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. 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. Start Free Trial . Find top employees, contact details and business statistics at RocketReach. 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. Where the organization is headquartered (e.g. Additional work includes installing drainage structures, pedestrian signals, upgrading signals and lighting, and resurfacing existing highway. The information is general in nature and does not constitute advice. Cleveland Avenue makes the information and materials available on this website and all other electronic media for informational purposes only. 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. This is anticipated to be completed by the end of March 2023. 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. Ovation Brands, SUPERVALU, and McDonald's, Chief Financial Officer, Chief Investment Officer. 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. The Cleveland Avenue Food Experience is our laboratory and gathering place. By Staff | Feb 23, 2023 Innovative and equitable solutions like those offered by Cleveland Avenue truly address small businesses needs and provide critical resources for entrepreneurs of color.. Motorists should expect turn lane closures and intermittent traffic stops as equipment is removed and replaced. Accelerating growth for businesses and developing entrepreneurs. After having served as President of World Business Chicago, Zopp is applying her mix of corporate, civic, and social impact experiences to support these promising entrepreneurs. 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. New York (July 26, 2022) Ventoux CCM Acquisition Corp. (Ventoux) (NASDAQ: VTAQ) and Presto today announced revised merger deal terms resulting in a $60 million equity investment alongside approximately $40 million expected from other sources, including $13 million held in Ventouxs trust account assuming no redemptions, into their previously announced business combination which will result in Presto becoming a publicly traded company. Bridge Maintenance The projected end date is March 31, 2023. Landscaping Tree Trimming. Cleveland Avenue (investor). You can read more about your. Please be patient as travel may be slower than usual. 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. 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. For further information, please contact Jillian Scholler at (239) 533-8591 or email at jscholler@leegov.com. Cleveland Avenue, Food Retail Ventures, Landa Ventures, and Planet Capital, AgFunder, Autotech Ventures, Cavallo Ventures, Cleveland Avenue, DCVC, Future Ventures, and SeaX Ventures. Crystal Drive (Plantation Road to US 41) Water Main Improvements (ROW 2022-00020): Beginning April 4, 2022, contractors for Lee County will install new water main beginning on the west side of Planation Road just south of the roundabout with Crystal Drive. 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.. 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 typical case for the fund is to invest in rounds with 3 participants. 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. Cleveland Avenue is an investment group and accelerator, which focuses on building new food, beverage, and restaurant concepts. The causeway islands surrounding the temporary roadway are an active work zone and are currently closed for public access. All rights reserved. INVESTORS AND SECURITY HOLDERS AND OTHER INTERESTED PARTIES ARE URGED TO READ THE PROXY STATEMENT/PROSPECTUS AND ANY OTHER RELEVANT DOCUMENTS THAT HAVE BEEN FILED OR WILL BE FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THESE DOCUMENTS, CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT PRESTO, VENTOUX, THE PROPOSED BUSINESS COMBINATION AND RELATED MATTERS. 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. Crews will work on the west side of the road initially and when that work is completed, they will shift to the east side of Cleveland Avenue/US 41. Voters in 1848 chose to make it an elected office. For further information on MOT, related inquiries please contact Sam Bell at 239-240-9410, sambell@awptraffic.com. For further information, please contact Cole Bryan (863) 268-3941 or via email Jbryan@irbyconstruction.com. Cleveland Avenue Investor Profile: Portfolio & Exits | PitchBook Construction project: Crews will be installing and relocating utilities and constructing medians on US 41/Cleveland Avenue from Winkler Avenue to SR 82. Get the full list, Morningstar Institutional Equity Research. The projected end date is May 12, 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. The revised merger terms reflect a pre-money valuation for Presto of $525 million. The MOT company will be Scotts Safety and their point of contact will be Clint Scott (239)340-8697. About Cleveland Avenue, LLC. As Illinois State Treasurer, Frerichs is the states Chief Investment and Banking Officer and actively manages approximately $37 billion. Dom's expects to open its first location in Chicago in June. Cleveland Avenue deals with seed ventures, early-stage, and private equity deals focused on emerging restaurants, beverages, services, and technologies designed for foodservice and hospitality channels. The expected project completion is late 2023. CASTUS - A Cleveland Avenue Fund At that point, work will be performed using One Lane Road operations in shorter sections as crews work their way north. Work will be done between the hours of 8:00 PM 4:00 AM. 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. 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. Annualized, pro forma, projected and estimated numbers are used for illustrative purposes only, are not forecasts and may not reflect actual results. Number of Exits 2. Call (844) 417-2688 with any questions. Their latest investment was in Zerocater as part of their Series C on February 2, 2023. Cleveland Avenue Food and Beverage Fund I is an early stage venture capital fund managed by Cleveland Avenue. Motorists should expect side road closures from Winkler Avenue to Victoria Avenue throughout the duration of the project. Sidewalk closure at Crystal Drive and 12270 Metro Parkway: Continued sidewalk closure approximately 100, February 6 through February 10, 2023 Cleveland Avenue (investor) | Nordic 9 investor@presto.com, Brock Strasbourger Drivers, pedestrians and bicyclists should use caution and be aware of construction equipment and vehicles entering/exiting streets in the project area. 