NRF chair Martijn Wilder has told Capital Brief investing in the fund's other priority areas of agriculture, forestry, transport, military and green manufacturing is proving “difficult”.
Venture capital
Australia's National Reconstruction Fund has invested $150 million in venture capital firm Brandon Capital in a bid to stop promising biotech companies from moving offshore.
A day after agreeing to keep its platform open to Employment Hero, Seek says it warned the startup about misusing its access.
The Melbourne startup is looking to expand its AI-powered health platform, aiming to make life-saving, preventive care more accessible in Australia and beyond.
The company, founded by fintech veterans, has opened pre-orders for its purpose-built workstations as they explore bringing final assembly back to Australia.
The Australian fintech is flipping the script, acquiring legacy bricks-and-mortar businesses to drive its offshore expansion, with two new acquisitions announced.
Australian VC is thriving — but a lack of clear pathways and opportunities is pushing out the young talent it desperately needs.
Boutique Capital has quietly become the back office provider of choice for Australia's next generation of fund managers. And it's just been snapped up in an under-the-radar deal.
The startup, which is developing chips for cutting-edge quantum computers, last month began working through a Department of Defence quantum program.
While global investors back sectors like deep tech and women’s health, Australia’s narrow focus risks missing the next wave of high-impact, high-return opportunities.
The National Reconstruction Fund Corporation's C-suite is changing, with its chief people officer departing and a new chief risk officer appointed.
The defence tech startup’s Australian entity posted a $10 million profit — though that was made possible by $56 million in sales to its US-based parent company.
The Albanese's flagship reconstruction fund has been rebuked for lacking a formal financial strategy and for other lapses, though its governance is "largely sound".
It’s a startup ecosystem cliché that Australia punches above its weight in tech, but new research lends weight to the claim.
Eastend Ventures is targeting underserved regions outside Sydney and Melbourne after raising $13 million toward a $50 million fund focused on South Australia, Western Australia and Queensland.
Canva is boosting its artificial intelligence credentials through acquisitions, mirroring the strategies of the world’s biggest tech companies.
Continuation funds, which allow VCs to transfer portfolio companies that have not yet exited into new vehicles are growing in popularity as companies stay private for longer.
Goldman Sachs and Morgan Stanley helped it sell more than $1.5 billion in stock last year. But time around, Canva is handling its latest secondary on its own.
Side Stage Ventures and Archangel Ventures both secured an exit as MagicBrief sold to Canva. Just not the exit they might have hoped for.
George Howes was at the airport en route to the UK when an unexpected WhatsApp appeared. Hours later he'd agreed to sell his startup.
Funds raised during the ZIRP boom face a 2025 deadline to deploy. It could spark a wave of rounds that may push Australian tech further offshore.
New data shows HR tech and edtech are hit hardest, but impact startups focused on social and environmental issues are proving more resilient.
Four months after an investment into a pharmacy software startup went sour, the Sydney venture capital firm has used a series of legal moves to salvage what looked like a total loss.
The Auckland-based startup is expanding globally as brands look for smarter ways to measure marketing impact in an AI-driven world.
Founders like Canva's Cam Adams, Heidi Health's Thomas Kelly and Sapia's Barb Hyman aren't bloviating about the AI threat — they're too busy building for an AI future.
A surprise court order gave investor EVP decisive voting power, leading creditors to reject a rescue bid and push StrongRoom AI into liquidation amid rising tensions.
