cleveland avenue venture capital

MOTORISTS ARE REMINDED TO OBEY THE POSTED SPEED LIMIT. 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. Northbound Bell Blvd. in 2008, Presto is headquartered in Silicon Valley, Calif. with customers including many of the top 20 restaurant chains in the U.S. Cleveland Avenue, Food Retail Ventures, Landa Ventures, and Planet Capital, AgFunder, Autotech Ventures, Cavallo Ventures, Cleveland Avenue, DCVC, Future Ventures, and SeaX Ventures. Corporate Venture Capital; For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. VTAQ is co-sponsored by Ventoux Acquisition Holdings and an affiliate of Chardan Capital International. CBI websites generally use certain cookies to enable better interactions with our sites and services. Notable food & beverage companies in Cleaveland Avenue's investment portfolio include: Beyond Meat, Bhakti, Farmwise Foods, and Bright Cellars. McGregor Boulevard from Tropicana Drive to Kelly Road (ROW2022-00928): Pike Electric will be working on the overhead power lines. Cleveland Avenue is an investment group and accelerator, which focuses on building new food, beverage, and restaurant concepts. Motorist should use caution and expect some delays when work is active. The project will be constructed in three segments. Project cost is approximately $23 M. The contractor is Cougar Contracting, LLC. The bridge locations are: Learn more atclevelandavenue.comand follow us onTwitter,LinkedIn, andInstagram. Illinois Growth and Innovation Fund(ILGIF). Cleveland Avenue is an investment group and accelerator, which focuses on building new food, beverage, and restaurant concepts. 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. A & W Bulb Rd from Gladiolus Drive to McGregor SR 867 (Permit ROW2022-00038): Pike Electric will be working on the overhead power lines. For further information, please contact John Dalton at (239) 898-7853. Drivers are urged to use extra caution when traveling through the work zone. Additional work includes installing drainage structures, pedestrian signals, upgrading signals and lighting, and resurfacing existing highway. The traffic signal will be dark, and Lee County Sheriffs Office will be directing traffic. Motorists should expect turn lane closures and intermittent traffic stops as equipment is removed and replaced. 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. Intermittent lane closures can be expected with variable message board on approach to notify drivers. 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. 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). 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. Weather may affect start times and dates. Motorists should expect intermittent northbound and southbound lane closures and detours on US 41/Cleveland Avenue during daytime and nighttime/overnight hours Monday through Friday throughout the duration of the project. Voters in 1848 chose to make it an elected office. Additional work includes installing drainage structures, pedestrian signals, upgrading signals and lighting, and resurfacing existing highway. investor@presto.com, Brock Strasbourger This south segment from Tropicana Parkway to Pine Island Road costs $13.6 million. Actual results, performance or achievements may differ materially, and potentially adversely, from any projections and forward-looking statements and the assumptions on which those forward-looking statements are based. John Morris Road from McGregor Boulevard, 867, to Iona Road (ROW2022-00927) Pike Electric will be working on the overhead power lines. Cleveland Avenue | 4,571 followers on LinkedIn. Cleveland Avenue has 4 portfolio exits. lane traveling westbound on Alico Road. 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. 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. Notable food & beverage companies in Cleaveland Avenue's investment portfolio include. Asphalt pavement, concrete sidewalk, concrete curbing, and drainage improvements will be performed. Crews will be working Monday through Saturday from 8:00 AM until 5:00 PM. Flaggers will assist motorists when necessary. Lee County DOT will be performing lane maintenance through toll plaza. This project consists of widening Burnt Store Road to four lanes. Starting Sunday, January 15, 2023, these For further information, please contact John Ditty at (239) 744-6503 or jditty@gcmcontracting.com. Drivers, pedestrians and bicyclists should use caution and be aware of construction equipment and vehicles entering/exiting streets in the project area. Roadwatch Update 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. Drive-thrus are well-suited for automation. to north on McArthur Blvd., west on E 2nd St to north on Country Club Pkwy to Joel Blvd. For further information, please get in touch with Avelino Cancel at 239-533-9400 or by email at acancel@leegov.com. Drivers, pedestrians and bicyclists should use caution and be aware of construction equipment and vehicles entering/exiting streets in the project area. Frerichs office protects consumers by safeguarding more than $3.5 billion in unclaimed property, encouraging savings plans for college or trade school, increasing financial education among all ages, assisting people with disabilities save without losing government benefits, and removing barriers to a secure retirement. Cleveland Avenue serves customers in . Prestos enterprise-grade voice, vision, and touch technologies help hospitality businesses thrive while delighting guests. Directional Drill will be performed along Nalle Road from Quail Run heading south towards Sedgefield Road. 