
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.
Deal activity decreased year-over-year (1 deal in the last 12 months vs 9 prior). Their most common stage is seed (69% of deals). Average disclosed round size is $4.5M (across 41 rounds with reported amounts).
Portfolio
34
Fund Size
$40M
Top Stage
Seed
Last 12 Mo
1
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
42 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| Series A | $10M | Jan 2026 | |
| Seed | $5.9M | Sep 2025 | |
| VVoiceCare | Seed | $4.5M | Jun 2025 |
| Series A | $4M | May 2025 | |
| Seed | $4M | Apr 2025 | |
| Pre-Seed | $2.5M | Mar 2025 | |
| VVoiceCare AI | Seed | $3.9M | Feb 2025 |
| Series A | $17M | Jan 2025 | |
| DDelfina Care | Series A | — | Jan 2025 |
| Seed | $2.5M | Nov 2024 | |
| Pre-Seed | $2.7M | May 2024 | |
| Pre-Seed | $1.6M | Feb 2024 | |
| Unknown | $6M | Jan 2024 | |
| Seed | $3.3M | Jan 2024 | |
| Seed | $3M | Jan 2024 | |
| Unknown | $1.5M | Jan 2023 | |
| Seed | $2.4M | Jan 2023 | |
| Pre-Seed | $3.8M | Nov 2022 | |
| Seed | $4.4M | Oct 2022 | |
| Series A | $20M | Jul 2022 | |
| Seed | $12M | Mar 2022 | |
| Seed | $12M | Mar 2022 | |
| Series A | $6M | Jan 2022 | |
| Seed | $3.7M | Dec 2021 | |
| SStonehenge | Seed | $2M | Aug 2021 |
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Top Co-Investors
Techstars9 shared
Gaingels9 shared
Bonfire Ventures7 shared
Angeles Investors7 shared
Precursor Ventures4 shared
Mayo Clinic4 shared
Goodwater Capital4 shared
Story Ventures4 shared
SpringTime Ventures4 shared
MCJ3 shared
Plug and Play Tech Center3 shared
U.S. Venture Partners3 shared
VC 4142 shared
Backstage Capital2 shared
Bumble Fund2 shared
High Alpha2 shared
Matchstick Ventures2 shared
Lowercarbon Capital2 shared
Rhapsody Venture Partners2 shared
Safar Partners2 shared
Last updated: 20 October 2026