cleveland avenue venture capitalcleveland avenue venture capital
Please use caution and watch for workers and construction vehicles entering and leaving the roadway. Cleveland Avenue deals with seed ventures, early-stage, and private equity deals focused on emerging . Iona Rd from Tahitian Dr to Thorton Rd (ROW2022-01012): Pike Electric will be working on the overhead power lines. 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. 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 said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. 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.. Andrew Hayes . our sites and services. Periodic lane closures for eastbound lanes will occur between the hours of 9:00 AM and 3:30 PM on weekdays. Actual results and the timing of events may differ materially from the results anticipated in these forward-looking statements. Starting on April 2023 and continuing through May of 2023, crews will resume construction from Little Hickory working their way north to Esplanade Drive. In addition to factors previously disclosed or that will be disclosed in Ventouxs reports filed with the SEC and those identified elsewhere in this communication, the following factors, among others, could cause actual results and the timing of events to differ materially from the anticipated results or other expectations expressed in the forward-looking statements: (1) the occurrence of any event, change or other circumstances that could give rise to the termination of the merger agreement or could otherwise cause the transactions contemplated therein to fail to close; (2) the outcome of any legal proceedings that may be instituted against Ventoux, Presto, the Company or others following the announcement of the proposed business combination and any definitive agreements with respect thereto; (3) the inability to complete the proposed business combination due to the failure to obtain approval of the stockholders of Ventoux or Presto; (4) the inability of Presto to satisfy other conditions to closing; (5) changes to the proposed structure of the proposed business combination that may be required or appropriate as a result of applicable laws or regulations or as a condition to obtaining regulatory approval of the proposed business combination; (6) the ability to meet stock exchange listing standards in connection with and following the consummation of the proposed business combination; (7) the risk that the proposed business combination disrupts current plans and operations of Presto as a result of the announcement and consummation of the proposed business combination; (8) the ability to recognize the anticipated benefits of the proposed business combination, which may be affected by, among other things, competition, the ability of the Company to grow and manage growth profitably, grow its customer base, maintain relationships with customers and suppliers and retain its management and key employees; (9) the impact of the COVID-19 pandemic on the business of Presto and the Company (including the effects of the ongoing global supply chain shortage); (10) Prestos limited operating history and history of net losses; (11) Prestos customer concentration and reliance on a limited number of key technology providers and payment processors facilitating payments to and by Prestos customers; (12) costs related to proposed business combination; (13) changes in applicable laws or regulations; (14) the possibility that Presto or the Company may be adversely affected by other economic, business, regulatory, and/or competitive factors; (15) Prestos estimates of expenses and profitability; (16) the evolution of the markets in which Presto competes; (17) the ability of Presto to implement its strategic initiatives and continue to innovate its existing products; (18) the ability of Presto to adhere to legal requirements with respect to the protection of personal data and privacy laws; (19) cybersecurity risks, data loss and other breaches of Prestos network security and the disclosure of personal information; and (20) the risk of regulatory lawsuits or proceedings relating to Prestos products or services. It seeks to mobilize $100 million in catalytic capital for nonprofits and social enterprises in Chicago. 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. The projected start date is January 30, 2023. 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. Rajul Misra & Brian Ruby For further information regarding this project please contact Andrew Sitework, LLC at 239-226-1606 or chad@andrewsitework.com WORK PERFORMED BY OTHERS: Alico Road (ROW2022-01108): Mastec will be setting a pole on Alico Road just east of Oriole Road and west of Three Oaks Parkway. Welcome to Cleveland Avenue LLC- a venture capital firm that strategically consults and Invests in restaurant, food & beverage concepts. 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. 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. We look forward to continuing to work with the Presto team and our investors in consummating this deal and maximizing value for all stakeholders, said Ed Scheetz, CEO & Chairman of Ventoux. 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. 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. Their latest portfolio exit was Ureeka on September 30, 2022. For further information, please contact Brian Brandfass at (239) 226-1606 Ext. Presto overlays next-gen digital solutions onto the physical world. The proxy statement/prospectus will be sent to stockholders of Ventoux. 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. 4. 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 further information on MOT, related inquiries please contact Sam Bell at (239)240-9410, sambell@awptraffic.com. 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.. (650) 817-9012, Investors: San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. 