For further information, please contact Eli Enders at (239) 433-3000. 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. The work activities above are scheduled to occur, however unforeseen underground conditions and weather may affect this schedule. Beyond Meat, the meat replacement company whose packages of Beyond Burgers line grocery store aisles across America, has filed for an initial public offering. For further information on MOT, related inquiries please contact Sam Bell at (239)240-9410, sambell@awptraffic.com. 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. Aquinas Early, on behalf of Cleveland Avenue |aearly@explorefcg.com| 708-420-8570, Angelica Ramirez, on behalf of Cleveland Avenue |aramirez@explorefcg.com|. Westgate Blvd . All Rights Reserved. Cleaveland Avenue was founded by Don Thompson, former CEO of McDonald's, in 2015. For further information, please contact John Dalton at (239) 898-7853. Venture Capitalists (VC) play an important role in the startup ecosystem. Please use caution and watch for workers and construction vehicles entering and leaving the roadway. 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 . The MOT/TTC will be provided by Andrew Sitework. 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. Cleveland Avenue is an investment group and accelerator, which focuses on building new food, beverage, and restaurant concepts. 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. Ryan Gardella & Michael Bowen investor@presto.com, Brock Strasbourger Motorists should expect turn lane closures and intermittent traffic stops as equipment is removed and replaced. Area Wide Protective will be providing MOT services. Cleveland Avenue Food and Beverage Fund I General Information. 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.. Bicyclists are encouraged to utilize another mode of transportation to travel the causeway. The activities will begin on January 3, 2023 and continue until February 17, 2023. The project includes adding on-road bike lanes, some sidewalk, installing new drainage, and constructing a wildlife crossing approximately 1000 feet west of the entrance to Cypress Shadows Boulevard. You can read more about your cookie choices at our privacy policyhere. Get the full list, Youre viewing 5 of 241 co-investor. Lane closures are not anticipated at this time, but motorists should expect construction vehicles and minor traffic disruptions while construction activities are being performed. Cleveland Avenue | 4,571 followers on LinkedIn. 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. brock@ventouxccm.com Drivers, pedestrians, and bicyclists are urged to use extra caution when traveling through the work zone. to south on Country Club Pkwy, east on E 2nd St, south on McArthur Blvd to west on Sentinela Blvd. Therefore, motorists and pedestrians are urged to use extra caution in the area. 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. The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. The project will be constructed in three segments. The projected end date is March 31, 2023. Return to Cleveland Avenue Site. Cleveland Avenues Chief Financial and Investment Officer, Keith Kravcik, will join Prestos Board. 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. It is a venture capital firm and startup accelerator that is headquartered in Chicago, Illinois. It is estimated that this detour will remain in place until the end of December 2022 until the new underground drainage is installed up to Pine Lake Rd. 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). The firm prefers to invest in food tech, restaurant, and technology sectors. Operating Status Active. Call (844) 417-2688 with any questions. The Treasurers Office predates Illinois incorporation in 1818. The Village is currently designing the path to extend to the east property line of Bella Terra and on the north side of the road to east of Grandezza. 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. In connection with the proposed business combination involving Ventoux and Presto, Ventoux has filed a registration statement, which includes a preliminary proxy statement/prospectus, with the SEC. Each segment will have most of the construction completed prior to moving to the next segment. The information is general in nature and does not constitute advice. 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). Area Wide Protective will be providing MOT services. He works at Raulston Venture Capital in Cleveland. The Cleveland Avenue Food Experience is our laboratory and gathering place. The one-lane road operations are estimated to continue through the end of March 2023. This communication is not a solicitation of a proxy from any investor or security holder. Drivers are urged to use extra caution when traveling through the work zone. 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. 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. Estimated completion is late 2023. Types of diversity represented in an organization, specifically of those who are founding members, currently the CEO, or have check-writing abilities in an investment firm. Angel, Fund of Funds, Venture Capital), General contact email for the organization. This project should be complete by the end of February. that was in place prior to hurricane Ian will be re-implemented within the next 2 weeks to allow construction to resume. US 41/Cleveland Avenue from Winkler Avenue to SR 82/Dr. The projected end date is April 30, 2023. Such forward-looking statements are based upon the current beliefs and expectations of our management and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are difficult to predict and generally beyond our control. GL Homes is actively working in their development site across from Wild Blue Boulevard. Founders Don Thompson, J. Skyler Fernandes. Notable food & beverage companies in Cleaveland Avenue's investment portfolio include: Beyond Meat, Bhakti, Farmwise Foods, and Bright Cellars. Cleveland Avenue makes the information and materials available on this website and all other electronic media for informational purposes only. Imperial Shores will be open to two-way traffic from Bonita Beach Road to Gary Road and from Pine Lake Road to Tarpon Avenue. Cleveland Avenue is a Chicago-based venture fund and accelerator that invests in food, beverage, and tech businesses. 