cleveland avenue venture capital cleveland avenue venture capital

bridge between Crestview Pl & Scenic St, mile south of the Joel Blvd/ Leeland Heights Blvd. Southbound will be detoured from Bell Blvd. The projected start date is January 30, 2023. For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. For all other questions please call general foreman Denny Spencer (239)810-9071. The work to complete this change will include installation of Qwick Curb along the centerline of Westgate Boulevard, as well as signing and pavement marking modifications, as needed, to restrict the eastbound and westbound movements to only right turns in and out at the intersection. 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. The project also includes construction of a new bridge over Shadroe Canal, drainage installation, and lighting. This press release is not a substitute for the proxy statement/prospectus. The firm prefers to invest in seed-stage, early-stage, and later-stage companies. The proxy statement/prospectus will be sent to stockholders of Ventoux. For questions about the project please contact Lehigh Acres Municipal Services Improvement District at 239-368-0044. Their latest portfolio exit was Ureeka on September 30, 2022. 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. 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. Cleveland Avenue, the Illinois Growth and Innovation Fund, the Walter Family, Benefit Chicago, private and family . Our diverse team includes specialists that drive growth at all stages, from . 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. 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. Learn more atclevelandavenue.comand follow us onTwitter,LinkedIn, andInstagram. Storm water work outside of sidewalk/travel lanes will be ongoing from Wednesday, January 11, 2023 through Friday, February 24, 2023. The typical case for the fund is to invest in rounds with 3 participants. Learn more atwww.ilgif.com. Crews continue construction of the roadway between Wild Blue Boulevard and The Preserve. 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. For further information, please contact Jillian Scholler at (239) 533-8591 or email at jscholler@leegov.com. 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. Milling and paving will start Tuesday, January 31st, 2023 and will tentatively go through Friday February 3, 2023. The firm prefers to invest in food tech, restaurant, and technology sectors. Motorists should expect a new traffic pattern on Friday morning, February 25. Work is expected to be completed by the week of March 6, 2023. Corporate Venture Capital; (650) 817-9012, Investors: 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. The awards and certifications we receive from customers and industry bodies reflect our continued commitment to excellence. Northbound Bell Blvd. 2. SaaS, Android, Cloud Computing, Medical Device). Alico Road Curb Cut Amazon RSW5 (ROW2022-00853): Plateau Excavation, Inc. will be performing the roadway improvements, indicated as 19 ROW Alico Road on the permit, beginning Monday, January 09, 2023 and continue through Friday, March 17, 2023. The Treasurers Office predates Illinois incorporation in 1818. Asphalt pavement, concrete sidewalk, concrete curbing, and drainage improvements will be performed. locations may have flagged and intermittent nightly lane closures from 7:00 PM to 6:00 AM. Please be aware of the advanced warning signs in these areas. Crews will also install water main from a connection point on the east side of US 41 near 12499 Cleveland Avenue (PDQ). Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. . Chrome Extension. Motorists should use caution while driving in the area. 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. Roadwatch Update It seeks to mobilize $100 million in catalytic capital for nonprofits and social enterprises in Chicago. Iona Road from John Morris Road to Tahitian Drive (ROW2022-00937): Pike Electric will be working on the overhead power lines. Westgate Blvd Their latest investment was in Zerocater as part of their Series C on February 2, 2023. The Village of Estero will be installing shared use paths, lighting, and landscaping as phasing allows. 4. 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. Drivers are urged to use extra caution when traveling through the work zone. Copyright 2023 CB Information Services, Inc. All rights reserved. Informed by deep industry intelligence, we bring insight and discipline to streamline and accelerate businesses. Work times will be from 7:00 AM to 5:00 PM. 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. We are intentionally committed to addressing the capital gap for underrepresented entrepreneurs and underserved communities in Chicago. Ventoux is a special purpose acquisition company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. On heavy haul days, GL Homes will be providing flaggers to reduce backups on Corkscrew Road. The Company invests in restaurant, food, and beverage companies. WORK PERFORMED BY OTHERS: Scotts Safety will be providing all maintenance of traffic services for this project. About Cleveland Avenue, LLC. Innovative and equitable solutions like those offered by Cleveland Avenue truly address small businesses needs and provide critical resources for entrepreneurs of color., Beginning April 1, 2021 entrepreneurs interested in learning more about the CAST US initiative can visitClevelandavenue.com/castus. We are proud to partner with Cleveland Avenue and tap into over 200 years of collective experience across industries to prepare more entrepreneurs in Illinois for initial and follow-on investments. Please use caution when traveling through the project. Lee County DOT will be performing lane maintenance through toll plaza. . 