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?? FUND IV ANNOUNCEMENT: $40M TO FUEL INNOVATION ?? With great joy and gratitude, I'm sharing the news of the close of our?Bread and Butter Ventures Fund IV, a $40M vehicle to continue investing in seed stage tech companies across our core verticals of foodtech, digital health and enterprise saas. We're proud to be backed by leading institutional investors including Allina Health, Bernick's, Fifth Third Bank, F. R. Bigelow Foundation, The MSP Equity Fund, Shakopee Mdewakanton Sioux Community (SMSC), Stella, and more. We invest in the future of how we feed ourselves, how we care for one another, and what the future of work looks like -- investing nationally, from the heartland. We're especially fired up about our location and leveraging our "Minnestota homefield advantage" given our home base in a market so concentrated?with F500 and large enterprises. We do this through our Bread & Butter Innovation Circle - a private group for Minnesota business leaders that helps to foster innovation and connections between industry titans and emerging startups in their sectors. Participating companies include 3M, Augeo, Cargill, C.H. Robinson, Ecolab, Hennepin Healthcare, Mayo Clinic, Minnesota Twins, Schwan's Company, Securian Financial, Stella, Target, U.S. Bank, and more. Huge thank you to the founders we are so fortunate to back, thank you to the Limited Partners who are investing capital in this vision, to our co-investor network and ecosystem, and thank you to Brett Brohl, Stephanie Rich, and Anna Willgohs for being tremendous teammates in the journey. I love our team. And thank you to Steve Grove and our kids for cheering us on every step of the way and for inspiring my why. We have invested in 77 companies and look forward to adding to the Bread & Butter family. Here's to the future! Read more in our post here: https://lnkd.in/gAfMskgW #venturecapital #earlystage #seedstage #entrepreneurship