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. It seeks to mobilize $100 million in catalytic capital for nonprofits and social enterprises in Chicago. Media: Informed by deep industry intelligence, we bring insight and . For additional information, please contact Neil Monkman at (230) 226-1601 Ext. 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. Operating Status Active. Additional information regarding the participants will also be included in the proxy statement/prospectus, when it becomes available. 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. Crews will work on the west side of the road initially and when that work is completed, they will shift to the east side of Cleveland Avenue/US 41. brock@ventouxccm.com 2023 PitchBook. Construction project: Crews will be installing and relocating utilities and constructing medians on US 41/Cleveland Avenue from Winkler Avenue to SR 82. The project will be constructed in three segments. Dom's Kitchen & Market, which is part market and part kitchen, said on Wednesday that it has raised another $15 million in growth capitalbringing the total amount to $25 million. 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. It will be necessary to close the roadway in small sections and detour traffic around the work area. Please use caution and drive with courtesy and patience throughout the project area. 2. A unique team of food and beverage specialists who drive concept growth. During the work processes, men and equipment may be temporarily in the roadway. For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. There can be no assurance that the data contained herein is reflective of future performance to any degree. Learn more. The projected start date is February 9, 2023. to east on Joel Blvd. MEDIA CONTACTS Asphalt pavement, concrete sidewalk, concrete curbing, and drainage improvements will be performed. Lack of representation in the industry results in Black, Latinx, and women entrepreneurs struggling to access venture capital support. 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. 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 . Founded at M.I.T. Besides this work activity, two lanes of two-way travel has been restored ahead of schedule in the Bella Terra driveway. Intermittent lane closures can be expected with variable message board on approach to notify drivers. Westbound McGregor Boulevard has been reduced to one lane approaching and through the toll plaza. Gunnery Road 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. Actual results and the timing of events may differ materially from the results anticipated in these forward-looking statements. ILGIF has been at the forefront of increasing equity, diversity, and inclusion within the venture capital ecosystem, with 40% of its committed capital invested with venture capital firms led by women and people of color. About us. Motorists should use caution while driving in the area. Cleveland Avenue General Information. 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. Real Times Media. Martin Luther King Jr. Boulevard. For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. 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 . 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. The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. Cleveland Avenue Email Formats & Employee Phones Venture Capital Traffic will be maintained with flagmen. Use the CB Insights Platform to explore Cleveland Avenue's full profile. For further information, please contact Neil Monkman at 239-226-1601 Ext 12 or 239-462-7371 cell. Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights platform. 4. 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 . MOTORISTS ARE REMINDED TO OBEY THE POSTED SPEED LIMIT. Learn more atclevelandavenue.comand follow us onTwitter,LinkedIn, andInstagram. We have curated a list of the top Cleveland Venture Capitalists (VC). 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. The projected start date is October 1, 2022. For further questions, please contact Jennifer Dorning by email at Jennifer.Dorning@dot.state.fl.us or by phone at (239) 338-7723. Cleveland Avenue State Treasurers Urban Success Fund. The contractor is Wright Construction. 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. Diversity Spotlight (US Headquarters Only). Area Wide Protective will be providing MOT services. For questions about the project please contact Lehigh Acres Municipal Services Improvement District at 239-368-0044. Lehigh Acres Resurfacing FY22A: Lee County DOT, along with their contractor Community Asphalt will be milling and paving on various roads in Lehigh Acres. #drivethrutechnology #VoiceAI, 2018-23 Presto Automation Inc. All Rights Reserved. CBI websites generally use certain cookies to enable better interactions with our sites and services. Asphalt pavement sampling will be performed. 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. . Expect Suwanee Avenue closed on the west side of US 41 / Cleveland Avenue. The projected start date is January 30, 2023. This work will be performed under a One Lane Road Operation. 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 aims to invest more than $1 billion on a recurring basis creating an estimated 60,000 jobs per investment cycle. WORK PERFORMED BY OTHERS: Sidewalk and Driveway closure along Crystal Drive between 12255 S Cleveland Ave and 2378 Crystal Drive: Beginning 7 a.m. through 5 p.m. Monday February 6 through Friday February 10, 2023, crews will close sidewalks and driveways for water main crossing.