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 side road closures from Winkler Avenue to Victoria Avenue throughout the duration of the project. The projected end date is April 30, 2023. Ample signs will be in place to safely guide traffic around the work area. Copyright 2023. For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. Many oversized vehicles are crossing the causeway to assist with recovery efforts on the island. Call (844) 417-2688 with any questions. The average startup value when the investment from Cleveland Avenue is 500 millions - 1 billion dollars. media@presto.com Expect Victoria Avenue closed on the east side of US 41 / Cleveland Avenue. Martin Luther King Jr. Boulevard. Diversity Spotlight (US Headquarters Only). The projected start date is January 30, 2023. Founded in 2015, Cleveland Avenue is a venture capital firm based in Chicago, Illinois. Angel, Fund of Funds, Venture Capital), This describes the stage of investments made by this organization (e.g. Prestos enterprise-grade voice, vision, and touch technologies help hospitality businesses thrive while delighting guests. 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. US 41/Cleveland Avenue from Winkler Avenue to SR 82/Dr. The firm prefers to invest in food tech, restaurant, and technology sectors. investor@presto.com, Brock Strasbourger For further information, please contact Alex DeMarco at (239) 3516080 or alex@collierpave.com. 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. For further information on MOT, related inquiries please contact Sam Bell at 239-240-9410, sambell@awptraffic.com. Founded at M.I.T. 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. Scotts Safety will be providing all maintenance of traffic services for this project. For further information, please contact John Ditty at (239) 744-6503 or jditty@gcmcontracting.com. For further information on MOT, related inquiries please contact Sam Bell at 239-240-9410, sambell@awptraffic.com. 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). The projected end date is March 31, 2023. Where the organization is headquartered (e.g. Then install the water main on the south side of Crystal Drive from Plantation Road to US 41 to tie into a connection point on the east side of US 41 just south of Crystal Drive. Iona Road from John Morris Road to Tahitian Drive (ROW2022-00937): Pike Electric will be working on the overhead power lines. North Lee County Wellfield Expansion Phase IIIA Project Fort Myers (ROW2022-00030). There will be lane closures in the westbound and eastbound lanes of Bonita Beach Road, southbound lanes of Windsor Road and southbound outside turning lane of US HWY 41. For questions, please Contact Rob Radford (239) 229-5980. Crews will be replacing the signal. Traffic will be maintained with flagmen. Acceleration Services A unique team of food and beverage specialists who drive concept growth. Number of Exits 2. 1. Motorists should expect side road closures from Winkler Avenue to Victoria Avenue throughout the duration of the project. Residents are entering and exiting communities on both sides of Corkscrew Road. 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. 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. Search Crunchbase. Return to Cleveland Avenue Site. 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 . PitchBooks data visualizations quickly surface an investors historical investmentsshowing a breakdown of activity by industry, year and region. Cleveland Avenue, the Illinois Growth and Innovation Fund, the Walter Family, Benefit Chicago, private and family . The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. All work will be completed by Lee County DOT Traffic staff and will be completed between 7:00pm and 5:00am on Thursday March 2, 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. Cleaveland Avenue is a venture capital firm and startup accelerator headquartered in Chicago, Illinois, that was founded in 2015 by Don Thompson. The investment approach is cautious to ensure the preservation of capital. , New York), and Somrus (a line of Indian flavoured liqueurs). Cape Coral Toll Facility: Starting Sunday February 19, 2023, and ending on February 22, 2023 nightly from 9:00 PM to 6:00 AM. 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. 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. For questions about the project please contact Lehigh Acres Municipal Services Improvement District at 239-368-0044. The information is general in nature and does not constitute advice. Motorist should use caution and expect some delays when work is active. The fund is based in Chicago, Illinois. This crossing will coincide with a regional flow-way that crosses Corkscrew Road at that location. 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. Motorists should expect turn lane closures and intermittent traffic stops as equipment is removed and replaced. Starting in June through July of 2023, crews will complete the work from Esplanade to Tarpon Ave under a One Lane Road operation. Therefore, motorists and pedestrians are urged to use extra caution in the area. We celebrated Jason Ritter with a little team lunch at Cleveland Avenue's Taste 222. Final Construction is scheduled for the end of July with milling and resurfacing of the roadway, new signs and new pavement markings. Tags: BBChicago, Black Business, BlackEntrepreneur, BlackOwned, BlackOwnedBusiness, Dsanders, SmallBusiness, Support Small Business, SupportBlackBusiness. Start Free Trial . Chicago-based Venture Capital firm Announces $70 Million CAST US Initiative for Black, Latinx, and Women Entrepreneurs, Cleveland Avenue convenes the Illinois State Treasurer Frerichs, the Walter Family, Benefit Chicago and Impact Investors to empower underrepresented entrepreneurs. Construction project: Crews will be installing and relocating utilities and constructing medians on US 41/Cleveland Avenue from Winkler Avenue to SR 82. It is a venture capital firm and startup accelerator that is headquartered in Chicago, Illinois. Submitters are 7x more likely to receive a qualified connection. For further information on MOT, related inquiries please contact Sam Bell at 239-240-9410, sambell@awptraffic.com. At that point, work will be performed using One Lane Road operations in shorter sections as crews work their way north. Each segment will have most of the construction completed prior to moving to the next segment. . The firm provides resources and expertise to support remarkable companies and the people behind them. Cleveland Avenue LLC. 