King River is a bi-regional fund built specifically to connect Australia and North America, led by a team with deep capital-markets backgrounds from Goldman Sachs rather than the typical founder-only path, and it invests in both tokens and equity through its own in-house trading capability, having been one of the first dedicated crypto-focused venture funds in Australia. The firm also creates thematic investment vehicles with strategic partners like Immutable and Polygon Labs, keeps a low deal-to-partner ratio so founders get direct access to the whole team, and has attracted an establishment-heavy investor base—including Future Super, the Fairfax and Smorgon families, and David Gonski—for its 2025 AI fund.