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Cleveland Avenue

Cleveland Avenue

GeneralistChicago, United StatesActiveWebsite
Stage FocusSeed, Series A, Series B+
GeographyUS
TypeVC
Last Activity2025
Industry Focus
Industries
AgriTechAI Infrastructure
Technical BenchLimited
Investor TypeDeepTech Specialist
ExposureSome DeepTech Investments
Bio

Cleveland Avenue is a Chicago food and agtech VC founded in 2015 by Don Thompson, former McDonald's CEO. The portfolio spans 77 total investments. The CAST US fund ($70M) carries a strong DEI mandate: 75% Black/Hispanic founders, 75% Chicago South/West Side, and 50% women.

The focus is food and beverage, AgTech, consumer goods, and health/wellness technology. Notable portfolio companies include F...

Notable Investments
F
Farmer's Fridge
P
PreciTaste
H
Hero

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