HESTA is an Australian superannuation fund primarily serving workers in the health and community services sector. While not a space company itself, HESTA invests in the space industry through venture capital funds. It provides financial backing to companies like Gilmour Space Technologies, an Australian launch service company developing rockets and satellites. HESTA's investments aim to generate returns for its members while supporting the growth of the Australian space sector. Key words: superannuation, investment, Gilmour Space, venture capital, Australia.
All verified mentions of this organization in source documents.
The Series E funding round for Gilmour Space was jointly led by the National Reconstruction Fund Corporation and superannuation fund Hostplus with participation from Future Fund, Blackbird, Funds SA, HESTA, NGS Super, Main Sequence, QIC, and Brighter Super.
Future Fund, Blackbird, Funds SA, HESTA, NGS Super, Main Sequence, QIC, and Brighter Super participated in Gilmour Space’s Series E funding round.
The $55,000,000 Series D funding round was led by Queensland Investment Corporation alongside Blackbird, Main Sequence, HostPlus, and HESTA.