US-41 & Pondella Rd, North Fort Myers: Lee County DOT Traffic will be changing out the traffic signal cabinet at US-41 & Pondella Rd on Wednesday, February 22, 2023 from 9:00 AM to 4:00 PM. Hancock Bridge Parkway CIPP Project, Cape Coral Lee County DOT and their contractor Shenandoah General Construction will begin pipelining activities on Hancock Bridge Pkwy January 3, 2023. Founded in 2015, Cleveland Avenue is a venture capital firm based in Chicago, Illinois. This is anticipated to be completed by the end of March 2023. Area Wide Protective will be providing MOT services. The company is looking to raise roughly $200 million in the stock sale for its portfolio of burger, chicken and sausage replacements, sellin Cleaveland Avenue was founded by Don Thompson, former CEO of McDonald's, in 2015. Cleveland Clinic Ventures Investor Profile: Portfolio & Exits | PitchBook Expect Victoria Avenue closed on the east side of US 41 / Cleveland Avenue. Presto welcomes Cleveland Avenue to our investor syndicate - we could not have found more aligned and strategic investors. Please use caution when traveling through the project. By continuing to use this site you are consenting to these choices. We have curated a list of the top Cleveland Venture Capitalists (VC). Cleveland Avenue | LinkedIn New York (July 26, 2022) Ventoux CCM Acquisition Corp. (Ventoux) (NASDAQ: VTAQ) and Presto today announced revised merger deal terms resulting in a $60 million equity investment alongside approximately $40 million expected from other sources, including $13 million held in Ventouxs trust account assuming no redemptions, into their previously announced business combination which will result in Presto becoming a publicly traded company. The median demo/install will occur between Monday, January 16, 2023 and will affect the inside lanes travelling east and west between Lee Road and Domestic Avenue on Alico Road. Founded by Don Thompson, the former President and CEO of McDonalds Corporation, Cleveland Avenue is a Chicago-based venture capital firm that invests in lifestyle consumer brands and technology companies that positively disrupt large and growing market. Cleveland Avenue is a Chicago-based venture fund and accelerator that invests in food, beverage, and tech businesses. This feature is in beta and may change with future updates. Motorists should expect side road closures from Winkler Avenue to Victoria Avenue throughout the duration of the project. The projected end date is May 12, 2023. Westgate Blvd It is estimated that this detour will remain in place until the end of December 2022 until the new underground drainage is installed up to Pine Lake Rd. Cleveland Avenue - Crunchbase Investor Profile & Investments We want to prove that investing in and supporting Black, Latinx, and women entrepreneurs seeking venture capital support is a very solid growth strategy, said Don Thompson, Founder of Cleveland Avenue. SaaS, Android, Cloud Computing, Medical Device). Drivers, pedestrians, and bicyclists are urged to use extra caution when traveling through the work zone. . Together, we are creating an ecosystem of business development that will make Illinois a hub of innovation with a diverse and talented group of entrepreneurs, Frerichs said. Lehigh Acres Municipal Services District (LAMSID) along with Ajax Paving Industries of FL (contractor) will be resurfacing six bridge locations in Lehigh Acres. The Cleveland Avenue State Treasurer Urban Success Initiative (CAST US) intends to leverage the investment and entrepreneurial development expertise of Cleveland Avenue to support historically underserved entrepreneurs. Copyright 2023 Cleveland Avenue, LLC. Copyright 2023. 22 Best & Most Active Cleveland Venture Capitalists (VC) Besides this work activity, two lanes of two-way travel has been restored ahead of schedule in the Bella Terra driveway. All rights reserved. Bonita Beach Road SW @ Imperial Shores Bonita Springs (ROW 2022-00816): Andrew Sitework LLC will be performing construction on Imperial Shores Blvd starting July 26, 2022, from Bonita Beach Road to Tarpon Avenue. The Village of Estero will be installing shared use paths, lighting, and landscaping as phasing allows. WORK PERFORMED BY OTHERS: He has been with Cleveland Avenue since its inception in September 2015, and has a 30-year career leading financial organizations, including having spent 16 years at McDonalds Corporation. Cleveland Avenue deals with seed ventures, early-stage, and private equity deals focused on emerging . Speeding Porsche driver crashes in ball of flames in Roseville while eluding patrol, is badly hurt, Zerocater Raises $15 Million, Announces Expansion, Evigence Secures $18M in Series B Funding to Expand Commercialization of Freshness Management System, Evigence Raises $18 Million for Food Freshness Tech. Coolidge Ave @Spur A Canal, Arthur Ave @ Spur A Canal, Richmond Ave N. @ Able Canal, Alabama Road @ Racer Canal and Bell Blvd @ Jim Canal. Motorists should expect turn lane closures and intermittent traffic stops as equipment is removed and replaced. Crews will be installing light poles along the north and south side the road as well as landscaping and irrigation improvements in the