Bread & Butter Ventures
Minneapolis, Minnesota, United StatesFounded 2017
Bread & Butter Ventures is an early-stage venture capital firm based in Minneapolis, Minnesota, investing globally in seed-stage startups transforming food technology, digital health, and enterprise SaaS, while leveraging Minnesota's Fortune 500 corporate base for commercial partnerships and customer pilots.
31% of their portfolio is in Healthcare. Deal activity decreased year-over-year (2 deals in the last 12 months vs 5 prior). Their most common stage is seed (56% of deals). Average disclosed round size is $5.2M (across 31 rounds with reported amounts).
Portfolio
29
Fund Size
$40M
Top Stage
Seed
Last 12 Mo
2
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
32 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Snout | Series A | $10M | Jan 2026 |
 Parento | Seed | $5.9M | Sep 2025 |
 NimbleMind | Pre-Seed | $2.5M | Mar 2025 |
| VVoiceCare AI | Seed | $3.9M | Feb 2025 |
 Delfina | Series A | $17M | Jan 2025 |
| DDelfina Care | Series A | — | Jan 2025 |
 Delfina Care | Series A | $17M | Jan 2025 |
| DDucky | Pre-Seed | $2.7M | May 2024 |
 SocialCrowd | Pre-Seed | $1.6M | Feb 2024 |
 Nest Collaborative | Unknown | $6M | Jan 2024 |
 Champion | Seed | $3.3M | Jan 2024 |
 Intellectible | Seed | $3M | Jan 2024 |
 White Balance | Unknown | $1.5M | Jan 2023 |
 OptionsMD | Pre-Seed | $3.8M | Nov 2022 |
 Gabbi | Seed | $4.4M | Oct 2022 |
 Milk Moovement | Series A | $20M | Jul 2022 |
| TTender Food | Seed | $12M | Mar 2022 |
 Clean Crop Technologies | Series A | $6M | Jan 2022 |
 Dispatch Goods | Seed | $3.7M | Dec 2021 |
| SStonehenge Technology Labs | Seed | $2M | Aug 2021 |
 STOPWATCH | Seed | $2M | Aug 2021 |
 Orbiit | Seed | $2.7M | May 2021 |
| Nest Collaborative | Seed | $2.1M | Feb 2021 |
 Itiliti Health | Seed | $2M | Jan 2021 |
| STOPWATCH | Seed | $2M | Jan 2021 |
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Top Co-Investors
Techstars6 shared
Gaingels5 shared
Precursor Ventures4 shared
Story Ventures4 shared
Bonfire Ventures3 shared
Angeles Investors3 shared
Metrodora Ventures3 shared
Boutique Venture Partners3 shared
Tokio Marine Future Fund3 shared
SemperVirens Venture Capital3 shared
Mayo Clinic Ventures3 shared
SpringTime Ventures3 shared
Backstage Capital2 shared
Bumble Fund2 shared
High Alpha2 shared
MCJ2 shared
Plug and Play Tech Center2 shared
Innova Memphis2 shared
Kapor Capital2 shared
Dundee Venture Capital2 shared
Last updated: 8 September 2026