Atco, Bernick’s and Toyota Ventures were among the LPs in the venture firm’s Fund III, which will concentrate on enterprise software, food and health technology developers.

US-based venture capital firm Bread and Butter Ventures launched a $27m third fund on Tuesday featuring limited partners including logistics group Atco, brewery Bernick’s and carmaker Toyota.

Charitarian Foundation, Dunn Family Office, FR Bigelow Foundation, Revolution Ventures, Stella and Tonkawa also committed to the fund, as did Daren Cotter, Jill Gwaltney, Amy Langer and Chris and Crystal Sacca, while Toyota was represented by its Toyota Ventures unit.

Founded in 2017, Bread and Butter Ventures targets seed-stage entrepreneurs based in the…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.