median. We look forward to continuing to work with the Presto team and our investors in consummating this deal and maximizing value for all stakeholders, said Ed Scheetz, CEO & Chairman of Ventoux. Cleveland Avenue, LLC, a privately-held venture capital firm that accelerates and strategically invests in innovative concepts and emerging brands, is leading an impact initiative to bridge the capital and resource gap for Black, Latinx, and women-owned companies in Chicagos South and West Side neighborhoods. Cleveland Avenue is a Chicago-based venture fund and accelerator that invests in food, beverage, and tech businesses. current Chief Financial Officer, Chief Investment Officer, Keith Kravcik, CBI websites generally use certain cookies to enable better interactions with. About Cleveland Avenue, LLC. The projected start date is October 1, 2022. For additional information, please contact Rhett Tillman at (239) 533-9400 or email at [email protected]. All information set forth herein speaks only as of the date hereof in the case of information about Ventoux and Presto or the date of such information in the case of information from persons other than Ventoux and Presto, and we disclaim any intention or obligation to update any forward-looking statements as a result of developments occurring after the date of this communication. The projected start date is January 30, 2023. Cleaveland Avenue was founded by Don Thompson, former CEO of McDonald's, in 2015. By having a diverse team of business experts and like-minded financial partners, Cleveland Avenue is uniquely positioned to support talented and capable entrepreneurs who have been in the waiting room anxiously seeking their opportunity to grow their businesses., Andrea Zopp has joined Cleveland Avenue as Managing Partner to lead the CAST US initiative. Asphalt pavement widening, embankment, base rock, concrete curbing, and striping will be performed. RESCHEDULED: Crews will be working during the nighttime/overnight hours on Thursday, February 24 to switch traffic to the new lanes. Further, the use of this website, and the sending or receipt of such information and materials, does not create a client relationship between us. Weather may affect start times and dates. During the work processes, men and equipment may be temporarily in the roadway. Cleveland Avenue has 1 fund, including Cleveland Avenue State Treasurers Urban Success Fund. Gunnery Road Then continue east to Austin Street and west under US 41 to the north side of Brantley Road and tie into a connection point between Pine Grove and Brantley Pines driveways. For further information you can contact Jessie Culpepper at 239-913-9127. to south on Country Club Pkwy, east on E 2nd St, south on McArthur Blvd to west on Sentinela Blvd. Corkscrew Road Widening Project Phase I Construction Project: The project widens Corkscrew Road to six lanes from Ben Hill Griffin Parkway to Fire House Lane, and to four lanes from Fire House Lane to Bella Terra Boulevard. locations may have flagged and intermittent nightly lane closures from 7:00 PM to 6:00 AM. Chrome Extension. Beginning 7 a.m. through 5 p.m. Monday February 20 through Saturday February 25, 2023, crews will close sidewalks and driveways for water main crossing. Acceleration Services A unique team of food and beverage specialists who drive concept growth. Forecasts and estimates regarding Prestos industry and end markets are based on sources we believe to be reliable, however there can be no assurance these forecasts and estimates will prove accurate in whole or in part. Cleveland Avenue - CrunchBase For additional information, please contact Sean Whitaker @ 678-247-4933 [email protected] By Staff | Feb 23, 2023 Types of diversity represented in an organization, specifically of those who are founding members, currently the CEO, or have check-writing abilities in an investment firm. Summerlin Road from Bass Road to John Morris Rd (ROW2022-00185): Andrew Sitework LLC will be performing sidewalk replacement, landscaping, Grading and sodding, and irrigation improvements along Summerlin Road from Just east of Bass Road going West to John Morris Road. Motorists should expect intermittent Northbound and Southbound Lane closures during nighttime/overnight hours, weather permitting. MOT will be provided through ACME Barricades (239)479-5266; [email protected] [email protected]. Total number of diversity investments made by an investor, Total number of employee profiles an organization has on Crunchbase, Descriptive keyword for an Organization (e.g. Temporary traffic Control devices will be utilized for pedestrian safety as well as that of the contractors workforce. Martin Luther King Jr. Boulevard. The Cleveland Avenue Food Experience is our laboratory and gathering place. Expect Crawford Street closed on the east side of US 41 / Cleveland Avenue. VTAQ is co-sponsored by Ventoux Acquisition Holdings and an affiliate of Chardan Capital International. In connection with the proposed business combination involving Ventoux and Presto, Ventoux has filed a registration statement, which includes a preliminary proxy statement/prospectus, with the SEC. After a lifetime empowering entrepreneurs and setting the stage to substantially advance more Black, Latinx, and women-owned businesses on the South and West Side of Chicago, Im beyond excited to work alongside Don, Liz, and the entire Cleveland Avenue team to support more inclusive investments, economic development, and job creation in our community.. The Treasurers Office predates Illinois incorporation in 1818. For further information on MOT, related inquiries please contact Sam Bell at 239-240-9410, [email protected]. Sidewalk closure at Crystal Drive and 12270 Metro Parkway The goal of this impact investment effort is to create jobs, build wealth, and tackle other social and economic challenges, with a special focus on communities of color, low-income households,and historically marginalized communities. Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights platform. to north on McArthur Blvd., west on E 2nd St to north on Country Club Pkwy to Joel Blvd. Founded by Don Thompson, the former President and CEO of McDonald's Corporation, Cleveland Avenue is a Chicago-based venture capital firm that invests in lifestyle consumer brands and technology companies that positively disrupt large and growing market. Area Wide Protective will be providing MOT services. Cleveland Avenue LLC: Contact Details and Business Profile Striping Maintenance: Lee County DOT will be performing a moving operation with traffic delays on 2-16-23 through 2-22-23 between the hours of 9:00 a.m. to 4:00 p.m. (weather permitting) on the following roadways: Motorists should expect intermittent northbound and southbound lane closures and detours on US 41/Cleveland Avenue during daytime and nighttime/overnight hours Monday through Friday throughout the duration of the project. Pine Island Emergency Repairs- Between 4274 and 4120 Pine Island Road: Starting Wednesday February 22nd through Friday March 3rd motorists should expect temporary lane closures with flaggers between 7:00 PM and 5:00 AM while conducting underground construction. The projected start date is January 30, 2023. Together, we are creating an ecosystem of business development that will make Illinois a hub of innovation with a diverse and talented group of entrepreneurs, Frerichs said. ILGIF has been at the forefront of increasing equity, diversity, and inclusion within the venture capital ecosystem, with 40% of its committed capital invested with venture capital firms led by women and people of color. Construction project: Crews will be installing and relocating utilities and constructing medians on US 41/Cleveland Avenue from Winkler Avenue to SR 82. Pondella Road Bridge Maintenance Activities: Lee County DOT Contractor, Villafuerte Construction, will perform maintenance activities on the Pondella Road Bridge. The said section of road will be subject to a lane closures with flaggers beginning November 28, 2022 through March 31, 2023 from 7:00 PM through 6:00 AM. This will be a nighttime operation and periodic lane closures for these lanes will occur between the hours of 7 p.m. and 6 a.m. on the weekdays. These documents (when they are available) can also be obtained free of charge from Ventoux upon written request at Ventoux CCM Acquisition Corp., 1 East Putnam Avenue, Floor 4, Greenwich, CT 06830. Many oversized vehicles are crossing the causeway to assist with recovery efforts on the island. The Cleveland Avenue State Treasurer Urban Success Initiative (CAST US) intends to leverage the investment and entrepreneurial development expertise of Cleveland Avenue to support historically underserved entrepreneurs. For further information on MOT, related inquiries please contact Sam Bell at 239-240-9410, [email protected]. The projected start date is February 9, 2023. Angel, Fund of Funds, Venture Capital), General contact email for the organization. ILGIF has been at the forefront of increasing equity, diversity, and inclusion within the venture capital ecosystem with 40 percent of its committed capital invested with venture capital firms led by women and people of color. Therefore, motorists and pedestrians are urged to use extra caution in the area. ACME Barricades will provide maintenance of traffic services (954) 321-3587. McGregor Boulevard from Tropicana Drive to Kelly Road (ROW2022-00928): Pike Electric will be working on the overhead power lines. Our enterprise-grade voice, vision, and touch technologies help hospitality businesses thrive while delighting guests. Since the summer of 2019, Cleveland Avenue, State Treasurer Michael Frerichs, and State Chief Investment Officer Rodrigo Garcia have been in strategic discussions on connecting underrepresented entrepreneurs in under-invested areas in Chicago with capital and business support resources. Turn lanes are currently unavailable at Wild Blue Boulevard, Cypress Shadows Boulevard (The Preserve at Corkscrew), Midnight Blue Boulevard, and Bella Terra Boulevard (eastbound right-turn lane). Materials and information on this website are proprietary in nature belonging to Cleveland Avenue and may only be reproduced in their entirety (without modification) for the individual reader's personal or educational use and must include this notice of our proprietary interest and the prohibition of