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. 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. 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.. 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. A detour will be in place with ample signs routing traffic around the work area. For further information, please contact Jillian Scholler at (239) 533-8591 or email at jscholler@leegov.com. Coolidge Ave @Spur A Canal, Arthur Ave @ Spur A Canal, Richmond Ave N. @ Able Canal, Alabama Road @ Racer Canal and Bell Blvd @ Jim Canal. 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). Meriem S. on LinkedIn: We celebrated Jason Ritter with a little team Cleveland Avenue is a Chicago-based venture fund and accelerator that invests in food, beverage, and tech businesses. Please use caution and watch for workers and construction vehicles entering and leaving the roadway. Therefore, motorists and pedestrians are urged to use extra caution in the area. The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. He works at Raulston Venture Capital in Cleveland. This project should be complete by the end of February. The projected start date is January 30, 2023. Don Thompson grew up near Cabrini-Green and went on to lead McDonald's For further questions, please visit the project website at http://corkscrewroadwidening.com or contact Jennifer Dorning by email at Jennifer.Dorning@atkinsglobal.com or by phone at (239) 338-7723. Motorists should expect side road closures from Winkler Avenue to Victoria Avenue throughout the duration of the project. Cleveland Avenue Food and Beverage Fund I General Information. 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. Founded at M.I.T. Cleveland Avenue (Venture Capital) - Wiki | Golden Crews will be installing light poles along the north and south side the road as well as landscaping and irrigation improvements in the median. 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. 4. 30,000 square feet in downtown Chicago dedicated to culinary concept development and consumer validation. Launched in 2016, Benefit Chicago is a collaboration between the John D. and Catherine T. MacArthur Foundation, The Chicago Community Trust, and Calvert Impact Capital. Find top employees, contact details and business statistics at RocketReach. For questions about the project please contact Lehigh Acres Municipal Services Improvement District at 239-368-0044. Chicago-based Venture Capital firm Announces $70 Million CAST US Initiative for Black, Latinx, and Women Entrepreneurs, Cleveland Avenue convenes the Illinois State Treasurer Frerichs, the Walter Family, Benefit Chicago and Impact Investors to empower underrepresented entrepreneurs. Each segment will have most of the construction completed prior to moving to the next segment. Crews are expected to work 7 a.m. to 7 p.m. Fiddlesticks Boulevard at Daniels Parkway and Palomino Lane at Jobe Road/Kings Crossing Road: Lee County DOT will be performing repairs to the Qwick Curb along the centerline of Fiddlesticks Boulevard at Daniels Parkway and Palomino Lane at Jobe Road/Kings Crossing Road. Milling and paving will start Tuesday, January 31st, 2023 and will tentatively go through Friday February 3, 2023. For further information, please contact John Ditty at (239) 744-6503 or jditty@gcmcontracting.com. All Rights Reserved. Copyright 2023 Cleveland Avenue, LLC. Additional information regarding the participants will also be included in the proxy statement/prospectus, when it becomes available. In October 2022, it closed a $11.5 million Series B with investors including Cleveland Avenue State Treasurer Urban Success Fund, Fearless Fund, Kaya Ventures, and Supply Change Capital. https://www.restaurantbusinessonline.com/financing/franchises-navigate-tough-waters-their-bid-growth Start Free Trial . Cleveland Avenue; Cleveland Avenue (investor - Venture Capital) clevelandavenue.com . lane traveling westbound on Alico Road. The outside (right) lane of Eastbound traffic on Bonita Beach Road SW between Meadowlark Lane and Windsor Road will be subject to lane closures. in 2008, Presto is headquartered in Silicon Valley, Calif. with customers including many of the top 20 restaurant chains in the U.S. Drivers, pedestrians, and bicyclists are urged to use extra caution when traveling through the work zone. This project is expected to be completed in summer 2023. Motorists should use caution while driving in the area. MEDIA CONTACTS The curb/sidewalk demo for the entrance to Logistics Drive, between Lee Road and Domestic Avenue off Alico Road will occur between Monday, February 6, 2023 and Tuesday, February 28, 2023 and affect the outside travel Cleveland Avenue launches $70M fund to invest in Chicago's Black For further information, please contact John Dalton at (239) 898-7853. 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. Accelerating growth for businesses and developing entrepreneurs. 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. Besides this work activity, two lanes of two-way travel has been restored ahead of schedule in the Bella Terra driveway. 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. Cleveland Avenue LLC operates as a venture capital investment company. Diversity Spotlight (US Headquarters Only). 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.. 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. Bradanna, Inc. will provide maintenance of traffic services (239) 455-8891. Seed ventures, early stage and private equity deals focused on emerging restaurants, beverages, services, and technologies designed for foodservice and hospitality channels. Bonita Beach Road at US HWY 41 Bonita Springs (ROW2023-00205): Tierra, Inc. will be performing roadway pavement cores beginning Monday, February 27, 2023 and continue through Friday, March 3, 2023. The contractor is Wright Construction. Asphalt pavement sampling will be performed. 