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. Expect Hoople Street closed on the east side of US 41 / Cleveland Avenue. Area Wide Protective will be providing MOT services. Final Construction is scheduled for the end of July with milling and resurfacing of the roadway, new signs and new pavement markings. 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. Learn more. media@presto.com Our enterprise-grade voice, vision, and touch technologies help hospitality businesses thrive while delighting guests. 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. Cleveland Avenue deals with seed ventures, early-stage, and private equity deals focused on emerging . Lehigh Acres Municipal Services District (LAMSID) along with Ajax Paving Industries of FL (contractor) will be resurfacing six bridge locations in Lehigh Acres. Presto overlays next-gen digital solutions onto the physical world. |, https://presto.com/wp-content/uploads/2022/12/presto_voice_homepage_720p_v2.mp4, https://presto.com/wp-content/uploads/2021/12/presto_raj_yahoo_finance_interview_12_2021_720p.mp4, https://presto.com/wp-content/uploads/2021/09/presto_flex_1080p.mp4. He says venture capital dollars are hard to find in northeast Ohio, but insists money is tight everywhere . Imperial Shores will be open to two-way traffic from Bonita Beach Road to Gary Road and from Pine Lake Road to Tarpon Avenue. The projected end date is May 12, 2023. Venture Capitalists (VC) play an important role in the startup ecosystem. Work will be done between the hours of 8:00 PM 4:00 AM. 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. The MOT company will be Scotts Safety and their point of contact will be Clint Scott (239)340-8697. Cleveland Avenue LLC. Westgate Boulevard at 8th Street West: Lee County DOT will be implementing a traffic pattern change at the intersection of Westgate Boulevard and 8th Street West. Motorists should expect side road closures from Winkler Avenue to Victoria Avenue throughout the duration of the project. Crews are expected to work 7 a.m. to 7 p.m. Additional work includes installing drainage structures, pedestrian signals, upgrading signals and lighting, and resurfacing existing highway. Flaggers will assist motorists when necessary. Copyright 2023 Cleveland Avenue, LLC. Description. 03 or Crews will also install water main from a connection point on the east side of US 41 near 12499 Cleveland Avenue (PDQ). This list is designed to show off the investors with exceptional track records, industry experience and a . The project is expected to be completed by spring 2023. Motorists should expect one lane in the Bella Terra exit to be closed Monday, February 20 and Tuesday, February 21. Crews will be working Monday through Saturday from 8:00 AM until 5:00 PM. 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. Real Times Media. Description. 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. Founded by Don and Liz Thompson, Cleveland Avenue is a privately-held venture capital firm that accelerates and strategically invests in innovative food, beverage, and restaurant concepts and emerging brands. Acceleration Services A unique team of food and beverage specialists who drive concept growth. Asphalt pavement widening, embankment, base rock, concrete curbing, and striping will be performed. We have tried to select a variety of different types of investors across a variety of niches. Pedestrians should expect the sidewalk on the south side of the road closed from Ben Hill Griffin Parkway to Stoneybrook Golf Drive while the Village of Estero constructs the shared use path. Starting on January 9, 2023, and continuing through the end of February 2023, Imperial Shores Boulevard will be closed between Gary Road and Pine Lake Road while crews install two (2) large drainage structures with pipe crossing the road and install drainage pipe up too Little Hickory Drive. 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. AI voice assistants can redeploy staff to focus on higher-value tasks while the AI voice assistant greets guests, takes orders, and offers upsells, resulting in higher profits. All work will be completed by Lee County DOT Traffic staff and will be completed between 7:00pm and 5:00am on Thursday March 2, 2023. Informed by deep industry intelligence, we bring insight and . 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 . Cleveland Avenue is a Chicago-based venture fund and accelerator that invests in food, beverage, and tech businesses. 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). 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. Cleaveland Avenue was founded by Don Thompson, former CEO of McDonald's, in 2015. Expect Crawford Street closed on the east side of US 41 / Cleveland Avenue. Advice from the late founder of Columbus' Worthington Industries has shaped Tony Manna's approach to business throughout his career. The projected end date is March 31, 2023. our sites and services. 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. 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. investor@presto.com, Brock Strasbourger The projected end date is March 31, 2023. Investment Stage Early Stage Venture. Angel, Fund of Funds, Venture Capital), This describes the stage of investments made by this organization (e.g. The average startup value when the investment from Cleveland Avenue is 500 millions - 1 billion dollars. 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. to east on Joel Blvd. Some of our portfolio brands include Beyond Meat, Farmer's Fridge, Zero Cater, Sustainable . Get the full list, Morningstar Institutional Equity Research. Please use caution and watch for workers and construction vehicles entering and leaving the roadway. MOT will be provided through ACME Barricades (239)479-5266; DBlack@acmebarricades.com dtanner@acmebarricades.com. 1375 Euclid Avenue, Cleveland, Ohio 44115 (216) 916-6100 | (877) 399-3307 WKSU is a public media service licensed to Kent State University and operated by Ideastream Public Media. 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. 