Area Wide Protective will be providing MOT services. Construction project: Crews will be installing and relocating utilities and constructing medians on US 41/Cleveland Avenue from Winkler Avenue to SR 82. Expect Crawford Street closed on the east side of US 41 / Cleveland Avenue. For additional information, please contact Sean Whitaker @ 678-247-4933 swhitaker@plateauexcavation.com 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 . The investment approach is cautious to ensure the preservation of capital. Drivers, pedestrians and bicyclists should use caution and be aware of construction equipment and vehicles entering/exiting streets in the project area. Cleveland Avenue has 4 portfolio exits. 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. Please be aware of shifts in travel lanes and bike lanes, sidewalk detours, miscellaneous turn lane closures, and uneven pavement throughout the project. The Cleveland Avenue Food Experience is our laboratory and gathering place. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. Media: Burnt Store Road from Tropicana Parkway to Pine Island Road: Motorists should expect temporary southbound traffic diversions from 7:00 AM to 7:00 PM. Their latest portfolio exit was Ureeka on September 30, 2022. 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. 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. Traffic will be maintained with flagmen. 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. Lane closures will start at 7:00 PM and will end by 5:00 AM daily until complete with section of job. Ample signs will be in place to safely guide traffic around the work area. The revised merger terms reflect a pre-money valuation for Presto of $525 million. Dom's expects to open its first location in Chicago in June. Drivers, pedestrians and bicyclists should use caution and be aware of construction equipment and vehicles entering/exiting streets in the project area. 9500 Euclid Avenue; Cleveland, OH 44195; United States +1 (800) 000-0000. This schedule may be subject to change due to inclement weather and unforeseen underground conditions. Cleveland Avenue is providing this website, related electronic media and other information only as a convenience for you. 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. The expected project completion is late 2023. Bradanna, Inc. will provide maintenance of traffic services (239) 455-8891. 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, please contact Brian Williams with Pike at (239) 225-8037 or at bwilliams@pike.com. For questions about the project please contact Lehigh Acres Municipal Services Improvement District at 239-368-0044. Copyright 2023 CB Information Services, Inc. All rights reserved. The expected project completion is late 2023. Motorists should expect side road closures from Winkler Avenue to Victoria Avenue throughout the duration of the project. The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. Crews will be replacing the signal. Actual results and the timing of events may differ materially from the results anticipated in these forward-looking statements. bridge between Crestview Pl & Scenic St, mile south of the Joel Blvd/ Leeland Heights Blvd. (650) 817-9012, Investors: Many oversized vehicles are crossing the causeway to assist with recovery efforts on the island. This is anticipated to be completed by the end of March 2023. ACME Barricades will provide maintenance of traffic services (954) 321-3587. Cleveland Avenue is providing this website, related electronic media and other information only as a convenience for you. 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. brian@andrewssitework.com. 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. traffic will be detoured east on Sentinela Blvd. 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 . A Cleveland Avenue Fund . 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. This press release is not a substitute for the proxy statement/prospectus. Cleveland Avenue is an investment group and accelerator, which focuses on building new food, beverage, and restaurant concepts. For further information, please contact Trevor Bianco at (813) 439-4433 or tbianco@tierraeng.com. CBI websites generally use certain cookies to enable better interactions with our sites and services. Motorists wishing to access NB Imperial Shores should follow the detour to Imperial River N, to Tarpon Ave. W and travel South on Imperial Shores Blvd. Some of our portfolio brands include Beyond Meat, Farmer's Fridge, Zero Cater, Sustainable . 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. Copyright 2023. Cleveland Clinic Ventures Investments (23) Company Name Deal Date . Asphalt pavement, concrete sidewalk, concrete curbing, and drainage improvements will be performed. Hancock Bridge Parkway CIPP Project, Cape Coral Lee County DOT and their contractor Shenandoah General Construction will begin pipelining activities on Hancock Bridge Pkwy January 3, 2023. Description. The fund invests in companies across the food and beverages and TMT sectors. 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. Each segment will have most of the construction completed prior to moving to the next segment. 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. #drivethrutechnology #VoiceAI, 2018-23 Presto Automation Inc. All Rights Reserved. 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. 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. The roadway north and south of the work area will be open to two-way traffic. Gunnery Road 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. We have tried to select a variety of different types of investors across a variety of niches. The projected start date is February 20, 2023, and it is expected to be completed by March 6, 2023. He works at Raulston Venture Capital in Cleveland. Founders Don Thompson, J. Skyler Fernandes. Where the organization is headquartered (e.g. Submitters are 7x more likely to receive a qualified connection. 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 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. current Chief Financial Officer, Chief Investment Officer, Keith Kravcik, CBI websites generally use certain cookies to enable better interactions with. Additional information regarding the participants will also be included in the proxy statement/prospectus, when it becomes available. Motorists should expect turn lane closures and intermittent traffic stops as equipment is removed and replaced. The activities will require lane closures between 9:00 PM and 5:00 AM. The Village of Estero will be installing shared use paths, lighting, and landscaping as phasing allows. The bridge locations are: Cleveland Avenue Food and Beverage Fund I is an early stage venture capital fund managed by Cleveland Avenue. 12, or email at neil@andrewsitework.com. All rights reserved. Northbound Bell Blvd. 