Cleaveland Avenue was founded by Don Thompson, former CEO of McDonald's, in 2015. It is a venture capital firm and startup accelerator that is headquartered in Chicago, Illinois. Cleaveland Avenue makes investments in food & beverage companies and restaurant concepts such as Drink (a nonalcoholic beverage bar in New York City, New York), and Somrus (a line of Indian flavoured liqueurs). Notable food & beverage companies in Cleaveland Avenue's investment portfolio include: Beyond Meat, Bhakti, Farmwise Foods, and Bright Cellars.
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Beyond Meat Closes Latest Fundraising Round Led by Don Thompson and Cleveland Avenue, LLC Investment Firm
Beyond Meat raises $55 million from Cleveland Avenue and Tyson Foods to triple production | Nuu
Drink Maple Pulls in $3.9 Million in New Funding Round - BevNET.com
Former McDonald's CEO, Don Thompson, Launches Venture Capital Group Named Cleveland Avenue
Former McDonald’s CEO Is Launching a Food-Focused VC Firm
In 2015, former McDonald's CEO Don Thompson has launched venture capital firm "Cleveland Avenue" which is now focused on liquers inpsired by flavors from India through a company called Somrus.
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