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. Motorists should expect intermittent Northbound and Southbound Lane closures during nighttime/overnight hours, weather permitting. VTAQ began trading on the Nasdaq on December 23, 2020 following its initial public offering. |, 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. Actual results and the timing of events may differ materially from the results anticipated in these forward-looking statements. 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. Further, the use of this website, and the sending or receipt of such information and materials, does not create a client relationship between us. Crews continue construction of the roadway between Wild Blue Boulevard and The Preserve. We believe the additional capital provides a powerful vote of confidence in the business combination and will give Presto all the tools needed for an excellent start in its public life. The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. All rights reserved. Cleveland Avenue has made 43 investments. For further information, please contact paving@leegov.com. The projected start date is February 9, 2023. Operating Status Active. Motorists and pedestrians are urged to use extra caution in this area. Cleveland Avenue, the Illinois Growth and Innovation Fund, the Walter Family, Benefit Chicago, private and family . Their latest investment was in Zerocater as part of their Series C on February 2, 2023. Sidewalk closure at Crystal Drive and 12270 Metro Parkway: Continued sidewalk closure approximately 100, February 6 through February 10, 2023 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 . For further information, please contact Eli Enders at (239) 433-3000. Cleveland Avenue has tremendous experience investing in innovative food and technology brands and restaurant operation platforms with an impressive portfolio that includes Beyond Meat, Footprint and Farmers Fridge. The projected end date is March 31, 2023. The expected project completion is late 2023. Cleveland Avenue has 3 team members, including current Chief Financial Officer, Chief Investment Officer, Keith Kravcik. Informed by deep industry intelligence, we bring insight and . We are intentionally committed to addressing the capital gap for underrepresented entrepreneurs and underserved communities in Chicago. 30,000 square feet in downtown Chicago dedicated to culinary concept development and consumer validation. 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. The MOT/TTC will be provided by Southwest Utility Systems. Asphalt pavement widening, embankment, base rock, concrete curbing, and striping will be performed. 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 . MOT will be provided through ACME Barricades (239)479-5266; DBlack@acmebarricades.com dtanner@acmebarricades.com. Founded in 2015 by industry veteran Don Thompson, we support entrepreneurs whose innovations are disrupting the norm. 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 on MOT, related inquiries please contact Sam Bell at 239-240-9410, sambell@awptraffic.com. For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. 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. For further information on MOT, related inquiries please contact Sam Bell at (239)240-9410, sambell@awptraffic.com. Beyond Meat, the meat replacement company whose packages of Beyond Burgers line grocery store aisles across America, has filed for an initial public offering. Oak View Road Widening (Buckingham Road) Fort Myers (ROW2022-01435): Southern Striping Solutions LLC will be performing roadway widening improvements beginning Tuesday, February 6, 2023, and continue through March 16, 2023. 