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National Reconstruction Fund slings $22.5 million at data security startup Vault Cloud

  • The National Reconstruction Fund Corporation (NRFC) has invested $22.5 million in sovereign cloud data security company Vault Cloud.
  • This comes after NRFC's recent investments in other tech companies, including Adelaide IoT and satellite maker Myriota.
  • Vault Cloud provides secure and scalable cloud capabilities for the Australian national security and critical infrastructure sectors.
  • The investment will be used to expand Vault's offerings, enhance security capabilities, and contribute to Australia's national security and economic growth.

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