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. Residents are entering and exiting communities on both sides of Corkscrew Road. Cleveland Avenue is an American food investor, backing seed ventures, early stage and private equity deals focused on emerging restaurants, beverages, services, and technologies designed for foodservice and hospitality channels. Accelerating growth for businesses and developing entrepreneurs. 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 Lane closures are not anticipated at this time, but motorists should expect construction vehicles and minor traffic disruptions while construction activities are being performed. 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 . 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. For further information on MOT, related inquiries please contact Sam Bell at (239)240-9410, sambell@awptraffic.com. 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. Motorists should expect turn lane closures and intermittent traffic stops as equipment is removed and replaced. Copyright 2023 Cleveland Avenue, LLC. 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. Area Wide Protective will be providing MOT services. The firm prefers to invest in seed-stage, early-stage, and later-stage companies. Crews are expected to work 7:00 AM to 7:00 PM This project is expected to be completed in summer 2023. Tags: BBChicago, Black Business, BlackEntrepreneur, BlackOwned, BlackOwnedBusiness, Dsanders, SmallBusiness, Support Small Business, SupportBlackBusiness. Cleveland Avenue has 3 team members, including current Chief Financial Officer, Chief Investment Officer, Keith Kravcik. Venture Capitalists (VC) play an important role in the startup ecosystem. For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. The projected start date is September 19, 2022. Diversity Spotlight (US Headquarters Only). By continuing to use this site you are consenting to these choices. Asphalt pavement, concrete sidewalk, concrete curbing, and drainage improvements will be performed. Voters in 1848 chose to make it an elected office. Angel, Fund of Funds, Venture Capital), General contact email for the organization. This south segment from Tropicana Parkway to Pine Island Road costs $13.6 million. Drive-thrus are well-suited for automation. View contacts for Cleveland Avenue to access new leads and connect with decision-makers. Landscaping Tree Trimming. 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. Cleveland Avenue acquired 1 company. brian@andrewssitework.com. Angel, Fund of Funds, Venture Capital), This describes the stage of investments made by this organization (e.g. 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 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. Cleveland Avenue | LinkedIn For further information, please contact John Dalton at (239) 898-7853. Drivers, pedestrians, and bicyclists are urged to use extra caution when traveling through the work zone. Lane closures will start at 7:00 PM and will end by 5:00 AM daily until complete with section of job. Black Female Founders Raise Millions in Venture Capital - Business Insider Ventoux CCM and Presto Automation Announce $100 Million Raise Many oversized vehicles are crossing the causeway to assist with recovery efforts on the island. lane traveling westbound on Alico Road. 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. Cleveland Avenue is a Chicago-based venture fund and accelerator that invests in food, beverage, and tech businesses. Founded at M.I.T. For questions, please contact Kris Cella at (239) 337-1071. The MOT company will be Scotts Safety and their point of contact will be Clint Scott (239)340-8697. Cleveland Avenue Crews continue construction of the roadway between Wild Blue Boulevard and The Preserve. Expect Hoople Street closed on the east side of US 41 / Cleveland Avenue. Informed by deep industry intelligence, we bring insight and discipline to streamline and accelerate businesses. 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. Scotts Safety will doing the MOT (Clint Scott at 239-340-8697). Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights platform. 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 . On heavy haul days, GL Homes will be providing flaggers to reduce backups on Corkscrew Road. The investment approach is cautious to ensure the preservation of capital. For further information on MOT, related inquiries please contact Sam Bell at 239-240-9410, sambell@awptraffic.com. Expect Victoria Avenue closed on the east side of US 41 / Cleveland Avenue. Companies like Cleveland Avenue include S2G Ventures, Millenium Food-Tech, and The House Fund. The activities will require lane closures between 9:00 PM and 5:00 AM. Please be aware of the advanced warning signs in these areas. 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. Use the CB Insights Platform to explore Cleveland Avenue's full profile. The project is expected to be completed by spring 2023. The bridge locations are: Cleveland Avenue, the Illinois Growth and Innovation Fund, the Walter Family, Benefit Chicago, private and family . The expected project completion is late 2023. The restoration efforts are part of a new underground utility improvements project for Lee County. Crews continue work on the 10-foot-high fence that will be used to funnel the wildlife to cross safely under Corkscrew Road. Notable food & beverage companies in Cleaveland Avenue's investment portfolio include. