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. He says venture capital dollars are hard to find in northeast Ohio, but insists money is tight everywhere . The projected end date is April 30, 2023. All work will be completed by Lee County DOT Traffic staff and will be completed between 7:00 PM and 5:00 AM on Thursday February 16, 2023. The activities will require lane closures between 9:00 PM and 5:00 AM. Flaggers will assist motorists when necessary. 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. The detour and one-way road on Imperial Shores Blvd. Roadwatch Update View contacts for Cleveland Avenue to access new leads and connect with decision-makers. 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. 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. 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. Despite the Cleveland Avenue, startups are often financed by PowerPlant Ventures, DNS Capital, gener8tor. to east on Joel Blvd. 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. MOT will be provided through ACME Barricades (239)479-5266; DBlack@acmebarricades.com dtanner@acmebarricades.com. We have curated a list of the top Cleveland Venture Capitalists (VC). Martin Luther King Jr. Boulevard. Starting on April 2023 and continuing through May of 2023, crews will resume construction from Little Hickory working their way north to Esplanade Drive. Submitters are 7x more likely to receive a qualified connection. Some of our portfolio brands include Beyond Meat, Farmer's Fridge, Zero Cater, Sustainable . Nalle Grade Road between Slater Road to Nalle Road RPU will be continuing with the installation of the Raw Water Main and Fiber Optics Conduit via directional drill from January 9, 2023 thru March 30, 2023. Beginning April 1, 2021 entrepreneurs interested in learning more about the CAST US initiative can visitClevelandavenue.com/castus. Get the full list, Youre viewing 5 of 241 co-investor. 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. bridge between Crestview Pl & Scenic St, mile south of the Joel Blvd/ Leeland Heights Blvd. ACME Barricades will provide maintenance of traffic services (954) 321-3587. Lane closures will start at 7:00 PM and will end by 5:00 AM daily until complete with section of job. Expect Suwanee Avenue closed on the west side of US 41 / Cleveland Avenue. locations may have flagged and intermittent nightly lane closures from 7:00 PM to 6:00 AM. We are intentionally committed to addressing the capital gap for underrepresented entrepreneurs and underserved communities in Chicago. Where the organization is headquartered (e.g. 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. McGregor Boulevard from Tropicana Drive to Kelly Road (ROW2022-00928): Pike Electric will be working on the overhead power lines. Expect Suwanee Avenue closed on the west side of US 41 / Cleveland Avenue. Bradanna, Inc. will provide maintenance of traffic services (239) 455-8891. The fund is based in Chicago, Illinois. Lack of representation in the industry results in Black, Latinx, and women entrepreneurs struggling to access venture capital support. Cleveland Avenue Food and Beverage Fund I is an early stage venture capital fund managed by Cleveland Avenue. Founders Don Thompson, J. Skyler Fernandes. 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. He works at Raulston Venture Capital in Cleveland. The outside eastbound lane from Saradrienne Lane to Bonita Grande Drive on Bonita Beach Road will be subject to intermittent lane closures from 7:00 PM to 6:00 AM. The projected end date is March 31, 2023. Get the full list, Morningstar Institutional Equity Research. Aquinas Early, on behalf of Cleveland Avenue |aearly@explorefcg.com| 708-420-8570, Angelica Ramirez, on behalf of Cleveland Avenue |aramirez@explorefcg.com|. 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. . The restoration efforts are part of a new underground utility improvements project for Lee County. GL Homes is actively working in their development site across from Wild Blue Boulevard. Get the full list, To view Cleveland Avenues complete exits history, request access, Youre viewing 5 of 26 team members. Lane closures will be limited to between the hours of 9:00pm to 5:00am. Notable food & beverage companies in Cleaveland Avenue's investment portfolio include: Beyond Meat, Bhakti, Farmwise Foods, and Bright Cellars. At the end of February 2023, crews with then open the roadway to two-way traffic while they install drainage pipe and make improvements from Gary Road south to near Bonita Beach Road. 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. 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. For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. Motorists should expect turn lane closures and intermittent traffic stops as equipment is removed and replaced. brock@ventouxccm.com About us. 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. Ongoing through February 28, 2023, from 7:00 AM to 7:00 PM. Please use caution and watch for workers and construction vehicles entering and leaving the roadway. 