YourStory presents this daily roundup of the latest startup news and updates from the Indian startup ecosystem and beyond. Here's the roundup for Tuesday, February 23, 2021.
Hustle Fund hits $33.6m final close of second global pre-seed fund
February 23, 2021
Singapore- and Silicon Valley-based seed investor Hustle Fund has raised $33.6 million for the final close of its second global pre-seed fund.
Hustle Fund 2’s anchor limited partners are US venture capital firm Foundry Group Next, Taiwanese corporate Far Eastern Group, Japanese corporate venture arm LINE Ventures, and Chinese private investment firm Shanda Group.
Both LINE Ventures and Shanda Group re-joined this vehicle, having anchored Hustle’s $11.5 million debut fund in 2019.
Hustle Fund targets the pre-seed segment, writing $25,000 first cheques in startups before working alongside the team to determine follow-on rounds. It plans to deploy up to one-third of the fund in Southeast Asian companies in Hong Kong and Australia, among other places, while the remaining will be invested in North American startups.
Farmington, CT (PRWEB) February 17, 2021 Nest Collaborative, the creator of the first virtual lactation consultation platform, announced it has raised $2.1
Not to be outdone, fintech investor Sheel Mohnot shared his own topless selfie in Hawaiian swim trunks and sneakers.
Not everyone was impressed
Other tweets admonished the investor for posting a shirtless selfie on Twitter, the industry s virtual water cooler. 2021 is hard enough let s just not with the shirtless VCs, Kim Taylor, founder and chief executive officer of Cluster, an online marketplace for mechanical and electrical engineers looking for jobs, tweeted. Men of VC: let s stop posting topless photos of ourselves on this website, Hustle Fund cofounder Eric Bahn added.
Chamath adheres to a strict diet and fitness regime
Still, it s hard to knock the routine that s responsible for Palihapitiya s bod, which he also shared in a follow-up tweet.
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