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. Bicyclists are encouraged to utilize another mode of transportation to travel the causeway. We are intentionally committed to addressing the capital gap for underrepresented entrepreneurs and underserved communities in Chicago. The project will be constructed in three segments. The restoration efforts are part of a new underground utility improvements project for Lee County. Area Wide Protective will be providing MOT services. Expect Hoople Street closed on the east side of US 41 / Cleveland Avenue. This communication contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Cleveland Avenue has 4 portfolio exits. Lane closures will be limited to between the hours of 9:00pm to 5:00am. Real Times Media. 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. Ongoing through February 28, 2023, from 7:00 AM to 7:00 PM. that was in place prior to hurricane Ian will be re-implemented within the next 2 weeks to allow construction to resume. Their latest acquisition was PizzaRev on May 22, 2017. 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. Learn more atwww.ilgif.com. Copyright 2023 Cleveland Avenue, LLC. Expect Suwanee Avenue closed on the west side of US 41 / Cleveland Avenue. 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. Sidewalk closure at Crystal Drive and 12270 Metro Parkway 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. This schedule may be subject to change due to inclement weather and unforeseen underground conditions. A Cleveland Avenue Fund . The detour and one-way road on Imperial Shores Blvd. 03 or 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. Drivers, pedestrians and bicyclists should use caution and be aware of construction equipment and vehicles entering/exiting streets in the project area. 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. 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. to east on Joel Blvd. We are intentionally committed to addressing the capital gap for underrepresented entrepreneurs and underserved communities in Chicago. You can read more about your. Accelerating growth for businesses and developing entrepreneurs. This project consists of widening Burnt Store Road to four lanes. Cleveland Avenue serves customers in . Cleveland Avenue Food and Beverage Fund I General Information. lane traveling westbound on Alico Road. Pondella Road Bridge Maintenance Activities: Lee County DOT Contractor, Villafuerte Construction, will perform maintenance activities on the Pondella Road Bridge. 41/Cleveland Avenue from Winkler Avenue to SR 82/Dr. brian@andrewssitework.com. Scott Safety, LLC will provide maintenance of traffic services (833) 723-3499. The MOT/TTC will be provided by Andrew Sitework. Crews continue driving sheet pile around the causeway islands. Motorists should expect one lane in the Bella Terra exit to be closed Monday, February 20 and Tuesday, February 21. 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. Venture Capitalists (VC) play an important role in the startup ecosystem. 2. This is anticipated to be completed by the end of March 2023. We have curated a list of the top Cleveland Venture Capitalists (VC). For further information, please get in touch with Avelino Cancel at 239-533-9400 or by email at acancel@leegov.com. Founders Don Thompson, J. Skyler Fernandes. 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. Construction project: Crews will be installing and relocating utilities and constructing medians on US 41/Cleveland Avenue from Winkler Avenue to SR 82. Work is expected to be completed by the week of March 6, 2023. US-41 & Pondella Rd, North Fort Myers: Lee County DOT Traffic will be changing out the traffic signal cabinet at US-41 & Pondella Rd on Wednesday, February 22, 2023 from 9:00 AM to 4:00 PM. 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. On heavy haul days, GL Homes will be providing flaggers to reduce backups on Corkscrew Road. The project also includes construction of a new bridge over Shadroe Canal, drainage installation, and lighting. 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. All rights reserved. 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 . Cleaveland Avenue was founded by Don Thompson, former CEO of McDonald's, in 2015. Bridge Maintenance Win whats next. Motorists and pedestrians are urged to use extra caution in this area. Asphalt pavement sampling will be performed. ACME Barricades will provide maintenance of traffic services (239) 479-5266. He works at Raulston Venture Capital in Cleveland. Cleveland Avenue | 4,571 followers on LinkedIn. Rocketreach finds email, phone & social media for 450M+ professionals. GL Homes is actively working in their development site across from Wild Blue Boulevard. When available, these documents can be obtained free of charge from the sources indicated above. Crews continue striping, limerock, curb and gutter, and guardrail installation throughout the project to facilitate this switch. Crews will be working Monday through Saturday from 8:00 AM until 5:00 PM. Your communication with us through this website is not privileged or confidential, unless a client relationship has otherwise been established between us and such communication is protected under applicable law. The projected start date is February 20, 2023, and it is expected to be completed by March 6, 2023. Arc Chicago, LLC, is an investment fund created by MacArthur to further the objectives of Benefit Chicago. Intersection Markings: Intermittent Lane closures and delays are possible on 2-16-23 through 2-22-23 between the hours of 9:00 a.m. to 4:00 p.m. (weather permitting) on the following roadways:
Barn Builders Sacramento Ca,
Articles C
cleveland avenue venture capital