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King River Capital

Oceania, New South Wales, Australia, Surry Hills

Description

King River Capital is an Australian-based venture capital firm with a strong focus on high-growth software and AI-driven technology businesses. Operating from Surry Hills, Australia, the firm primarily targets early-growth stage companies, typically participating in Series A and Series B funding rounds. While rooted in Australia, King River Capital maintains a global outlook, actively investing in companies with international expansion ambitions, particularly those looking to scale into the lucrative US market. Their investment thesis centers on identifying disruptive technologies that address critical problems across various industries.

The firm is known for its strategic capital deployment and hands-on approach, aiming to be more than just a financial backer. King River Capital typically deploys initial investments ranging from US$2 million to US$10 million, providing significant capital to fuel the growth of its portfolio companies. This range allows them to support promising startups through crucial development phases. A notable milestone for the firm was the successful close of its second fund, King River Capital Fund II, which secured US$100 million in commitments. This substantial fund size underscores their capacity to make meaningful investments and support their portfolio companies through follow-on rounds.

King River Capital emphasizes partnering with founders who possess deep domain expertise and a clear vision for market leadership. The firm leverages its extensive network and operational experience to provide strategic guidance, facilitate market access, and assist with talent acquisition. Their team, comprised of seasoned professionals with backgrounds in technology, finance, and entrepreneurship, is dedicated to helping portfolio companies navigate the complexities of rapid growth and achieve global scale. This comprehensive support system is a key differentiator, positioning King River Capital as a valuable partner for ambitious technology ventures.

Investor Profile

King River Capital has backed more than 41 startups, with 4 new investments in the last 12 months alone. The firm has led 15 rounds, about 37% of its total and boasts 2 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series B, Series A, Series C rounds (top funding stages).
  • Majority of deals are located in United States, Australia, Canada.
  • Strong thematic focus on Software, Artificial Intelligence (AI), Machine Learning.
  • Led 1 rounds in the past year.
  • Typical check size: $2M – $10M.

Stage Focus

  • Series B (34%)
  • Series A (24%)
  • Series C (15%)
  • Seed (12%)
  • Series D (7%)
  • Series Unknown (5%)
  • Series E (2%)

Country Focus

  • United States (54%)
  • Australia (32%)
  • Canada (7%)
  • United Kingdom (2%)
  • Hong Kong (2%)

Industry Focus

  • Software
  • Artificial Intelligence (Ai)
  • Machine Learning
  • Health Care
  • Blockchain
  • Financial Services
  • Gaming
  • Fintech
  • Wellness
  • Cyber Security
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does King River Capital frequently co-invest with?

V
North America, New York, United States, New York
Co-Investments: 2
Yield Guild Games
North America, New York, United States, New York
Co-Investments: 3
Alpha Intelligence Capital
Europe, Luxembourg, Luxembourg, Luxembourg
Co-Investments: 2
PC
North America, Connecticut, United States, Greenwich
Co-Investments: 5
AAF Management Ltd.
North America, District of Columbia, United States, Washington
Co-Investments: 3
Global IoT Technology Ventures, Inc.
Asia, Tokyo, Japan, Tokyo
Co-Investments: 2
Insight Partners
North America, New York, United States, New York
Co-Investments: 2
BITKRAFT Ventures
North America, California, United States, San Francisco
Co-Investments: 6
The Spartan Group
Asia, Central Region, Singapore, Singapore
Co-Investments: 3
Founders Fund
North America, California, United States, San Francisco
Co-Investments: 3

Which angels does King River Capital often collaborate with?

MM
North America, Texas, United States, Houston
Shared Deals: 1
BD
North America, Kentucky, United States, Louisville
Shared Deals: 1
CB
North America, Maryland, United States
Shared Deals: 1
Alex Zaccaria
Oceania, Victoria, Australia, Melbourne
Shared Deals: 1
SK
North America, California, United States, San Francisco
Shared Deals: 1
AC
North America, Virginia, United States, Arlington
Shared Deals: 1
WD
North America, California, United States, Santa Clara
Shared Deals: 2
JS
North America, California, United States, San Francisco
Shared Deals: 1
Anthony Zaccaria
Oceania, Victoria, Australia, Melbourne
Shared Deals: 1
Nick Humphreys
Oceania, Victoria, Australia, Melbourne
Shared Deals: 1

What are some of recent deals done by King River Capital?

Relevance AI

Surry Hills, New South Wales, Australia

Relevance AI provides an AI agent operating system that helps companies automate repetitive reasoning tasks.

AnalyticsArtificial Intelligence (AI)Generative AIMachine LearningSoftware
Series BMay 6, 2025
Amount Raised: $24,000,000
Safewill

Sydney, New South Wales, Australia

Safewill offers digital estate planning services for end-of-life arrangements.

AdviceAsset ManagementFinancial ServicesWealth Management
Series BNov 25, 2024
Amount Raised: $10,995,507
Party Icons

Hong Kong, Hong Kong Island, Hong Kong

Party Icons is a web3 mobile gaming platform that offers a range of online games.

GamingMedia and EntertainmentWeb3
SeedOct 23, 2024
Amount Raised: $9,000,000
Darkbright Studios

Dover, Delaware, United States

Darkbright Studios is the developer of Smolbound, a Web3 life sim RPG.

SeedSep 23, 2024
Amount Raised: $6,000,000
Layer3

Washington, District of Columbia, United States

Layer3 is a platform that enables web3 customers to acquire, retain, and engage their users.

BlockchainCryptocurrencyWeb3
Series AJun 12, 2024
Amount Raised: $15,000,000
Cover Genius

Sydney, New South Wales, Australia

Cover Genius provides an insurance distribution platform designed to protect the customers of e-commerce companies.

Financial ServicesFinTechInsuranceInsurTech
Series EMay 15, 2024
Amount Raised: $80,000,000

Blade of God X provides cross-platform play as an optimum medium and way of interaction between people and the virtual world.

GamingOnline GamesSoftware
SeedMay 7, 2024
Illuvium

Sydney, New South Wales, Australia

Illuvium makes a game that rewards players with the opportunity to explore and capture NFT creatures, known as Illuvials, in combat.

GamificationGaming
Series AMar 27, 2024
Amount Raised: $12,000,000
Studio 369

Moncton, New Brunswick, Canada

MetalCore is a mechanized fighting game service provider that offers the development of first-person mechanised fighting games.

GamingPC GamesReal Time
Series UnknownMar 12, 2024
Amount Raised: $3,705,515
Relevance AI

Surry Hills, New South Wales, Australia

Relevance AI is a platform for building custom AI agents, aiding companies in automating repetitive reasoning tasks efficiently.

AnalyticsArtificial Intelligence (AI)Generative AIMachine LearningSoftware
Series ADec 14, 2023
Amount Raised: $15,000,000