Cleveland Avenue

Chicago, United States ยท Generalist
Tier 2 Industrial

Bio

Cleveland Avenue is a Chicago-based food, beverage, and consumer technology fund founded in 2015 by Don Thompson, former CEO of McDonald's. The CAST US fund stands at $70M with a DEI mandate covering Black and Hispanic founders, Chicago South and West Side founders, and women. The 77-company portfolio spans agtech, restaurant tech, robotics and AI, software services, and consumer goods. Named positions include Aigen (solar agricultural robotics), Eliyan (semiconductor chiplet interconnects), PreciTaste, and Farmer's Fridge.

Industries

AgriTechAI Infrastructure

Stages

SeedSeries A

Geography

US

Notable investments

  • Farmer's Fridge
  • PreciTaste
  • Hero