Zebediah Rice

Co-Founder & Partner, King River Capital
Zebediah Rice built a bicontinental career, scaled Angeleno Group past $500M, sits on the Pat Brown Institute board, champions Web3 gaming, and warns Australia has two years to build global AI.
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Zebediah Rice
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AI
Fintech
Web3 / Crypto
Enterprise
Gaming / VR
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About Zebediah Rice

Zebediah Rice built his career across Australia, New Zealand, China, and the US—starting at News Corp in the 1990s, then scaling the Angeleno Group past $500 million before backing founders on both sides of the Pacific—while also serving on the board of the Pat Brown Institute for Public Affairs, founded by his grandfather, former California governor Pat Brown, and working on finance committees for Barack Obama's 2008 campaign and Jerry Brown's 2010 campaign; outside of work, he's known for interests in medieval mystical poetry, astronomy, and meditation. He has also staked out specific, public positions in venture, including a belief that Web3 gaming will drive mainstream crypto adoption, a decision to hold back capital in early 2022 when he judged the market had peaked, and a warning that Australia has only about two years to build globally competitive AI companies before overseas players lock in the advantage.

About their Fund

King River Capital

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AI, Fintech, Web3 / Crypto, Enterprise, Gaming / VR
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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.

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