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. This crossing will coincide with a regional flow-way that crosses Corkscrew Road at that location. A & W Bulb Rd from Gladiolus Drive to McGregor SR 867 (Permit ROW2022-00038): Pike Electric will be working on the overhead power lines. 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. 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 projected end date is March 31, 2023. Please use caution when traveling through the project. Drive-thrus are well-suited for automation. The projected start date is January 30, 2023. Lane closures are not anticipated at this time, but motorists should expect construction vehicles and minor traffic disruptions while construction activities are being performed. Landscaping Tree Trimming. For further information on MOT, related inquiries please contact Sam Bell at 239-240-9410, sambell@awptraffic.com. investor@presto.com, Brock Strasbourger Investment Stage Early Stage Venture. 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. Construction project: Crews will be installing and relocating utilities and constructing medians on US 41/Cleveland Avenue from Winkler Avenue to SR 82. Accelerating growth for businesses and developing entrepreneurs. 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 . For further information, please contact John Dalton at (239) 898-7853. 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. Crews continue driving sheet pile around the causeway islands. For further information you can contact Jessie Culpepper at 239-913-9127. #drivethrutechnology #VoiceAI, 2018-23 Presto Automation Inc. All Rights Reserved. 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. Please use caution and watch for workers and construction vehicles entering and leaving the roadway. Cleaveland Avenue is a venture capital firm and startup accelerator headquartered in Chicago, Illinois, that was founded in 2015 by Don Thompson. 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. This feature is in beta and may change with future updates. This list is designed to show off the investors with exceptional track records, industry experience and a . We are intentionally committed to addressing the capital gap for underrepresented entrepreneurs and underserved communities in Chicago. 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. The Cleveland Avenue Food Experience is our laboratory and gathering place. For further information, please contact John Ditty at (239) 744-6503 or jditty@gcmcontracting.com. In the greater Chicagoland area, Black and Latinx entrepreneurs have 80 percent of their equity capital needs going unmet compared to 46 percent of white business owners, according to a recent study by the consulting firm Next Street. VTAQ is co-sponsored by Ventoux Acquisition Holdings and an affiliate of Chardan Capital International. Cleveland Avenue is an investment group and accelerator, which focuses on building new food, beverage, and restaurant concepts. Asphalt pavement widening, embankment, base rock, concrete curbing, and striping will be performed. The projected end date is April 30, 2023. The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. 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: 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 . For further information, please contact Brian Williams with Pike at (239) 225-8037 or at bwilliams@pike.com. to south on Country Club Pkwy, east on E 2nd St, south on McArthur Blvd to west on Sentinela Blvd. 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). Advice from the late founder of Columbus' Worthington Industries has shaped Tony Manna's approach to business throughout his career. 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. 03 or The project also includes construction of a new bridge over Shadroe Canal, drainage installation, and lighting. Search Crunchbase. Scott Safety, LLC will provide maintenance of traffic services (833) 723-3499. Innovative and equitable solutions like those offered by Cleveland Avenue truly address small businesses needs and provide critical resources for entrepreneurs of color.. Crews will be replacing the signal. Andrew Hayes Work will consist of new water main on the west side of Imperial Shores followed by new drainage pipe & structures, sidewalks, curb & gutter, roadway rebuilding on the east side of Imperial Shores. Crews continue construction of the roadway between Wild Blue Boulevard and The Preserve. 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. Cleveland Avenue, the Illinois Growth and Innovation Fund, the Walter Family, Benefit Chicago, private and family . Motorists will be guided to stop short of the stop bars when leaving these communities to provide space for the trucks to back in along the roadway and deliver limerock to build the road. Additional information regarding the participants will also be included in the proxy statement/prospectus, when it becomes available. intersection will be closed to all through traffic beginning Monday February 20, 2023 for repairs. At that point, work will be performed using One Lane Road operations in shorter sections as crews work their way north. Founded in 2015 by industry veteran Don Thompson, we support entrepreneurs whose innovations are disrupting the norm. Work is expected to be completed by the week of March 6, 2023. Rocketreach finds email, phone & social media for 450M+ professionals. Chrome Extension. 