com/company/syenta)[**Silicon Quantum Computing** $14M · Mar 2026](https://millionrounds.com/company/silicon-quantum-computing)[**Gilmour Space Technologies** $217M · Jan 2026](https://millionrounds.com/company/gilmour-space-technologies)[**Omniscient Neurotechnology** $36M · Jan 2026](https://millionrounds.com/company/omniscient-neurotechnology) ## Mentioned on podcasts Episodes that name National Reconstruction Fund in their description, not their title. - [Startup 360](https://millionrounds.com/podcasts/startup-360) 2 May 2025 · 55 min Election policies, AI in daily life and Maradona or Messi is the GOAT? Mentions [National Reconstruction Fund](https://millionrounds.com/fund/national-reconstruction-fund) Apple Podcasts ## Quick answers about National Reconstruction Fund ### What does National Reconstruction Fund invest in? National Reconstruction Fund invests most often at Series A and Series C (50% of the rounds on record), in sectors such as Financial Services. ### How active is National Reconstruction Fund? 11 investments on record, 8 of them in the last 12 months, and it led 7. The most recent was in Jun 2026. ### What has National Reconstruction Fund invested in recently? Its most recent investments on record: Southern Launch (Series A, Jun 2026), Liquid Instruments (Series C, Apr 2026) and Syenta (Series A, Apr 2026). ### How big are National Reconstruction Fund's cheques? The median round it joins is $40M. ### Does National Reconstruction Fund lead rounds? Yes: it led 7 of its 11 investments on record (64%). ### Where does National Reconstruction Fund invest? Most of the companies it backs are in Australia (82%) and the United States (18%). ### Is National Reconstruction Fund investing now? Yes: it is actively investing, with 8 investments in the last 12 months. ### Who does National Reconstruction Fund invest alongside? Most often In-Q-Tel (3 rounds together), Blackbird Ventures (2 rounds together) and Main Sequence Ventures (2 rounds together). ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=national-reconstruction-fund) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=national-reconstruction-fund)