reproduction. Meriem S. on LinkedIn: We celebrated Jason Ritter with a little team This shift will allow for the next phase of construction of the bridge/wildlife crossing, box culverts, and roadway on the north side (westbound) of the project. Please be patient as travel may be slower than usual. Then install the water main on the south side of Crystal Drive from Plantation Road to US 41 to tie into a connection point on the east side of US 41 just south of Crystal Drive. All Rights Reserved. This project is expected to be completed in summer 2023. Fueling the success of Black, Latinx, and women entrepreneurs by investing in CAST US is a powerful opportunity to fight racial injustice and build a more equitable future in Chicago, said John Palfrey, president of the John D. and Catherine T. MacArthur Foundation,which is supporting a $10 million investment in CAST US through its Benefit Chicago collaboration withThe Chicago Community Trust, Calvert Impact Capital, and other impact investors. Expect Suwanee Avenue closed on the west side of US 41 / Cleveland Avenue. The project is expected to be completed by spring 2023. After a lifetime empowering entrepreneurs and setting the stage to substantially advance more Black, Latinx, and women-owned businesses on the South and West Side of Chicago, Im beyond excited to work alongside Don, Liz, and the entire Cleveland Avenue team to support more inclusive investments, economic development, and job creation in our community.. Cleveland Avenue (investor). Get the full list, Youre viewing 5 of 241 co-investor. lane traveling westbound on Alico Road. A Cleveland Avenue Fund . MOTORISTS ARE REMINDED TO OBEY THE POSTED SPEED LIMIT. It will be necessary to close the roadway in small sections and detour traffic around the work area. For further information, please contact Jillian Scholler at (239) 533-8591 or email at [email protected]. Area Wide Protective will be providing MOT services. At that point, work will be performed using One Lane Road operations in shorter sections as crews work their way north. 12, or email at [email protected]. Cleveland Avenue; Cleveland Avenue (investor - Venture Capital) clevelandavenue.com . For additional information, please contact Neil Monkman at (230) 226-1601 Ext. This south segment from Tropicana Parkway to Pine Island Road costs $13.6 million. For further information on MOT, related inquiries please contact Sam Bell at 239-240-9410, [email protected]. Their latest portfolio exit was Ureeka on September 30, 2022. For further information, please contact Jillian Scholler at (239) 533-8591 or email at [email protected]. A & W Bulb Rd from Gladiolus Drive to McGregor SR 867 (Permit ROW2022-00038): Pike Electric will be working on the overhead power lines. Drivers, pedestrians and bicyclists should use caution and be aware of construction equipment and vehicles entering/exiting streets in the project area. Drivers are urged to use extra caution when traveling through the work zone. , New York), and Somrus (a line of Indian flavoured liqueurs). CBI websites generally use certain cookies to enable better interactions with our sites and services. Additional work includes installing drainage structures, pedestrian signals, upgrading signals and lighting, and resurfacing existing highway. The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. For further information, please contact Brian Williams with Pike at 239-225-8037 [email protected]. Cleveland Avenue has tremendous experience investing in innovative food and technology brands and restaurant operation platforms with an impressive portfolio that includes Beyond Meat, Footprint and Farmers Fridge. Annualized, pro forma, projected and estimated numbers are used for illustrative purposes only, are not forecasts and may not reflect actual results. Notable food & beverage companies in Cleaveland Avenue's investment portfolio include. Bicyclists are encouraged to utilize another mode of transportation to travel the causeway. Founded at M.I.T. Cleveland Avenue is an investment group and accelerator, which focuses on building new food, beverage, and restaurant concepts. [email protected]. Led by Cleveland Avenue, LLC (Cleveland Avenue), the $60 million equity injection will accelerate the deployment of Prestos technology throughout the restaurant industry. Cleveland Avenue, the Illinois Growth and Innovation Fund, the Walter Family, Benefit Chicago, private and family . Traffic will be maintained with flagmen. to east on Joel Blvd. Scott Safety, LLC will provide maintenance of traffic services (833) 723-3499. It is a venture capital firm and startup accelerator that is headquartered in Chicago, Illinois. Gladiolus Drive from A + W Bulb Road to Bass Road; Bass Road from Gladiolus Road to Park Royal Drive (Permit ROW2022-00230): Pike Electric will be working on the overhead power lines. We are intentionally committed to addressing the capital gap for underrepresented entrepreneurs and underserved communities in Chicago. Additional information regarding the participants will also be included in the proxy statement/prospectus, when it becomes available. INVESTORS AND SECURITY HOLDERS AND OTHER INTERESTED PARTIES ARE URGED TO READ THE