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. Motorists should expect construction vehicles pulling in and out of traffic near the driveways of The Preserve at Corkscrew and Bella Terra. 1. The expected project completion is late 2023. 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. Northbound Bell Blvd. Cleveland Avenue, Food Retail Ventures, Landa Ventures, and Planet Capital, AgFunder, Autotech Ventures, Cavallo Ventures, Cleveland Avenue, DCVC, Future Ventures, and SeaX Ventures. RESCHEDULED: During the nighttime/overnight hours on Thursday, February 23, motorists are urged to plan extra time when using the Stoneybrook Golf Drive intersection. A detour will be in place with ample signs routing traffic around the work area. Real Times Media. 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. 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. Innovative and equitable solutions like those offered by Cleveland Avenue truly address small businesses needs and provide critical resources for entrepreneurs of color.. 03 or Illinois Growth and Innovation Fund(ILGIF). Presto overlays next-gen digital solutions onto the physical world. The expected project completion is late 2023. Rocketreach finds email, phone & social media for 450M+ professionals. The projected end date is April 30, 2023. Please be patient as travel may be slower than usual. Cleveland Avenue deals with seed ventures, early-stage, and private equity deals focused on emerging . The projected start date is January 30, 2023. For questions, please Contact Rob Radford (239) 229-5980. 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. Companies like Cleveland Avenue include S2G Ventures, Millenium Food-Tech, and The House Fund. The causeway islands surrounding the temporary roadway are an active work zone and are currently closed for public access. Traffic will be maintained with flagmen. The projected start date is January 30, 2023. bridge between Crestview Pl & Scenic St, mile south of the Joel Blvd/ Leeland Heights Blvd. 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. Expect Hoople Street closed on the east side of US 41 / Cleveland Avenue. Presto overlays next-gen digital solutions onto the physical world. 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. 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. Both northbound and southbound lanes of Buckingham Road will be subject to lane closures during nighttime milling and paving operations. Much of the work originally scheduled for this week was rescheduled for the following week to minimize impacts to traffic AFTER the traffic shift occurs. This crossing will coincide with a regional flow-way that crosses Corkscrew Road at that location. This project is expected to be completed in summer 2023. This work will be performed under a One Lane Road Operation. 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. Arc Chicago, LLC, is an investment fund created by MacArthur to further the objectives of Benefit Chicago. 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. Cleveland Avenue is providing this website, related electronic media and other information only as a convenience for you. Dom's expects to open its first location in Chicago in June. 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. 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. We celebrated Jason Ritter with a little team lunch at Cleveland Avenue's Taste 222. ILGIF has been at the forefront of increasing equity, diversity, and inclusion within the venture capital ecosystem with 40 percent of its committed capital invested with venture capital firms led by women and people of color. Learn more atwww.ilgif.com. 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. Bell Blvd Bridge Closure and Detour Begins February 20, 2023: The Bell Blvd. Copyright 2023 Cleveland Avenue, LLC. https://www.restaurantbusinessonline.com/financing/franchises-navigate-tough-waters-their-bid-growth For further information, please contact Cole Bryan (863) 268-3941 or via email Jbryan@irbyconstruction.com. Crews will be working Monday through Saturday from 8:00 AM until 5:00 PM. locations may have flagged and intermittent nightly lane closures from 7:00 PM to 6:00 AM. 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. For further information on MOT, related inquiries please contact Sam Bell at 239-240-9410, sambell@awptraffic.com. . The revised merger terms reflect a pre-money valuation for Presto of $525 million. Its shares of common stock, units, warrants and rights trade under the ticker symbols VTAQ, VTAQU, VTAQW, and VTAQR respectively. Description. 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. Cleveland Avenue makes the information and materials available on this website and all other electronic media for informational purposes only. Starting Sunday, January 15, 2023, these Submitters are 7x more likely to receive a qualified connection. Founded in 2015 by industry veteran Don Thompson, we support entrepreneurs whose innovations are disrupting the norm. For further information, please contact Brian Brandfass at (239) 226-1606 Ext. 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. Starting on February 1, 2023/February 3, 2023, there will be a two-lane closure on the eastbound middle and righthand lane on Alico Road. Motorists should be aware of vehicles entering/exiting the road in this area. Starting on April 2023 and continuing through May of 2023, crews will resume construction from Little Hickory working their way north to Esplanade Drive. 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 . Sidewalk and Driveway closure along Crystal Drive between 12255 S Cleveland Ave and 2378 Crystal Drive Chrome Extension. For further information you can contact Jessie Culpepper at 239-913-9127. Tags: BBChicago, Black Business, BlackEntrepreneur, BlackOwned, BlackOwnedBusiness, Dsanders, SmallBusiness, Support Small Business, SupportBlackBusiness. 