Two Washington-based entrepreneurs have set up a fund to concentrate on the seed stage companies which will focus on applications for mobile devices. The Kiwi Venture Partners fund also has a local Washington businessman as one of its founders. The fund, until now, has collected about $2.5 million from its 24 limited partners, including 12 partners from Washington itself. Approximate investment for Limited Partners starts at $25,000 and goes up to $500,000.
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