PROXY STATEMENT/PROSPECTUS AND ANY OTHER RELEVANT DOCUMENTS THAT HAVE BEEN FILED OR WILL BE FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THESE DOCUMENTS, CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT PRESTO, VENTOUX, THE PROPOSED BUSINESS COMBINATION AND RELATED MATTERS. Cleveland Avenue 29 Portfolio companies, 34 Investments, Team #drivethrutechnology #VoiceAI, 2018-23 Presto Automation Inc. All Rights Reserved. Scotts Safety will doing the MOT (Clint Scott at 239-340-8697). Aquinas Early, on behalf of Cleveland Avenue |[email protected]| 708-420-8570, Angelica Ramirez, on behalf of Cleveland Avenue |[email protected]|. This communication contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Informed by deep industry intelligence, we bring insight and . Established by Illinois Treasurer Frerichs, the Illinois Growth and Innovation Fund (ILGIF) is an evergreen, $1 billion impact investment fund that will invest in ways to attract, assist and retain quality technology-enabled businesses in Illinois. . Established in 2016, Cleveland Clinic Ventures is a corporate venture capital firm headquartered in Cleveland, Ohio. The expected project completion is late 2023. Road Work/Maintenance/Improvement The information is general in nature and does not constitute advice. . We are intentionally committed to addressing the capital gap for underrepresented entrepreneurs and underserved communities in Chicago. Cleveland Avenue is providing this website, related electronic media and other information only as a convenience for you. Tags: BBChicago, Black Business, BlackEntrepreneur, BlackOwned, BlackOwnedBusiness, Dsanders, SmallBusiness, Support Small Business, SupportBlackBusiness. Companies like Cleveland Avenue include S2G Ventures, Millenium Food-Tech, and The House Fund. Founded by Don and Liz Thompson, Cleveland Avenue (CA) is a privately-held venture capital firm that invests in, builds and extends brands across a range of companies, industries and . Ovation Brands, SUPERVALU, and McDonald's, Chief Financial Officer, Chief Investment Officer. When Don Thompson stepped down from his role as the first Black CEO at McDonald's in 2015, he launched Cleveland Avenue, a Chicago-based venture capital firm that has invested millions in fast . To the extent that holdings of Ventouxs securities have changed since the amounts included in Ventouxs most recent annual report, such changes have been or will be reflected on Statements of Change in Ownership on Form 4 filed with the SEC. Beyond Meat, the meat replacement company whose packages of Beyond Burgers line grocery store aisles across America, has filed for an initial public offering. The projected end date is March 31, 2023. Lane closures will be limited to between the hours of 9:00pm to 5:00am. This work will be performed under a One Lane Road Operation. Cleveland Avenue deals with seed ventures, early-stage, and private equity deals focused on emerging restaurants, beverages, services, and technologies designed for foodservice and hospitality channels. CHICAGO, IL (March 3, 2021) - Cleveland Avenue, LLC, a privately-held venture capital firm that accelerates and strategically invests in innovative concepts and emerging brands, is leading an impact initiative to bridge the capital and resource gap for Black, Latinx, and women-owned companies in Chicago's South and West Side neighborhoods. Operating Status Active. Frerichs and Garcia are making the largest investment to date from the Illinois Growth and Innovation Fund (ILGIF), committing $16 million to foster a more inclusive venture capital ecosystem and directly impact underserved low-income communities and underinvested business entrepreneurs in Chicago. Please contact 239-936-9444 with any questions or concerns. RESCHEDULED: During the nighttime/overnight hours on Thursday, February 23, motorists are urged to plan extra time when using the Stoneybrook Golf Drive intersection. Voters in 1848 chose to make it an elected office. The revised merger terms reflect a pre-money valuation for Presto of $525 million. CHICAGO, IL (March 3, 2021)- Cleveland Avenue, LLC, a privately-held venture capital firm that accelerates and strategically invests in innovative concepts and emerging brands, is leading an impact initiative to bridge the capital and resource gap for Black, Latinx, and women-owned companies in Chicagos South and West Side neighborhoods. For further information on MOT, related inquiries please contact Sam Bell at (239)240-9410, [email protected]. Sanibel Causeway Emergency Restoration: As a part of the Florida Department of Transportations (FDOT) Emergency Restoration of the Sanibel Causeway, crews continue work on McGregor Boulevard and the Sanibel Causeway from Port Comfort Road to Sanibel Island. Actual results and the timing of events may differ materially from the results anticipated in these forward-looking statements. Cleveland Avenue is providing this website, related electronic media and other information only as a convenience for you. The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. Cleveland Avenue launches $70M fund to invest in Chicago's Black

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