Bread & Butter Ventures

Venture Capital

Bread & Butter Ventures is an early-stage venture capital firm based in Minneapolis, Minnesota, founded in 2017 by Managing Partners Mary Grove and Brett Brohl. The firm invests globally in seed-stage companies while leveraging Minnesota's deep industry networks in food, healthcare, and enterprise sectors. Bread & Butter Ventures backs founders building in three core sectors: food technology (software and hardware across the food value chain, excluding CPG), health tech and vertical SaaS (digital health workflow software and data platforms, excluding FDA-regulated devices and pharmaceuticals), and enterprise technology (supply chain, commerce, and organizational software). The firm closed its fourth fund, a $40 million vehicle, in March 2025, bringing total investments to 66 companies since 2017 across firms like Hungry, Delfina, River Health, Clean Crop Technologies, and Fulcrum.

Minneapolis, United States · 27+ investments

Seed
Early Stage
Pre-Seed
Late Stage
Growth
Education
Robotics
Defense Tech
SaaS
Developer Tools
Healthcare
Artificial Intelligence
Crypto & Web3
AR/VR
Logistics
Fintech
Food & Beverage
Deep Tech
E-Commerce
Transportation
Gaming
PropTech
Insurtech
Climate Tech
Biotech
Cybersecurity
Digital Health
Food Tech
Headquarters
Minneapolis, United States
Founded
2017
AUM
$37.0M
Total Investments
27
Last Investment
Jan 2026
Geographic Focus
United States, Global, Global (based in Minneapolis, Minnesota, with a Minnesota home-field advantage strategy)

Investment Thesis

We invest in companies innovating in three essential backbone sectors of our economy: food/ag tech, health tech, and...

Bread & Butter Ventures is a Venture Capital firm based in Minneapolis, United States. It has made 27 investments in Education and Robotics.

Investment History

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