We are intentionally committed to addressing the capital gap for underrepresented entrepreneurs and underserved communities in Chicago. 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 . 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. Iona Rd from Tahitian Dr to Thorton Rd (ROW2022-01012): Pike Electric will be working on the overhead power lines. Dom's Kitchen & Market, which is part market and part kitchen, said on Wednesday that it has raised another $15 million in growth capitalbringing the total amount to $25 million. For further information you can contact Jessie Culpepper at 239-913-9127. 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. Learn more atwww.ilgif.com. Estimated completion is late 2023. Additional information regarding the participants will also be included in the proxy statement/prospectus, when it becomes available. 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). 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. Founded in 2015, Cleveland Avenue is a venture capital firm based in Chicago, Illinois. Expect Hoople Street closed on the east side of US 41 / Cleveland Avenue. Ryan Gardella & Michael Bowen It is a venture capital firm and startup accelerator that is headquartered in Chicago, Illinois. Crews will be replacing the signal. This crossing will coincide with a regional flow-way that crosses Corkscrew Road at that location. This project should be complete by the end of February. Cleveland Avenue | 4,571 followers on LinkedIn. Cleveland Clinic Ventures Investments (23) Company Name Deal Date . 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. For further information, please contact paving@leegov.com. Motorists should expect one lane in the Bella Terra exit to be closed Monday, February 20 and Tuesday, February 21. . CORKSCREW ROAD (ROW2021-00003): Mastec will be working on the power line along the east bound lane of Corkscrew Road, approximately 100 ft east of Three Oaks Parkway, and will require an eastbound lane closure starting on Monday, January 30, 2023 and pole will be completed by Friday, February 10, 2023. Chrome Extension. 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. John Morris Road from Summerlin Road, 869, to McGregor Boulevard, 867 (ROW2022-00939): Pike Electric will be working on the overhead power lines. 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. Presto overlays next-gen digital solutions onto the physical world. Rajul Misra & Brian Ruby By continuing to use this site you are consenting to these choices. GL Homes is actively working in their development site across from Wild Blue Boulevard. Please use caution and drive with courtesy and patience throughout the project area. 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. 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 MOT/TTC will be provided by Southwest Utility Systems. MOTORISTS ARE REMINDED TO OBEY THE POSTED SPEED LIMIT. Venture Capitalists (VC) play an important role in the startup ecosystem. 30,000 square feet in downtown Chicago dedicated to culinary concept development and consumer validation. CBI websites generally use certain cookies to enable better interactions with our sites and services. Flaggers will be in place directing traffic around the work area on the east side of Imperial Shores. For further information on MOT, related inquiries please contact Sam Bell at 239-240-9410, sambell@awptraffic.com. RESCHEDULED: During the nighttime/overnight hours on Thursday, February 23, motorists are urged to plan extra time when using the Stoneybrook Golf Drive intersection. Please contact 239-936-9444 with any questions or concerns. Cape Coral Toll Facility: Starting Sunday February 19, 2023, and ending on February 22, 2023 nightly from 9:00 PM to 6:00 AM. Flaggers will be on the roadway directing traffic and motorist are advised to use caution for their safety and safety of the workers. A & W Bulb Rd from Gladiolus Drive to McGregor SR 867 (Permit ROW2022-00038): Pike Electric will be working on the overhead power lines. Phone Number 312.383.6700. The work activities above are scheduled to occur, however unforeseen underground conditions and weather may affect this schedule. 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. Drivers are urged to use extra caution when traveling through the work zone. Work is expected to be completed by the week of March 6, 2023. Cleveland Avenue LLC. US 41/Cleveland Avenue from Winkler Avenue to SR 82/Dr. 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. 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. We have curated a list of the top Cleveland Venture Capitalists (VC). 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. Crews will also install water main from a connection point on the east side of US 41 near 12499 Cleveland Avenue (PDQ). All rights reserved. Chief Financial Officer & Chief Investment Officer, Managing Director, Investor Relations & Chief of Staff, Youre viewing 10 of 67 investments. Diversity Spotlight (US Headquarters Only). For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. This communication contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The roadway north and south of the work area will be open to two-way traffic. Its shares of common stock, units, warrants and rights trade under the ticker symbols VTAQ, VTAQU, VTAQW, and VTAQR respectively. On heavy haul days, GL Homes will be providing flaggers to reduce backups on Corkscrew Road. 