Bread & Butter Ventures is an early-stage venture capital firm based in Minneapolis, Minnesota. Leveraging the state's rich legacy of innovation and strong corporate connections, the firm invests globally while utilizing local industry expertise to benefit its portfolio companies.
The firm concentrates on seed-stage startups across three primary sectors:
In March 2025, Bread & Butter Ventures announced the close of its fourth fund, raising $40 million to invest in seed-stage startups within its core sectors. This fund aims to support companies going to market in North America.
Leadership
The firm is led by Managing Partners Brett Brohl and Mary Grove. Brett Brohl has experience as an entrepreneur and mentor, previously serving as Managing Director of the Techstars Farm to Fork Accelerator. Mary Grove brings nearly two decades of experience in technology and early-stage investing, having previously led Google for Startups.
Investment Strategy
Bread & Butter Ventures employs a proactive approach, seeking bold ideas and supporting entrepreneurs aiming to change the world. The firm emphasizes transparency, empathy, and data-driven decision-making, while leveraging Minnesota's strong corporate connections and industry expertise.
Notable Investments
The firm's portfolio includes companies such as YourPath and Omnia Fishing.
Notable Exits
Bread & Butter Ventures has had several portfolio exits, including the acquisition of ShearShare in November 2024.