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. Description. Crews continue striping, limerock, curb and gutter, and guardrail installation throughout the project to facilitate this switch. Cleveland Avenue General Information. Learn more atclevelandavenue.comand follow us onTwitter,LinkedIn, andInstagram. Active, Closed, This describes the type of investor this organization is (e.g. Cleveland Avenue Portfolio Investments, Cleveland Avenue Funds 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 Email Formats & Employee Phones Venture Capital The proxy statement/prospectus will be sent to stockholders of Ventoux. Ample signs will be in place to safely guide traffic around the work area. Crews are expected to work 7 a.m. to 7 p.m. Cleaveland Avenue was founded by Don Thompson, former CEO of McDonald's, in 2015. He works at Raulston Venture Capital in Cleveland. When available, these documents can be obtained free of charge from the sources indicated above. The project also includes construction of a new bridge over Shadroe Canal, drainage installation, and lighting. The one-lane road operations are estimated to continue through the end of March 2023. 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. Information about Ventouxs directors and executive officers and their ownership of Ventouxs securities is set forth in filings with the SEC, including Ventouxs annual report on Form 10-K filed with the SEC on February 23, 2022. Motorist should use caution and expect some delays when work is active. 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. During the work processes, men and equipment may be temporarily in the roadway. Beyond Meat Closes Latest Fundraising Round Led by Don Thompson and Cleveland Avenue, LLC Investment Firm, http://www.iptv.org/mtom/story/28973/beyond-meat-closes-latest-fundraising-round-led-don-thompson-and-cleveland-avenue, Beyond Meat raises $55 million from Cleveland Avenue and Tyson Foods to triple production | Nuu, http://biofuelsdigest.com/nuudigest/2017/12/13/beyond-meat-raises-55-million-from-cleveland-avenue-and-tyson-foods-to-triple-production/, Drink Maple Pulls in $3.9 Million in New Funding Round - BevNET.com, https://www.bevnet.com/news/2017/drinkmaple-works-close-new-funding-round, Former McDonald's CEO, Don Thompson, Launches Venture Capital Group Named Cleveland Avenue, https://www.blackentrepreneur.com/former-mcdonalds-ceo-don-thompson-launches-venture-capital-group-named-cleveland-avenue/, Former McDonalds CEO Is Launching a Food-Focused VC Firm, https://www.americaninno.com/chicago/former-mcdonalds-ceo-is-launching-a-food-focused-vc-firm/. 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. Drivers, pedestrians and bicyclists should use caution and be aware of construction equipment and vehicles entering/exiting streets in the project area. The work activities above are scheduled to occur, however unforeseen underground conditions and weather may affect this schedule. Such statements include, but are not limited to, statements about future financial and operating results, plans, objectives, expectations and intentions with respect to future operations, products and services and expectations regarding the proposed business combination between Presto and Ventoux; and other statements identified by words such as will likely result, are expected to, will continue, is anticipated, estimated, believe, intend, plan, projection, outlook or words of similar meaning. This communication contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. 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. Actual results and the timing of events may differ materially from the results anticipated in these forward-looking statements. 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. https://www.restaurantbusinessonline.com/financing/franchises-navigate-tough-waters-their-bid-growth Cleveland Avenue LLC. Andrew Hayes Traffic will be maintained with flagmen. Cleveland Avenue Food and Beverage Fund I - PitchBook For all other questions please call general foreman Denny Spencer (239)810-9071. Area Wide Protective will be providing MOT services. 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. This press release is not a substitute for the proxy statement/prospectus. 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. 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. This project is expected to be completed in summer 2023. About us. Cleveland Avenue - CrunchBase Crews continue earthwork on the causeway islands. This feature is in beta and may change with future updates. Final Construction is scheduled for the end of July with milling and resurfacing of the roadway, new signs and new pavement markings. For further information on MOT, related inquiries please contact Sam Bell at (239)240-9410, sambell@awptraffic.com. Notable food & beverage companies in Cleaveland Avenue's investment portfolio include: Beyond Meat, Bhakti, Farmwise Foods, and Bright Cellars. For questions about the project please contact Lehigh Acres Municipal Services Improvement District at 239-368-0044. 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 . 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. Both northbound and southbound lanes of Buckingham Road will be subject to lane closures during nighttime milling and paving operations. Copyright 2023. 