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. During the work processes, men and equipment may be temporarily in the roadway. For questions, please Contact Rob Radford (239) 229-5980. 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. traffic will be detoured east on Sentinela Blvd. Cleveland Avenue has 3 team members, including current Chief Financial Officer, Chief Investment Officer, Keith Kravcik. 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. Road Work/Maintenance/Improvement Win whats next. The one-lane road operations are estimated to continue through the end of March 2023. Presto overlays next-gen digital solutions onto the physical world. Drive-thrus are well-suited for automation. Number of Exits 2. The company is looking to raise roughly $200 million in the stock sale for its portfolio of burger, chicken and sausage replacements, sellin Cleaveland Avenue was founded by Don Thompson, former CEO of McDonald's, in 2015. 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). Find top employees, contact details and business statistics at RocketReach. Motorists should expect intermittent Northbound and Southbound Lane closures during nighttime/overnight hours, weather permitting. 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. View contacts for Cleveland Avenue to access new leads and connect with decision-makers. Landscaping Tree Trimming. Motorists should be aware of vehicles entering/exiting the road in this area. 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. The Treasurers Office predates Illinois incorporation in 1818. For additional information, please contact Neil Monkman at (230) 226-1601 Ext. Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights platform. 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. Get the full list, To view Cleveland Avenues complete exits history, request access, Youre viewing 5 of 26 team members. By Staff | Feb 23, 2023 The traffic signal will be dark, and Lee County Sheriffs Office will be directing traffic. 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. |, 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. Very incredibly proud of you and your next step Jason. Crews continue earthwork on the causeway islands. 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 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. Asphalt pavement widening, embankment, base rock, concrete curbing, and striping will be performed. Southbound will be detoured from Bell Blvd. For questions, please contact Kris Cella at (239) 337-1071. Iona Road from John Morris Road to Tahitian Drive (ROW2022-00937): Pike Electric will be working on the overhead power lines. 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. 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. current Chief Financial Officer, Chief Investment Officer, Keith Kravcik, CBI websites generally use certain cookies to enable better interactions with. 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. Intermittent lane closures can be expected with variable message board on approach to notify drivers. This schedule may be subject to change due to inclement weather and unforeseen underground conditions. For further information regarding this project please contact Andrew Sitework, LLC at 239-226-1606 or chad@andrewsitework.com Further, the use of this website, and the sending or receipt of such information and materials, does not create a client relationship between us. The outside (right) lane of Eastbound traffic on Bonita Beach Road SW between Meadowlark Lane and Windsor Road will be subject to lane closures. Cleveland Avenue is providing this website, related electronic media and other information only as a convenience for you. Southbound lane along Nalle Road will be subject to temporary daily lane closures. 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. Continued sidewalk closure approximately 100, February 20 through February 25, 2023 The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. Scotts Safety will be providing all maintenance of traffic services for this project. The projected end date is March 31, 2023. The firm prefers to invest in seed-stage, early-stage, and later-stage companies. Area Wide Protective will be providing MOT services. Periodic lane closures for eastbound lanes will occur between the hours of 9:00 AM and 3:30 PM on weekdays. Our enterprise-grade voice, vision, and touch technologies help hospitality businesses thrive while delighting guests. This work will be performed under a One Lane Road Operation. Scott Safety, LLC will provide maintenance of traffic services (833) 723-3499. However, Ventoux, Presto, and certain of their directors and executive officers may be deemed to be participants in the solicitation of proxies in connection with the proposed business combination under the rules of the SEC. The activities will begin on January 3, 2023 and continue until February 17, 2023. Expect Victoria Avenue closed on the east side of US 41 / Cleveland Avenue. brian@andrewssitework.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. 