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 projected start date is January 30, 2023. Periodic lane closures for northbound and southbound lanes will occur between the hours of 9:00 PM and 5:00 AM on weekdays. Crews will also install water main from a connection point on the east side of US 41 near 12499 Cleveland Avenue (PDQ). 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 expected project completion is late 2023. Our enterprise-grade voice, vision, and touch technologies help hospitality businesses thrive while delighting guests. The projected start date is February 9, 2023. Traffic will be maintained with flagmen. Motorists should be aware of vehicles entering/exiting the road in this area. Lane closures will occur while work is being performed, Traffic will be maintained with flagmen. For further questions, please contact Jennifer Dorning by email at Jennifer.Dorning@dot.state.fl.us or by phone at (239) 338-7723. All rights reserved. Alico Road (ROW2022-01108): Mastec will be setting a pole on Alico Road just east of Oriole Road and west of Three Oaks Parkway. This communication is not a solicitation of a proxy from any investor or security holder. 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. For further information, please contact Brian Brandfass at (239) 226-1606 Ext. Area Wide Protective will be providing MOT services. A unique team of food and beverage specialists who drive concept growth. 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 . During the work processes, men and equipment may be temporarily in the roadway. Voters in 1848 chose to make it an elected office. Asphalt pavement, concrete sidewalk, concrete curbing, and drainage improvements will be performed. The firm prefers to invest in seed-stage, early-stage, and later-stage companies. World Business Chicago's annual venture summit expands to food innovation, May 25-26, 2022; Over 400 founders, innovators, and investors, will meet to discuss why Chicago is a global food . 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 . Use the CB Insights Platform to explore Cleveland Avenue's full profile. Start Free Trial . The bridge locations are: John Morris Road from McGregor Boulevard, 867, to Iona Road (ROW2022-00927) Pike Electric will be working on the overhead power lines. Please be aware of shifts in travel lanes and bike lanes, sidewalk detours, miscellaneous turn lane closures, and uneven pavement throughout the project. Motorists should use caution, as there will be lane closures and uneven pavement in this area. By continuing to use this site you are consenting to these choices. We do this by making targeted investments with venture capital (VC), growth equity and private venture debt firms with a nexus to the State of Illinois. Please pay attention to our flaggers and maintenance of traffic as patterns may change temporarily. Presto overlays next-gen digital solutions onto the physical world. 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. 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. Motorists and pedestrians are urged to use extra caution in this area. 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. Cleveland Avenue, a food innovation-focused venture capital firm from former McDonald's CEO Don Thompson, has launched a new $70 million fund that will invest in Chicago companies owned by Black . 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. 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. Cleveland Avenue | 4,571 followers on LinkedIn. Drivers are urged to use extra caution when traveling through the work zone. Further, the use of this website, and the sending or receipt of such information and materials, does not create a client relationship between us. 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. 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. US 41/Cleveland Avenue from Winkler Avenue to SR 82/Dr. The project is expected to be completed by spring 2023. 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. Cleveland Avenue LLC is a Venture Capital & Private Equity, and Finance company located in Chicago, Illinois with $9.00 Million in revenue and 63 employees. 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. 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. Cleaveland Avenue was founded by Don Thompson, former CEO of McDonald's, in 2015. This schedule may be subject to change due to inclement weather and unforeseen underground conditions. Working hours shall be from 7:00 AM to 9:00 PM, Monday through Saturday. A $70M initiative that will bridge the capital and resource gap impacting Black, Latinx, and women entrepreneurs in Chicago's South and West Side neighborhoods.
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