CEO · Founder, Pollination Group
Stories naming Martijn Wilder. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Arafura, partly owned by renewables critic Gina Rinehart, has finalised financing for its Northern Territory rare earths mine, with $1.2 billion in government support and wind turbine and EV makers as customers.
Arafura Rare Earths, part-owned by renewables critic Gina Rinehart, has locked in financing for its Nolans project, drawing roughly $1.2 billion in Australian and German government support despite her anti-net-zero campaigning.
NRF chair Martijn Wilder describes boardroom disagreement over risk appetite at the government investor, recounting earlier deals backing Harrison.ai, Quantum Brilliance, Myriota, QuintessenceLabs and Vault Cloud.
Harrison.ai has received $32 million from the National Reconstruction Fund Corporation toward its Series C, with the federal investor's December backing of Vault Cloud, Myriota and Quantum Brilliance also noted.
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Australia's National Reconstruction Fund Corporation has put $22.5 million into Vault Cloud's Series B, its first defence-priority investment, after recent year-end cheques to Myriota, Quantum Brilliance and Russell Mineral Equipment.
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Quantum Brilliance, a Canberra-based maker of diamond-based quantum chips, has drawn fresh equity from the National Reconstruction Fund and more from Breakthrough Victoria to build a diamond foundry, with prior grants and backers recapped.
Quantum Brilliance has locked in a $30 million Series A, with Breakthrough Victoria and the National Reconstruction Fund backing its plan to open the nation's first foundry making quantum diamond devices.
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Industry minister Ed Husic told a Tech Council summit the National Reconstruction Fund is close to its first investments after asking for a $300m drawdown; the piece recaps federal tech funding moves including PsiQuantum's.
Investment firm Pollination has launched a $150m vehicle backing climate and nature start-ups, anchored by a cornerstone commitment from Queensland Investment Corporation, with first investments expected from late 2024.
Pollination has rolled out a $150 million fund for environmentally focused startups, anchored by Queensland Investment Corporation, and will begin picking companies late in 2024 across five sectors.