Pre-seed investor Hustle Fund raising $50m for second VC vehicle

Pre-seed investor Hustle Fund raising $50m for second VC vehicle

Photo from Hustle Fund's Facebook page.

San Francisco- and Singapore-based Hustle Fund, a pre-seed venture capital firm founded by former 500 Startups partners Elizabeth Yin and Eric Bahn, is looking to raise up to $50 million for its second venture capital fund, according to its latest US Securities and Exchange Commission filing.

The launch of Hustle Fund II comes eight months after the pre-seed VC firm closed its first fund at $11.5 million, anchored by China’s online gaming giant Shanda, Japan’s Line, and South Korea’s largest search engine Naver.

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