cleveland avenue venture capital

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. 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. Scott Safety, LLC will provide maintenance of traffic services (833) 723-3499. The projected start date is September 19, 2022. Cleveland Avenue LLC operates as a venture capital investment company. For further information you can contact Jessie Culpepper at 239-913-9127. 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. Iona Road from John Morris Road to Tahitian Drive (ROW2022-00937): Pike Electric will be working on the overhead power lines. The projected start date is February 20, 2023, and it is expected to be completed by March 6, 2023. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. 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 contractor is Wright Construction. For additional information, please contact Neil Monkman at (230) 226-1601 Ext. 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. For additional information, please contact Rhett Tillman at (239) 533-9400 or email at rtillman@leegov.com. Phone Number 312.383.6700. The Village of Estero will be installing shared use paths, lighting, and landscaping as phasing allows. 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. 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. Get the full list, Morningstar Institutional Equity Research. By continuing to use this site you are consenting to these choices. Founded in 2015 by industry veteran Don Thompson, we support entrepreneurs whose innovations are disrupting the norm. Intermittent lane closures can be expected with variable message board on approach to notify drivers. 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. Besides this work activity, two lanes of two-way travel has been restored ahead of schedule in the Bella Terra driveway. Iona Rd from Tahitian Dr to Thorton Rd (ROW2022-01012): Pike Electric will be working on the overhead power lines. 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. This press release is not a substitute for the proxy statement/prospectus. Cleveland Avenue has 1 fund, including Cleveland Avenue State Treasurers Urban Success Fund. 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. By Staff | Feb 23, 2023 Our enterprise-grade voice, vision, and touch technologies help hospitality businesses thrive while delighting guests. Lane closures will be limited to between the hours of 9:00pm to 5:00am. The firm prefers to invest in food tech, restaurant, and technology sectors. 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. A detour will be in place with ample signs routing traffic around the work area. This project should be complete by the end of February. in 2008, Presto is headquartered in Silicon Valley, Calif. with customers including many of the top 20 restaurant chains in the U.S. 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. 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. Starting on April 2023 and continuing through May of 2023, crews will resume construction from Little Hickory working their way north to Esplanade Drive. Final Construction is scheduled for the end of July with milling and resurfacing of the roadway, new signs and new pavement markings. Additional information regarding the participants will also be included in the proxy statement/prospectus, when it becomes available. Notable food & beverage companies in Cleaveland Avenue's investment portfolio include. Angel, Fund of Funds, Venture Capital), General contact email for the organization. Periodic lane closures for northbound and southbound lanes will occur between the hours of 9:00 PM and 5:00 AM on weekdays. The revised merger terms reflect a pre-money valuation for Presto of $525 million. Angel, Fund of Funds, Venture Capital), This describes the stage of investments made by this organization (e.g. |, 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. He works at Raulston Venture Capital in Cleveland. Martin Luther King Jr. Boulevard. Temporary traffic Control devices will be utilized for pedestrian safety as well as that of the contractors workforce. Area Wide Protective will be providing MOT services. 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. Further, the use of this website, and the sending or receipt of such information and materials, does not create a client relationship between us. Pine Island Emergency Repairs- Between 4274 and 4120 Pine Island Road: Starting Wednesday February 22nd through Friday March 3rd motorists should expect temporary lane closures with flaggers between 7:00 PM and 5:00 AM while conducting underground construction. 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. 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. The one-lane road operations are estimated to continue through the end of March 2023. | 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 locations. bridge between Crestview Pl & Scenic St, mile south of the Joel Blvd/ Leeland Heights Blvd. During the work processes, men and equipment may be temporarily in the roadway. Prestos enterprise-grade voice, vision, and touch technologies help hospitality businesses thrive while delighting guests. The firm prefers to invest in food tech, restaurant, and technology sectors. Alico Road (ROW2022-01108): Mastec will be setting a pole on Alico Road just east of Oriole Road and west of Three Oaks Parkway. The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. 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. 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. 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). The fund is based in Chicago, Illinois. Motorists should expect intermittent Northbound and Southbound Lane closures during nighttime/overnight hours, weather permitting. 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 . Crews will be working Monday through Saturday from 8:00 AM until 5:00 PM. 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. MEDIA CONTACTS When available, these documents can be obtained free of charge from the sources indicated above. Motorists should expect a new traffic pattern on Friday morning, February 25. WORK PERFORMED BY OTHERS: Periodic lane closures for eastbound lanes will occur between the hours of 9:00 AM and 3:30 PM on weekdays. Southbound will be detoured from Bell Blvd. We have curated a list of the top Cleveland Venture Capitalists (VC). We are intentionally committed to addressing the capital gap for underrepresented entrepreneurs and underserved communities in Chicago. 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. 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. . Copyright 2023 Cleveland Avenue, LLC. 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. Cleveland Avenue serves customers in . Their latest investment was in Zerocater as part of their Series C on February 2, 2023. 