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. The one-lane road operations are estimated to continue through the end of March 2023. Starting on April 2023 and continuing through May of 2023, crews will resume construction from Little Hickory working their way north to Esplanade Drive. 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. The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. Among Dom's investors is Cleveland Avenue, the venture firm started by former McDonald's CEO . By Staff | Feb 23, 2023 Landscaping Tree Trimming. Annualized, pro forma, projected and estimated numbers are used for illustrative purposes only, are not forecasts and may not reflect actual results. 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). #drivethrutechnology #VoiceAI, 2018-23 Presto Automation Inc. All Rights Reserved. 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. Crews are expected to work 7:00 AM to 7:00 PM This project is expected to be completed in summer 2023. For further questions, please contact Jennifer Dorning by email at Jennifer.Dorning@dot.state.fl.us or by phone at (239) 338-7723. Seed ventures, early stage and private equity deals focused on emerging restaurants, beverages, services, and technologies designed for foodservice and hospitality channels. The bridge locations are: The projected start date is February 9, 2023. Project cost is approximately $23 M. The contractor is Cougar Contracting, LLC. Cleveland Avenue is an investment group and accelerator, which focuses on building new food, beverage, and restaurant concepts. For further information, please contact Trevor Bianco at (813) 439-4433 or tbianco@tierraeng.com. 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 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. Cleveland Avenue serves customers in . Founders Don Thompson, J. Skyler Fernandes. Crews will be replacing the signal. MOTORISTS ARE REMINDED TO OBEY THE POSTED SPEED LIMIT OF 20 MPH. Actual results and the timing of events may differ materially from the results anticipated in these forward-looking statements. Motorists should expect construction vehicles pulling in and out of traffic near the driveways of The Preserve at Corkscrew and Bella Terra. Solutions. The information is general in nature and does not constitute advice. By continuing to use this site you are consenting to these choices. The outside (right) lane of Eastbound traffic on Bonita Beach Road SW between Meadowlark Lane and Windsor Road will be subject to lane closures. Innovative and equitable solutions like those offered by Cleveland Avenue truly address small businesses needs and provide critical resources for entrepreneurs of color.. This work will be performed under a One Lane Road Operation. 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. Beginning April 1, 2021 entrepreneurs interested in learning more about the CAST US initiative can visitClevelandavenue.com/castus. 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). This communication is for informational purposes only and is not intended to and shall not constitute a proxy statement or the solicitation of a proxy, consent or authorization with respect to any securities in respect of the proposed business combination and shall not constitute an offer to sell or the solicitation of an offer to buy or subscribe for any securities or a solicitation of any vote of approval, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. Dom's expects to open its first location in Chicago in June. Founded in 2015, Cleveland Avenue is a venture capital firm based in Chicago, Illinois. The projected end date is April 30, 2023. The detour and one-way road on Imperial Shores Blvd. Southbound lane along Nalle Road will be subject to temporary daily lane closures. Investor Type Accelerator, Venture Capital. This project consists of widening Burnt Store Road to four 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. Sidewalk closure at Crystal Drive and 12270 Metro Parkway Call (844) 417-2688 with any questions. The activities will begin on January 3, 2023 and continue until February 17, 2023. For additional information, please contact Victor Menocal at vmenocal@rpucorp.com or (305) 776-8181. John Morris Road from McGregor Boulevard, 867, to Iona Road (ROW2022-00927) Pike Electric will be working on the overhead power lines. PitchBooks data visualizations quickly surface an investors historical investmentsshowing a breakdown of activity by industry, year and region. 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. It will be necessary to close the roadway in small sections and detour traffic around the work area. Starting in June through July of 2023, crews will complete the work from Esplanade to Tarpon Ave under a One Lane Road operation. The projected start date is January 30, 2023. The firm prefers to invest in food tech, restaurant, and technology sectors. Drivers, pedestrians and bicyclists should use caution and be aware of construction equipment and vehicles entering/exiting streets in the project area. Crews will be installing light poles along the north and south side the road as well as landscaping and irrigation improvements in the median. This project should be complete by the end of February. About us. 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. Number of Exits 2. For further information, please contact Eli Enders at (239) 433-3000. The projected end date is April 30, 2023. As Illinois State Treasurer, Frerichs is the states Chief Investment and Banking Officer and actively manages approximately $37 billion. US 41/Cleveland Avenue from Winkler Avenue to SR 82/Dr. Motorists should expect side road closures from Winkler Avenue to Victoria Avenue throughout the duration of the project. The project will be constructed in three segments. 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. Return to Cleveland Avenue Site. The fund invests in companies across the food and beverages and TMT sectors.