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. Cleveland Avenues Chief Financial and Investment Officer, Keith Kravcik, will join Prestos Board. However, Ventoux, Presto, and certain of their directors and executive officers may be deemed to be participants in the solicitation of proxies in connection with the proposed business combination under the rules of the SEC. Edit Lists Featuring This Company Section, Venture Capital Companies With Fewer Than 1000 Employees (Top 10K), Early Stage Venture Investors with Investments in United States, Illinois Companies With Less Than $1B in Revenue (Top 10K). For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. Traffic will be maintained with flagmen. Motorist should use caution and expect some delays when work is active. The projected start date is February 9, 2023. Alico Road Lighting and Landscaping Fort Myers (Lee County #9269): Bentley Lighting and P&T landscaping crews will be on site throughout the project along Alico Road from Ben Hill Griffin Parkway to just east of ITEC, beginning July 26, 2022, until Wednesday, February 24, 2023. 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. The Cleveland Avenue Food Experience is our laboratory and gathering place. For additional information, please contact Sean Whitaker @ 678-247-4933 swhitaker@plateauexcavation.com For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. Bicyclists should expect the bike lane from Stoneybrook Golf Drive to just east of Wildcat Run to be combined with the travel lane while crews work on the north side of the road. The fund is based in Chicago, Illinois. The revised merger terms reflect a pre-money valuation for Presto of $525 million. Cleveland Avenue has 4 portfolio exits. Cleveland Avenue is providing this website, related electronic media and other information only as a convenience for you. Pedestrians are not permitted on the Sanibel Causeway. Starting in June through July of 2023, crews will complete the work from Esplanade to Tarpon Ave under a One Lane Road operation. Drivers, pedestrians and bicyclists should use caution and be aware of construction equipment and vehicles entering/exiting streets in the project area. Acceleration Services A unique team of food and beverage specialists who drive concept growth. When available, these documents can be obtained free of charge from the sources indicated above. That same guidance has also inspired the formation of M7 Holdings, a family investment office that brings together Manna's work in private equity, venture capital and real estate development plus a charitable foundation that's in the works under one . SaaS, Android, Cloud Computing, Medical Device). Lee County DOT will be performing lane maintenance through toll plaza. The Village of Estero has begun construction on the shared use path on the south side of the road from Ben Hill Griffin Parkway to Stoneybrook Golf Drive. Westbound McGregor Boulevard has been reduced to one lane approaching and through the toll plaza. Storm water work outside of sidewalk/travel lanes will be ongoing from Wednesday, January 11, 2023 through Friday, February 24, 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. Established in 2016, Cleveland Clinic Ventures is a corporate venture capital firm headquartered in Cleveland, Ohio. Thanks to Don and Liz, we are thrilled to be able to invest in talented, promising ventures like AYO Foods, Every Body Eat, 86 Repairs, LiftUp Enterprises, DrugViu, Inc., and Gray Matter Analytics through the CAST US fund, said investors Mark and Kimbra Walter. 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). Informed by deep industry intelligence, we bring insight and . The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution. 22 Best & Most Active Cleveland Venture Capitalists (VC) Crews will be working Monday through Saturday from 8:00 AM until 5:00 PM. Cleveland Avenue Food and Beverage Fund I is an early stage venture capital fund managed by Cleveland Avenue. Final Construction is scheduled for the end of July with milling and resurfacing of the roadway, new signs and new pavement markings. 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. The firm prefers to invest in seed-stage, early-stage, and later-stage companies. 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. to south on Country Club Pkwy, east on E 2nd St, south on McArthur Blvd to west on Sentinela Blvd. Please be patient as travel may be slower than usual. Contact Email info@clevelandavenue.com. Founded in 2015, Cleveland Avenue is a venture capital firm based in Chicago, Illinois. Such forward-looking statements are based upon the current beliefs and expectations of our management and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are difficult to predict and generally beyond our control. 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. 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. Cleveland Avenue, the Illinois Growth and Innovation Fund, the Walter Family, Benefit Chicago, private and family foundations, and prominent financial institutions have come together to support a more inclusive venture capital ecosystem and more directly impact Black, Latinx, and women entrepreneurs in Chicago through the CAST US initiative. Solutions. Your communication with us through this website is not privileged or confidential, unless a client relationship has otherwise been established between us and such communication is protected under applicable law. Welcome to Cleveland Avenue LLC- a venture capital firm that strategically consults and Invests in restaurant, food & beverage concepts. The portfolio includes $16 billion in state funds, $15 billion in retirement and college savings plans, and $6 billion on behalf of local and state governments. The project includes adding on-road bike lanes, some sidewalk, installing new drainage, and constructing a wildlife crossing approximately 1000 feet west of the entrance to Cypress Shadows Boulevard. The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. Notable food & beverage companies in Cleaveland Avenue's investment portfolio include: Beyond Meat, Bhakti, Farmwise Foods, and Bright Cellars. