Bread and Butter Ventures

Bread and Butter Ventures is an early-stage venture capital firm strategically located in Minneapolis, Minnesota, positioning itself at the nexus of innovation within the Midwest while maintaining a national investment outlook. The firm is dedicated to supporting groundbreaking companies, primarily focusing on sectors critical to the region's economic strengths and future growth. Their investment thesis is centered on leveraging the unique resources and talent pools available in the heartland, aiming to bridge the gap between traditional industries and cutting-edge technological advancements.

The firm's investment strategy is highly specialized, targeting Seed and Series A stage companies across four core verticals: Food, Agriculture, Health, and Enterprise Technology. This focused approach allows Bread and Butter Ventures to provide deep industry expertise and a robust network to its portfolio companies. They seek out startups that are not only innovative but also possess strong potential for scalability and market disruption within these key sectors. Their commitment extends beyond capital, offering strategic guidance and operational support to help early-stage ventures navigate complex market landscapes.

Bread and Butter Ventures has demonstrated significant growth in its funding capacity, successfully closing two dedicated funds. Their inaugural fund, Fund I, raised $25 million, which was deployed to support a diverse cohort of early-stage companies. Building on this success, the firm closed its second fund, Fund II, in 2023, securing an impressive $50 million. This brings their total assets under management to $75 million across both funds, enabling them to expand their investment reach. Typically, Bread and Butter Ventures' initial check sizes range from $250,000 to $1.5 million, with additional capital reserved for follow-on investments as portfolio companies achieve key milestones.

With over 50 investments made to date, Bread and Butter Ventures has established itself as a significant player in the early-stage venture ecosystem, particularly for companies with a connection to or interest in the Midwest. Their approach emphasizes building strong, collaborative relationships with founders, providing not just financial backing but also strategic partnership. The firm's dedication to fostering innovation in vital sectors underscores its role in shaping the next generation of industry leaders.