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. Cleveland Avenue deals with seed ventures, early-stage, and private equity deals focused on emerging . Cleaveland Avenue is a venture capital firm and startup accelerator headquartered in Chicago, Illinois, that was founded in 2015 by Don Thompson. to north on McArthur Blvd., west on E 2nd St to north on Country Club Pkwy to Joel Blvd. 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. 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. This list is designed to show off the investors with exceptional track records, industry experience and a . We have curated a list of the top Cleveland Venture Capitalists (VC). Drivers are urged to use extra caution when traveling through the work zone. The MOT/TTC will be provided by Southwest Utility Systems. Project cost is approximately $23 M. The contractor is Cougar Contracting, LLC. Scott Safety, LLC will provide maintenance of traffic services (833) 723-3499. Our enterprise-grade voice, vision, and touch technologies help hospitality businesses thrive while delighting guests. 30,000 square feet in downtown Chicago dedicated to culinary concept development and consumer validation. 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 regarding this project please contact Andrew Sitework, LLC at 239-226-1606 or chad@andrewsitework.com 2. Bradanna, Inc. will provide maintenance of traffic services (239) 455-8891. For further information, please contact Eli Enders at (239) 433-3000. Motorists and pedestrians are urged to use extra caution in this area. 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. Please pay attention to our flaggers and maintenance of traffic as patterns may change temporarily. Corporate Venture Capital; PitchBooks data visualizations quickly surface an investors historical investmentsshowing a breakdown of activity by industry, year and region. Weather may affect start times and dates. Presto overlays next-gen digital solutions onto the physical world. 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. The awards and certifications we receive from customers and industry bodies reflect our continued commitment to excellence. Therefore, motorists and pedestrians are urged to use extra caution in the area. 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). 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.. Iona Road from John Morris Road to Tahitian Drive (ROW2022-00937): Pike Electric will be working on the overhead power lines. Seed ventures, early stage and private equity deals focused on emerging restaurants, beverages, services, and technologies designed for foodservice and hospitality channels. Among Dom's investors is Cleveland Avenue, the venture firm started by former McDonald's CEO . Their latest investment was in Zerocater as part of their Series C on February 2, 2023. Motorists should expect construction vehicles pulling in and out of traffic near the driveways of The Preserve at Corkscrew and Bella Terra. Not only do they know the industry inside out, they share our vision for transforming physical industries with advanced digital automation, said Rajat Suri, Founder and CEO of Presto. 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. For additional information, please contact Sean Whitaker @ 678-247-4933 swhitaker@plateauexcavation.com The average startup value when the investment from Cleveland Avenue is 500 millions - 1 billion dollars. 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. Periodic lane closures for eastbound lanes will occur between the hours of 9:00 AM and 3:30 PM on weekdays. Find top employees, contact details and business statistics at RocketReach. Pondella Road Bridge Maintenance Activities: Lee County DOT Contractor, Villafuerte Construction, will perform maintenance activities on the Pondella Road Bridge. The projected end date is April 30, 2023. Please contact 239-936-9444 with any questions or concerns. Starting in June through July of 2023, crews will complete the work from Esplanade to Tarpon Ave under a One Lane Road operation. This communication is not a solicitation of a proxy from any investor or security holder. Lee County DOT will be performing lane maintenance through toll plaza. 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. 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. Lehigh Acres Municipal Services District (LAMSID) along with Ajax Paving Industries of FL (contractor) will be resurfacing six bridge locations in Lehigh Acres. 2023 PitchBook. For more project information please contact the Citys public information consultant, Cella Molnar & Associates, Inc. at 239-337-1071 or via e-mail to thayden@cella.cc. Westbound McGregor Boulevard has been reduced to one lane approaching and through the toll plaza. 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. Founders Don Thompson, J. Skyler Fernandes. Presto overlays next-gen digital solutions onto the physical world. Founded in 2015, Cleveland Avenue is a venture capital firm based in Chicago, Illinois. Please be aware of shifts in travel lanes and bike lanes, sidewalk detours, miscellaneous turn lane closures, and uneven pavement throughout the project. You can read more about your. 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). Work will be done between the hours of 8:00 PM 4:00 AM. 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. Storm water work outside of sidewalk/travel lanes will be ongoing from Wednesday, January 11, 2023 through Friday, February 24, 2023. 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.

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