If you follow Southeast Asia funding, you’re probably familiar with iSeed SEA. Some of the startups the fund has invested in since it launched in 2020 include Dat Bike, Skuad and Upmesh. What you might not know, however, is that iSeed SEA is a solo GP fund. Now that solo GP, AngelList alum Wing Vasiksiri, is back with a new fund, called WV Fund II.
The second fund brings Wing Vasiksiri’s total assets under management to $14 million. The core thesis of iSeed SEA and WV Fund II is to close the gap between Southeast Asia and Silicon Valley, since most of Vasiksiri’s network and many of his LPs are in the U.S. This means investing in seed-stage startups from a wide range of sectors, and introducing them to LPs or operators in the U.S., or bringing them onboard as co-investors.
Vasiksiri typically writes checks between $100,000 to $500,000, depending on whether he is the lead investor or not, and the valuation stage of a company.
The 30 startups in Vasiksiri’s portfolio have raised a combined tot …