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. For additional information, please contact Neil Monkman at (230) 226-1601 Ext. Companies like Cleveland Avenue include S2G Ventures, Millenium Food-Tech, and The House Fund. For further information on MOT, related inquiries please contact Sam Bell at 239-240-9410, sambell@awptraffic.com. It will be necessary to close the roadway in small sections and detour traffic around the work area. Entrepreneurship is one of the surest ways to closing the racial wealth gap, added Dr. Helene D. Gayle, President, and CEO of The Chicago Community Trust. 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. The projected end date is April 30, 2023. MOTORISTS ARE REMINDED TO OBEY THE POSTED SPEED LIMIT OF 20 MPH. CBI websites generally use certain cookies to enable better interactions with our sites and services. By Staff | Feb 23, 2023 Media: Cleaveland Avenue is a venture capital firm and startup accelerator headquartered in Chicago, Illinois, that was founded in 2015 by Don Thompson. For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. As Illinois State Treasurer, Frerichs is the states Chief Investment and Banking Officer and actively manages approximately $37 billion. media@presto.com Sidewalk and Driveway closure along Crystal Drive between 12255 S Cleveland Ave and 2378 Crystal Drive Illinois Growth and Innovation Fund(ILGIF). The work activities above are scheduled to occur, however unforeseen underground conditions and weather may affect this schedule. Beginning April 1, 2021 entrepreneurs interested in learning more about the CAST US initiative can visitClevelandavenue.com/castus. Cleveland Avenue | 4,571 followers on LinkedIn. Among Dom's investors is Cleveland Avenue, the venture firm started by former McDonald's CEO . 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. Iona Rd from Tahitian Dr to Thorton Rd (ROW2022-01012): Pike Electric will be working on the overhead power lines. Motorists should expect turn lane closures and intermittent traffic stops as equipment is removed and replaced. Despite the Cleveland Avenue, startups are often financed by PowerPlant Ventures, DNS Capital, gener8tor. Cleveland Clinic Ventures Investments (23) Company Name Deal Date . A Cleveland Avenue Fund . Crews will be replacing the signal. Iona Road from John Morris Road to Tahitian Drive (ROW2022-00937): Pike Electric will be working on the overhead power lines. Periodic lane closures for eastbound lanes will occur between the hours of 9:00 AM and 3:30 PM on weekdays. Starting on February 1, 2023/February 3, 2023, there will be a two-lane closure on the eastbound middle and righthand lane on Alico Road. The documents filed or that will be filed with the SEC relating to the proposed business combination (when they are available) can be obtained free of charge from the SECs website at www.sec.gov. Cleveland Avenue (investor). Cleveland Avenue makes the information and materials available on this website and all other electronic media for informational purposes only. There will be lane closures in the westbound and eastbound lanes of Bonita Beach Road, southbound lanes of Windsor Road and southbound outside turning lane of US HWY 41. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. Southbound lane along Nalle Road will be subject to temporary daily lane closures. For further information, please contact Jillian Scholler at (239) 533-8591 or email at jscholler@leegov.com. Get the full list, Youre viewing 5 of 241 co-investor. This list is designed to show off the investors with exceptional track records, industry experience and a . For questions, please Contact Rob Radford (239) 229-5980. current Chief Financial Officer, Chief Investment Officer, Keith Kravcik, CBI websites generally use certain cookies to enable better interactions with. Periodic lane closures will occur during the dates provided and as described for travel lanes between 9:00 PM to 6:00 AM nightly, Monday through Sunday. 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. Expect Suwanee Avenue closed on the west side of US 41 / Cleveland Avenue. In addition to factors previously disclosed or that will be disclosed in Ventouxs reports filed with the SEC and those identified elsewhere in this communication, the following factors, among others, could cause actual results and the timing of events to differ materially from the anticipated results or other expectations expressed in the forward-looking statements: (1) the occurrence of any event, change or other circumstances that could give rise to the termination of the merger agreement or could otherwise cause the transactions contemplated therein to fail to close; (2) the outcome of any legal proceedings that may be instituted against Ventoux, Presto, the Company or others following the announcement of the proposed business combination and any definitive agreements with respect thereto; (3) the inability to complete the proposed business combination due to the failure to obtain approval of the stockholders of Ventoux or Presto; (4) the inability of Presto to satisfy other conditions to closing; (5) changes to the proposed structure