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. Venture Capitalists (VC) play an important role in the startup ecosystem. Crews continue construction of the roadway between Wild Blue Boulevard and The Preserve. Bridge Maintenance Ovation Brands, SUPERVALU, and McDonald's, Chief Financial Officer, Chief Investment Officer. The typical case for the fund is to invest in rounds with 3 participants. . Learn more. The firm prefers to invest in seed-stage, early-stage, and later-stage companies. All rights reserved. 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. 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. Please pay attention to our flaggers and maintenance of traffic as patterns may change temporarily. WORK PERFORMED BY OTHERS: 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.. Cleveland Avenue Food and Beverage Fund I General Information. A & W Bulb Rd from Gladiolus Drive to McGregor SR 867 (Permit ROW2022-00038): Pike Electric will be working on the overhead power lines. 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. Diversity Spotlight (US Headquarters Only). 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. Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. Flaggers will be on the roadway directing traffic and motorist are advised to use caution for their safety and safety of the workers. The projected end date is March 31, 2023. Motorists should be aware of vehicles entering/exiting the road in this area. Iona Rd from Tahitian Dr to Thorton Rd (ROW2022-01012): Pike Electric will be working on the overhead power lines. Copyright 2023 Cleveland Avenue, LLC. Copyright 2023 Cleveland Avenue, LLC. Alico Road (ROW2022-01108): Mastec will be setting a pole on Alico Road just east of Oriole Road and west of Three Oaks Parkway. Further, the use of this website, and the sending or receipt of such information and materials, does not create a client relationship between us. This communication contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Flaggers will be in place directing traffic around the work area on the east side of Imperial Shores. Lack of representation in the industry results in Black, Latinx, and women entrepreneurs struggling to access venture capital support. 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. The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. The Treasurers Office predates Illinois incorporation in 1818. SaaS, Android, Cloud Computing, Medical Device). The project will be constructed in three segments. Please use caution when traveling through the project. On heavy haul days, GL Homes will be providing flaggers to reduce backups on Corkscrew Road. 4. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. Cleveland Avenue LLC. Cape Coral Toll Facility: Starting Sunday February 19, 2023, and ending on February 22, 2023 nightly from 9:00 PM to 6:00 AM. 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. 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. 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. North Lee County Wellfield Expansion Phase IIIA Project Fort Myers (ROW2022-00030). For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. For further information on MOT, related inquiries please contact Sam Bell at 239-240-9410, sambell@awptraffic.com. Final Construction is scheduled for the end of July with milling and resurfacing of the roadway, new signs and new pavement markings. investor@presto.com, Brock Strasbourger We celebrated Jason Ritter with a little team lunch at Cleveland Avenue's Taste 222. 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. Cleveland Avenue is a Chicago-based venture fund and accelerator that invests in food, beverage, and tech businesses. Chief Financial Officer & Chief Investment Officer, Managing Director, Investor Relations & Chief of Staff, Youre viewing 10 of 67 investments. For further information, please contact Alex DeMarco at (239) 3516080 or alex@collierpave.com. He says venture capital dollars are hard to find in northeast Ohio, but insists money is tight everywhere . For additional information, please contact Rhett Tillman at (239) 533-9400 or email at rtillman@leegov.com. Andrew Hayes This south segment from Tropicana Parkway to Pine Island Road costs $13.6 million. Cleveland Avenue is an investment group and accelerator, which focuses on building new food, beverage, and restaurant concepts. Expect Suwanee Avenue closed on the west side of US 41 / Cleveland Avenue. The Company invests in restaurant, food, and beverage companies. Very incredibly proud of you and your next step Jason. 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. 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. The average startup value when the investment from Cleveland Avenue is 500 millions - 1 billion dollars. 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. Accelerating growth for businesses and developing entrepreneurs. Pedestrians should expect the sidewalk on the south side of the road closed from Ben Hill Griffin Parkway to Stoneybrook Golf Drive while the Village of Estero constructs the shared use path. Work times will be from 7:00 AM to 5:00 PM. 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. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. The work activities above are scheduled to occur, however unforeseen underground conditions and weather may affect this schedule. Area Wide Protective will be providing MOT services. Founded by Don Thompson, the former President and CEO of McDonald's 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. Informed by deep industry intelligence, we bring insight and . For further information, please contact paving@leegov.com. 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. By continuing to use this site you are consenting to these choices. 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. Area Wide Protective will be providing MOT services. Active, Closed, This describes the type of investor this organization is (e.g. The detour and one-way road on Imperial Shores Blvd. 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. 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. We have curated a list of the top Cleveland Venture Capitalists (VC). Please be aware of the advanced warning signs in these areas. Cleveland Avenue makes the information and materials available on this website and all other electronic media for informational purposes only. Learn more atwww.ilgif.com. The restoration efforts are part of a new underground utility improvements project for Lee County. The activities will begin on January 3, 2023 and continue until February 17, 2023. Landscaping Tree Trimming. At that point, work will be performed using One Lane Road operations in shorter sections as crews work their way north. The one-lane road operations are estimated to continue through the end of March 2023. A $70M initiative that will bridge the capital and resource gap impacting Black, Latinx, and women entrepreneurs in Chicago's South and West Side neighborhoods. The projected end date is May 12, 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.