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 further information, please contact Brian Williams with Pike at (239) 225-8037 or at bwilliams@pike.com. Construction project: Crews will be installing and relocating utilities and constructing medians on US 41/Cleveland Avenue from Winkler Avenue to SR 82. Diversity Spotlight (US Headquarters Only). PitchBooks data visualizations quickly surface an investors historical investmentsshowing a breakdown of activity by industry, year and region. This will be a nighttime operation and periodic lane closures for these lanes will occur between the hours of 7 p.m. and 6 a.m. on the weekdays. Media: This crossing will coincide with a regional flow-way that crosses Corkscrew Road at that location. The Cleveland Avenue State Treasurer Urban Success Initiative (CAST US) intends to leverage the investment and entrepreneurial development expertise of Cleveland Avenue to support historically underserved entrepreneurs. The project is expected to be completed by spring 2023. Final Construction is scheduled for the end of July with milling and resurfacing of the roadway, new signs and new pavement markings. Find top employees, contact details and business statistics at RocketReach. 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 roadway north and south of the work area will be open to two-way traffic. Lack of representation in the industry results in Black, Latinx, and women entrepreneurs struggling to access venture capital support. Ongoing through February 28, 2023, from 7:00 AM to 7:00 PM. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. 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. Forecasts and estimates regarding Prestos industry and end markets are based on sources we believe to be reliable, however there can be no assurance these forecasts and estimates will prove accurate in whole or in part. For questions, please contact Kris Cella at (239) 337-1071. Bonita Beach Road SW between Meadowlark Lane and Windsor Road Bonita Springs, FL (ROW2022-00329): Bradanna, Inc. will be performing roadway and sidewalk improvements beginning Monday, April 10, 2022, and continuing through Sunday, April 30, 2023. The typical case for the fund is to invest in rounds with 3 participants. 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.. https://www.restaurantbusinessonline.com/financing/franchises-navigate-tough-waters-their-bid-growth 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. 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 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. Southbound lane along Nalle Road will be subject to temporary daily lane closures. Cleveland Avenue Food and Beverage Fund I General Information. 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. Drivers, pedestrians, and bicyclists are urged to use extra caution when traveling through the work zone. 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. The work activities above are scheduled to occur, however unforeseen underground conditions and weather may affect this schedule. Cleveland Avenue is providing this website, related electronic media and other information only as a convenience for you. Presto overlays next-gen digital solutions onto the physical world. Its shares of common stock, units, warrants and rights trade under the ticker symbols VTAQ, VTAQU, VTAQW, and VTAQR respectively. Crews are expected to work 7 a.m. to 7 p.m. Bridge Maintenance It seeks to mobilize $100 million in catalytic capital for nonprofits and social enterprises in Chicago. At that point, work will be performed using One Lane Road operations in shorter sections as crews work their way north. 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. Expect Hoople Street closed on the east side of US 41 / Cleveland Avenue. 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. Iona Road from John Morris Road to Tahitian Drive (ROW2022-00937): Pike Electric will be working on the overhead power lines. The projected end date is April 30, 2023. Copyright 2023. Speeding Porsche driver crashes in ball of flames in Roseville while eluding patrol, is badly hurt, Zerocater Raises $15 Million, Announces Expansion, Evigence Secures $18M in Series B Funding to Expand Commercialization of Freshness Management System, Evigence Raises $18 Million for Food Freshness Tech. 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. Imperial Shores will be open to two-way traffic from Bonita Beach Road to Gary Road and from Pine Lake Road to Tarpon Avenue. This feature is in beta and may change with future updates. to south on Country Club Pkwy, east on E 2nd St, south on McArthur Blvd to west on Sentinela Blvd. The activities will begin on January 3, 2023 and continue until February 17, 2023. Arc Chicago, LLC, is an investment fund created by MacArthur to further the objectives of Benefit Chicago. The Treasurers Office predates Illinois incorporation in 1818. Expect Suwanee Avenue closed on the west side of US 41 / Cleveland Avenue. 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 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. Periodic lane closures for eastbound lanes will occur between the hours of 9:00 AM and 3:30 PM on weekdays. Tags: BBChicago, Black Business, BlackEntrepreneur, BlackOwned, BlackOwnedBusiness, Dsanders, SmallBusiness, Support Small Business, SupportBlackBusiness. Cleveland Avenue is a Chicago-based venture fund and accelerator that invests in food, beverage, and tech businesses. All rights reserved. 