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. Crews will be installing light poles along the north and south side the road as well as landscaping and irrigation improvements in the median. 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. Crews will be replacing the signal. For further information, please contact paving@leegov.com. The project will be constructed in three segments. Despite the Cleveland Avenue, startups are often financed by PowerPlant Ventures, DNS Capital, gener8tor. Ongoing through February 28, 2023, from 7:00 AM to 7:00 PM. 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 side road closures from Winkler Avenue to Victoria Avenue throughout the duration of the project. For further information, please contact Neil Monkman at 239-226-1601 Ext 12 or 239-462-7371 cell. Cleveland Avenue has 1 fund, including Cleveland Avenue State Treasurers Urban Success Fund. For further questions, please contact Jennifer Dorning by email at Jennifer.Dorning@dot.state.fl.us or by phone at (239) 338-7723. Roadwatch Update Founded by Don and Liz Thompson, Cleveland Avenue is a privately-held venture capital firm that accelerates and strategically invests in innovative food, beverage, and restaurant concepts and emerging brands. 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 . Angel, Fund of Funds, Venture Capital), This describes the stage of investments made by this organization (e.g. 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. Very incredibly proud of you and your next step Jason. The bridge locations are: 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. RESCHEDULED: Crews will be working during the nighttime/overnight hours on Thursday, February 24 to switch traffic to the new lanes. Lee County DOT will be performing lane maintenance through toll plaza. CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. All rights reserved. Presto, Cleveland Avenue, and Ventoux are the perfect partners for this next chapter in the public markets given our joint focus on transforming the restaurant industry using the best next-generation technology, said Krishna K. Gupta, Chairman of Presto and CEO of Remus Capital. 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. A unique team of food and beverage specialists who drive concept growth. For additional information, please contact Victor Menocal at vmenocal@rpucorp.com or (305) 776-8181. Search Crunchbase. 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. media@presto.com For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. PitchBooks data visualizations quickly surface an investors historical investmentsshowing a breakdown of activity by industry, year and region. . This communication contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. For additional information, please contact Sean Whitaker @ 678-247-4933 swhitaker@plateauexcavation.com site you are consenting to these choices. Please use caution when traveling through the project. Storm water work outside of sidewalk/travel lanes will be ongoing from Wednesday, January 11, 2023 through Friday, February 24, 2023. The Village of Estero will be installing shared use paths, lighting, and landscaping as phasing allows. Our enterprise-grade voice, vision, and touch technologies help hospitality businesses thrive while delighting guests. Cleveland Avenue (investor). For questions about the project please contact Lehigh Acres Municipal Services Improvement District at 239-368-0044. The project also includes construction of a new bridge over Shadroe Canal, drainage installation, and lighting. The roadway north and south of the work area will be open to two-way traffic. Try for free at rocketreach.co Number of Exits 2. our sites and services. Lack of representation in the industry results in Black, Latinx, and women entrepreneurs struggling to access venture capital support. (970) 948-9787. For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. RESCHEDULED: During the nighttime/overnight hours on Monday, February 20 through Wednesday, February 22, motorists are urged to plan extra time when using the Ben Hill Griffin Parkway intersection. Cleaveland Avenue is a venture capital firm and startup accelerator headquartered in Chicago, Illinois, that was founded in 2015 by Don Thompson. Southbound lane along Nalle Road will be subject to temporary daily lane closures. 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. Cleveland Avenue acquired 1 company. The project is expected to be completed by spring 2023. We have curated a list of the top Cleveland Venture Capitalists (VC). Iona Road from John Morris Road to Tahitian Drive (ROW2022-00937): Pike Electric will be working on the overhead power lines. Flaggers will be in place directing traffic around the work area on the east side of Imperial Shores. Temporary traffic Control devices will be utilized for pedestrian safety as well as that of the contractors workforce. The projected end date is March 31, 2023. 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. The firm prefers to invest in seed-stage, early-stage, later-stage, and growth-stage companies. Ample signs will be in place to safely guide traffic around the work area. For further information on MOT, related inquiries please contact Sam Bell at (239)240-9410, sambell@awptraffic.com. 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 firm provides resources and expertise to support remarkable companies and the people behind them. 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. Some of our portfolio brands include Beyond Meat, Farmer's Fridge, Zero Cater, Sustainable . Milling and paving will start Tuesday, January 31st, 2023 and will tentatively go through Friday February 3, 2023. 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. Scotts Safety will doing the MOT (Clint Scott at 239-340-8697). 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.