Pre-seed VC Hustle Fund secures $30.4m in commitments for second fund

Hustle Fund, a pre-seed venture capital firm based in San Francisco and Singapore, has secured $30.4 million in capital commitments for its second fund, Hustle Fund II, according to its filing with the US Securities and Exchange Commission.

The $50 million fund, which was launched in May 2019, or eight months after the pre-seed VC closed its first vehicle at $11.5 million, secured commitments from 78 investors so far. DealStreetAsia earlier reported that Chinese online gaming giant Shanda is returning as a limited partner for Fund II.

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