30,000 square feet in downtown Chicago dedicated to culinary concept development and consumer validation. The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. The projected start date is February 20, 2023, and it is expected to be completed by March 6, 2023. By Staff | Feb 23, 2023 Start Free Trial . A Cleveland Avenue Fund . Cape Coral Toll Facility: Starting Sunday February 19, 2023, and ending on February 22, 2023 nightly from 9:00 PM to 6:00 AM. Try for free at rocketreach.co The projected end date is March 31, 2023. 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. Presto overlays next-gen digital solutions onto the physical world. The one-lane road operations are estimated to continue through the end of March 2023. Area Wide Protective will be providing MOT services. For further information on MOT, related inquiries please contact Sam Bell at 239-240-9410, sambell@awptraffic.com. Cleveland Avenue LLC operates as a venture capital investment company. 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. Learn more atwww.ilgif.com. The firm prefers to invest in seed-stage, early-stage, and later-stage companies. 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. Venture Capitalists (VC) play an important role in the startup ecosystem. US 41/Cleveland Avenue from Winkler Avenue to SR 82/Dr. . Cleveland Avenue is a Chicago-based venture fund and accelerator that invests in food, beverage, and tech businesses. 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. Led by Cleveland Avenue, LLC (Cleveland Avenue), the $60 million equity injection will accelerate the deployment of Prestos technology throughout the restaurant industry. For questions, please Contact Rob Radford (239) 229-5980. This work will be performed under a One Lane Road Operation. 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. For additional information, please contact Rhett Tillman at (239) 533-9400 or email at rtillman@leegov.com. 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. For further information on MOT, related inquiries please contact Sam Bell at (239)240-9410, sambell@awptraffic.com. ACME Barricades will provide maintenance of traffic services (239) 479-5266. All Rights Reserved. Cleveland Avenue (investor). There can be no assurance that the data contained herein is reflective of future performance to any degree. Rocketreach finds email, phone & social media for 450M+ professionals. Periodic lane closures for northbound and southbound lanes will occur between the hours of 9:00 PM and 5:00 AM on weekdays. Lane closures will start at 7:00 PM and will end by 5:00 AM daily until complete with section of job. Completion of SOD & Striping/Signage will occur between Wednesday, March 1, 2023 and Friday, March 17, 2023 for all improvements. Landscaping Tree Trimming. Gunnery Road Lane closures will occur while work is being performed, Traffic will be maintained with flagmen. 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. We are intentionally committed to addressing the capital gap for underrepresented entrepreneurs and underserved communities in Chicago. 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. SaaS, Android, Cloud Computing, Medical Device). North Lee County Wellfield Expansion Phase IIIA Project Fort Myers (ROW2022-00030). Dom's expects to open its first location in Chicago in June. This schedule may be subject to change due to inclement weather and unforeseen underground conditions. Welcome to Cleveland Avenue LLC- a venture capital firm that strategically consults and Invests in restaurant, food & beverage concepts. our sites and services. 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. 12, or email at neil@andrewsitework.com. It is a venture capital firm and startup accelerator that is headquartered in Chicago, Illinois. Please use caution and watch for workers and construction vehicles entering and leaving the roadway. 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. Please use caution and watch for workers and construction vehicles entering and leaving the roadway. Bonita Beach Road, Bonita Springs (ROW2021-00508): Irby Construction will be replacing poles down Bonita Beach Rd for Florida Power and Light beginning February 6, 2023 through March 6, 2023. Construction project: Crews will be installing and relocating utilities and constructing medians on US 41/Cleveland Avenue from Winkler Avenue to SR 82. 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. Number of Exits 2. 2. (970) 948-9787. Accel/Decel Lane, Catch Basin/Culvert Pipe, Curb & Gutter, Sidewalk, Single Entrance, Turn Lane, and Asphalt Pavement improvements will be performed between Lee Road and Domestic Avenue.

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