30,000 square feet in downtown Chicago dedicated to culinary concept development and consumer validation. This feature is in beta and may change with future updates. All rights reserved. ILGIF aims to invest more than $1 billion on a recurring basis creating an estimated 60,000 jobs per investment cycle. Lack of representation in the industry results in Black, Latinx, and women entrepreneurs struggling to access venture capital support. Motorist should use caution and expect some delays when work is active. The documents filed or that will be filed with the SEC relating to the proposed business combination (when they are available) can be obtained free of charge from the SECs website at www.sec.gov. Crews continue work on the 10-foot-high fence that will be used to funnel the wildlife to cross safely under Corkscrew Road. North Lee County Wellfield Expansion Phase IIIA Project Fort Myers (ROW2022-00030). The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. 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. Both northbound and southbound lanes of Buckingham Road will be subject to lane closures during nighttime milling and paving operations. 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 project is expected to be completed by spring 2023. Copyright 2023. Acceleration Services A unique team of food and beverage specialists who drive concept growth. Please use caution and watch for workers and construction vehicles entering and leaving the roadway. Active, Closed, This describes the type of investor this organization is (e.g. Project cost is approximately $23 M. The contractor is Cougar Contracting, LLC. 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. Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. 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. Martin Luther King Jr. Boulevard. 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. For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.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. 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 . Seed ventures, early stage and private equity deals focused on emerging restaurants, beverages, services, and technologies designed for foodservice and hospitality channels. 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 further information on MOT, related inquiries please contact Sam Bell at (239)240-9410, sambell@awptraffic.com. This press release is not a substitute for the proxy statement/prospectus. This south segment from Tropicana Parkway to Pine Island Road costs $13.6 million. Search Crunchbase. Description. PitchBooks data visualizations quickly surface an investors historical investmentsshowing a breakdown of activity by industry, year and region. Angel, Fund of Funds, Venture Capital), General contact email for the organization. The information is general in nature and does not constitute advice. 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. Turn lanes are currently unavailable at Wild Blue Boulevard, Cypress Shadows Boulevard (The Preserve at Corkscrew), Midnight Blue Boulevard, and Bella Terra Boulevard (eastbound right-turn lane). 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. Annualized, pro forma, projected and estimated numbers are used for illustrative purposes only, are not forecasts and may not reflect actual results. Established in 2016, Cleveland Clinic Ventures is a corporate venture capital firm headquartered in Cleveland, Ohio. Launched in 2016, Benefit Chicago is a collaboration between the John D. and Catherine T. MacArthur Foundation, The Chicago Community Trust, and Calvert Impact Capital. Bicyclists are encouraged to utilize another mode of transportation to travel the causeway. 1. The projected end date is May 12, 2023. Cleveland Avenue General Information. The projected end date is March 31, 2023. Westgate Boulevard at 8th Street West: Lee County DOT will be implementing a traffic pattern change at the intersection of Westgate Boulevard and 8th Street West. The fund is based in Chicago, Illinois. Return to Cleveland Avenue Site. 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 detour and one-way road on Imperial Shores Blvd. 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 firm prefers to invest in food tech, restaurant, and technology sectors. 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. Cleveland Avenue is providing this website, related electronic media and other information only as a convenience for you. 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. Cleveland Avenue deals with seed ventures, early-stage, and private equity deals focused on emerging restaurants, beverages, services, and technologies designed for foodservice and hospitality channels. Informed by deep industry intelligence, we bring insight and discipline to streamline and accelerate businesses. Bradanna, Inc. will provide maintenance of traffic services (239) 455-8891. 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. For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. It seeks to mobilize $100 million in catalytic capital for nonprofits and social enterprises in Chicago. For further information, please contact Brian Brandfass at (239) 226-1606 Ext. Cleveland Avenue deals with seed ventures, early-stage, and private equity deals focused on emerging . Sidewalk and Driveway closure along Crystal Drive between 12255 S Cleveland Ave and 2378 Crystal Drive The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. 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. Area Wide Protective will be providing MOT services.
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