Minneapolis-based VC shop Bread & Butter focuses on its own backyard

While lots of investors say sheltering in place has actually broadened their cravings for funding business situated outside major centers, one company is doubling down on support start-ups in Americas heartland.
Introduced in 2016 by Brett Brohl, The Syndicate Fund rebranded to Bread & & Butter Ventures previously this month (a recommendation to one of Minnesotas many nicknames). Along with the rebrand, long time Google executive and Revolution partner Mary Grove signed up with the group as a basic partner and Stephanie Rich came aboard as head of platform.
The growth of the Twin Cities startup community is exactly why The Syndicate Fund rebranded. The company, which has $10 million in properties under management, will buy three of Minneapolis greatest strengths: farming and food, healthcare and business software.
Agtech interest spans the whole spectrum from farming to dining establishments and supermarket. The firm is likewise interested in the “unpleasant middle” of supply chain and logistics around food, said Brohl and is interested in a mix of software, hardware and biosciences. Within healthcare, the company assesses solutions focused on prevention versus treatment, female health startups dealing with maternal health and fertility and software focused on the aging population and millennials.
Its likewise taking a look at business software application that can serve big services and scale efficiently.

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