Arthur Ventures launches $45m software fund, opening Minneapolis office

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Arthur Ventures

Fargo, North Dakota VC firm Arthur Ventures has closed on their second fund (AVII) and now has $45m in dry powder to put behind tech startups.

“Our goal is to discover the best enterprise software applications and software in healthcare, agriculture and the energy space,” says Arthur Ventures Managing Partner James Burgum.   Arthur is looking at $1-3m per round in startups with “some market traction.”

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