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. Innovative and equitable solutions like those offered by Cleveland Avenue truly address small businesses needs and provide critical resources for entrepreneurs of color.. 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. All rights reserved. Periodic lane closures will occur during the dates provided and as described for travel lanes between 9:00 PM to 6:00 AM nightly, Monday through Sunday. 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. . Chief Financial Officer & Chief Investment Officer, Managing Director, Investor Relations & Chief of Staff, Youre viewing 10 of 67 investments. There can be no assurance that the data contained herein is reflective of future performance to any degree. Cleveland Avenue (investor). Drivers, pedestrians and bicyclists should use caution and be aware of construction equipment and vehicles entering/exiting streets in the project area. 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. The roadway north and south of the work area will be open to two-way traffic. 4. Further, the use of this website, and the sending or receipt of such information and materials, does not create a client relationship between us. He has been with Cleveland Avenue since its inception in September 2015, and has a 30-year career leading financial organizations, including having spent 16 years at McDonalds Corporation. Founders Don Thompson, J. Skyler Fernandes. Starting Sunday, January 15, 2023, these For further information, please contact Jillian Scholler at (239) 533-8591 or email at jscholler@leegov.com. 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. For questions, please Contact Rob Radford (239) 229-5980. Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. Try for free at rocketreach.co 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. Cleaveland Avenue is a venture capital firm and startup accelerator headquartered in Chicago, Illinois, that was founded in 2015 by Don Thompson. 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. Win whats next. This schedule may be subject to change due to inclement weather and unforeseen underground conditions. We are proud to partner with Cleveland Avenue and tap into over 200 years of collective experience across industries to prepare more entrepreneurs in Illinois for initial and follow-on investments. Imperial Shores will be open to two-way traffic from Bonita Beach Road to Gary Road and from Pine Lake Road to Tarpon Avenue. For further information, please get in touch with Avelino Cancel at 239-533-9400 or by email at acancel@leegov.com. Contact Email info@clevelandavenue.com. A & W Bulb Rd from Gladiolus Drive to McGregor SR 867 (Permit ROW2022-00038): Pike Electric will be working on the overhead power lines. Crews will be replacing the signal. Expect Victoria Avenue closed on the east side of US 41 / Cleveland Avenue. Rajul Misra & Brian Ruby Cleveland Avenue makes the information and materials available on this website and all other electronic media for informational purposes only. Venture Capitalists (VC) play an important role in the startup ecosystem. Number of Exits 2. ACME Barricades will provide maintenance of traffic services (954) 321-3587. 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.. The Cleveland Avenue Food Experience is our laboratory and gathering place. #drivethrutechnology #VoiceAI, 2018-23 Presto Automation Inc. All Rights Reserved. He says venture capital dollars are hard to find in northeast Ohio, but insists money is tight everywhere . Illinois Growth and Innovation Fund(ILGIF). lane traveling westbound on Alico Road. For further information on MOT, related inquiries please contact Sam Bell at (239)240-9410, sambell@awptraffic.com. Lehigh Acres Resurfacing FY22A: Lee County DOT, along with their contractor Community Asphalt will be milling and paving on various roads in Lehigh Acres. For further information, please contact Alex DeMarco at (239) 3516080 or alex@collierpave.com. In the greater Chicagoland area, Black and Latinx entrepreneurs have 80 percent of their equity capital needs going unmet compared to 46 percent of white business owners, according to a recent study by the consulting firm Next Street. ILGIF aims to invest more than $1 billion on a recurring basis creating an estimated 60,000 jobs per investment cycle. Please be patient as travel may be slower than usual. For further information, please contact Brian Williams with Pike at (239) 225-8037 or at bwilliams@pike.com. For further information, please contact Cole Bryan (863) 268-3941 or via email Jbryan@irbyconstruction.com. It is a venture capital firm and startup accelerator that is headquartered in Chicago, Illinois. Drivers are urged to use extra caution when traveling through the work zone. Lack of representation in the industry results in Black, Latinx, and women entrepreneurs struggling to access venture capital support. The Treasurers Office predates Illinois incorporation in 1818. Pedestrians are not permitted on the Sanibel Causeway. Asphalt pavement sampling will be performed. Area Wide Protective will be providing MOT services. ACME Barricades will provide maintenance of traffic services (239) 479-5266. 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. 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. Drivers, pedestrians, and bicyclists are urged to use extra caution when traveling through the work zone. 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. Scotts Safety will doing the MOT (Clint Scott at 239-340-8697). 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. Beyond Meat Closes Latest Fundraising Round Led by Don Thompson and Cleveland Avenue, LLC Investment Firm, http://www.iptv.org/mtom/story/28973/beyond-meat-closes-latest-fundraising-round-led-don-thompson-and-cleveland-avenue, Beyond Meat raises $55 million from Cleveland Avenue and Tyson Foods to triple production | Nuu, http://biofuelsdigest.com/nuudigest/2017/12/13/beyond-meat-raises-55-million-from-cleveland-avenue-and-tyson-foods-to-triple-production/, Drink Maple Pulls in $3.9 Million in New Funding Round - BevNET.com, https://www.bevnet.com/news/2017/drinkmaple-works-close-new-funding-round, Former McDonald's CEO, Don Thompson, Launches Venture Capital Group Named Cleveland Avenue, https://www.blackentrepreneur.com/former-mcdonalds-ceo-don-thompson-launches-venture-capital-group-named-cleveland-avenue/, Former McDonalds CEO Is Launching a Food-Focused VC Firm, https://www.americaninno.com/chicago/former-mcdonalds-ceo-is-launching-a-food-focused-vc-firm/. Cleveland Avenue Food and Beverage Fund I General Information. The fund invests in companies across the food and beverages and TMT sectors. 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.

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