Zeb Rice

Skalata named Australia's most active investor for H1 2024

Australian startup capital climbed 30% in early 2024 even as deal counts fell; Skalata Ventures topped investor activity with 13 participations, ahead of Blackbird and Investible.

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King River Capital is building a $157 million sixth VC fund to back AI

King River Capital is wrapping up a A$157 million (US$100 million) fund for AI startups, with Future Super, David Gonski, Marinya Capital and the Smorgon family among its backers.

King River Capital launches Digital Asset Fund with early-stage investor commitments of $50million

Australian venture firm King River Capital has launched a digital asset fund holding over $50 million in commitments toward a $150 million target, and hired David Adams as partner to manage it.

Also SmartCompany·Startup Daily

Gaming startup Immutable scores $82 million for NFT trading tech

Blockchain gaming company Immutable has raised an $82 million Series B led by BITKRAFT Ventures to grow its NFT trading platform and games, with King River, AirTree and several other investors taking part.

Also Startup Daily

Sydney VC King River Capital closes second $130 million fund

Sydney venture firm King River Capital has made a first close on its second fund with US$95 million committed, drawing family offices and tech executives as backers, and has invested from it in Paystand's Series C.