KRC announces first close of debut fund
King River Capital, a new venture firm that provides funding to early-stage software companies in Australia and overseas, has raised an undisclosed amount of funding in the first close of its debut fund. Also, KRC has invested in two Australian companies: FinClear, an wholesale financial services provider; and Cover Genius, an insurtech startup. KRC is seeking to invest in 15 to 20 companies with an average investment of A$10 million over three to four years.
12 March 2019•2 mins read