of the proposed business combination that may be required or appropriate as a result of applicable laws or regulations or as a condition to obtaining regulatory approval of the proposed business combination; (6) the ability to meet stock exchange listing standards in connection with and following the consummation of the proposed business combination; (7) the risk that the proposed business combination disrupts current plans and operations of Presto as a result of the announcement and consummation of the proposed business combination; (8) the ability to recognize the anticipated benefits of the proposed business combination, which may be affected by, among other things, competition, the ability of the Company to grow and manage growth profitably, grow its customer base, maintain relationships with customers and suppliers and retain its management and key employees; (9) the impact of the COVID-19 pandemic on the business of Presto and the Company (including the effects of the ongoing global supply chain shortage); (10) Prestos limited operating history and history of net losses; (11) Prestos customer concentration and reliance on a limited number of key technology providers and payment processors facilitating payments to and by Prestos customers; (12) costs related to proposed business combination; (13) changes in applicable laws or regulations; (14) the possibility that Presto or the Company may be adversely affected by other economic, business, regulatory, and/or competitive factors; (15) Prestos estimates of expenses and profitability; (16) the evolution of the markets in which Presto competes; (17) the ability of Presto to implement its strategic initiatives and continue to innovate its existing products; (18) the ability of Presto to adhere to legal requirements with respect to the protection of personal data and privacy laws; (19) cybersecurity risks, data loss and other breaches of Prestos network security and the disclosure of personal information; and (20) the risk of regulatory lawsuits or proceedings relating to Prestos products or services. For further information, please contact Cole Bryan (863) 268-3941 or via email Jbryan@irbyconstruction.com. Much of the work originally scheduled for this week was rescheduled for the following week to minimize impacts to traffic AFTER the traffic shift occurs. Cleveland Avenue | LinkedIn The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. Crews are expected to work 7:00 AM to 7:00 PM This project is expected to be completed in summer 2023. Presto, Cleveland Avenue, and Ventoux are the perfect partners for this next chapter in the public markets given our joint focus on transforming the restaurant industry using the best next-generation technology, said Krishna K. Gupta, Chairman of Presto and CEO of Remus Capital. Drivers, pedestrians and bicyclists should use caution and be aware of construction equipment and vehicles entering/exiting streets in the project area. 12, or email at neil@andrewsitework.com. Bicyclists are encouraged to utilize another mode of transportation to travel the causeway. 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 . to north on McArthur Blvd., west on E 2nd St to north on Country Club Pkwy to Joel Blvd. 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. Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights platform. 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: . For further information, please contact paving@leegov.com. For further information you can contact Jessie Culpepper at 239-913-9127. 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. 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. The activities will require lane closures between 9:00 PM and 5:00 AM. Frerichs office protects consumers by safeguarding more than $3.5 billion in unclaimed property, encouraging savings plans for college or trade school, increasing financial education among all ages, assisting people with disabilities save without losing government benefits, and removing barriers to a secure retirement. 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. The roadway north and south of the work area will be open to two-way traffic. Each segment will have most of the construction completed prior to moving to the next segment. . Dom's expects to open its first location in Chicago in June. Notable food & beverage companies in Cleaveland Avenue's investment portfolio include. It is a venture capital firm and startup accelerator that is headquartered in, Cleaveland Avenue makes investments in food & beverage companies and restaurant concepts such as Drink (a nonalcoholic beverage bar in. Where the organization is headquartered (e.g. The project will be constructed in three segments. 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. Use the CB Insights Platform to explore Cleveland Avenue's full profile. For further information, please contact Eli Enders at (239) 433-3000. Motorists wishing to access NB Imperial Shores should follow the detour to Imperial River N, to Tarpon Ave. W and travel South on Imperial Shores Blvd. Call (844) 417-2688 with any questions. For further information on MOT, related inquiries please contact Sam Bell at 239-240-9410, sambell@awptraffic.com. CORKSCREW ROAD (ROW2021-00003): Mastec will be working on the power line along the east bound lane of Corkscrew Road, approximately 100 ft east of Three Oaks Parkway, and will require an eastbound lane closure starting on Monday, January 30, 2023 and pole will be completed by Friday, February 10, 2023. Number of Exits 2. The proxy statement/prospectus will be sent to stockholders of Ventoux. investor@presto.com, Brock Strasbourger The bridge locations are: 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.
