The Treasurers Office predates Illinois incorporation in 1818. RESCHEDULED: Crews will be working during the nighttime/overnight hours on Thursday, February 24 to switch traffic to the new lanes. Cleveland Avenue, a food innovation-focused venture capital firm from former McDonald's CEO Don Thompson, has launched a new $70 million fund that will invest in Chicago companies owned by Black . Bradanna, Inc. will provide maintenance of traffic services (239) 455-8891. Ovation Brands, SUPERVALU, and McDonald's, Chief Financial Officer, Chief Investment Officer. Andrew Hayes Lane closures are not anticipated at this time, but motorists should expect construction vehicles and minor traffic disruptions while construction activities are being performed. Call (844) 417-2688 with any questions. Pondella Road Bridge Maintenance Activities: Lee County DOT Contractor, Villafuerte Construction, will perform maintenance activities on the Pondella Road Bridge. Construction project: Crews will be installing and relocating utilities and constructing medians on US 41/Cleveland Avenue from Winkler Avenue to SR 82. 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. Drivers, pedestrians and bicyclists should use caution and be aware of construction equipment and vehicles entering/exiting streets in the project area. Cleveland Avenue, the Illinois Growth and Innovation Fund, the Walter Family, Benefit Chicago, private and family foundations, and prominent financial institutions have come together to support a more inclusive venture capital ecosystem and more directly impact Black, Latinx, and women entrepreneurs in Chicago through the CAST US initiative. 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. Cleveland Clinic Ventures Investments (23) Company Name Deal Date . The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. WORK PERFORMED BY OTHERS: The projected end date is April 30, 2023. Motorists should expect construction vehicles pulling in and out of traffic near the driveways of The Preserve at Corkscrew and Bella Terra. Crews will be replacing the signal. Southbound will be detoured from Bell Blvd. Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. site you are consenting to these choices. Copyright 2023 CB Information Services, Inc. All rights reserved. Description. There can be no assurance that the data contained herein is reflective of future performance to any degree. . A unique team of food and beverage specialists who drive concept growth. bridge between Crestview Pl & Scenic St, mile south of the Joel Blvd/ Leeland Heights Blvd. to east on Joel Blvd. The projected start date is January 30, 2023. Starting on February 1, 2023/February 3, 2023, there will be a two-lane closure on the eastbound middle and righthand lane on Alico Road. 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 typical case for the fund is to invest in rounds with 3 participants. locations may have flagged and intermittent nightly lane closures from 7:00 PM to 6:00 AM. Corporate Venture Capital; 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. Angel, Fund of Funds, Venture Capital), General contact email for the organization. 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. Asphalt pavement, concrete sidewalk, concrete curbing, and drainage improvements will be performed. John Morris Road from Summerlin Road, 869, to McGregor Boulevard, 867 (ROW2022-00939): Pike Electric will be working on the overhead power lines. By Staff | Feb 23, 2023 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. 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. For further information regarding this project please contact Andrew Sitework, LLC at 239-226-1606 or chad@andrewsitework.com 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. 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. Its shares of common stock, units, warrants and rights trade under the ticker symbols VTAQ, VTAQU, VTAQW, and VTAQR respectively. You are cautioned not to place undue reliance on forward-looking statements as a predictor of future performance as projected financial information and other information are based on estimates and assumptions that are inherently subject to various significant risks, uncertainties and other factors, many of which are beyond our control. Starting in June through July of 2023, crews will complete the work from Esplanade to Tarpon Ave under a One Lane Road operation. Welcome to Cleveland Avenue LLC- a venture capital firm that strategically consults and Invests in restaurant, food & beverage concepts. Motorists should expect turn lane closures and intermittent traffic stops as equipment is removed and replaced. Sidewalk closure at Crystal Drive and 12270 Metro Parkway Additional information regarding the participants will also be included in the proxy statement/prospectus, when it becomes available. 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. Crews will be working Monday through Saturday from 8:00 AM until 5:00 PM. Landscaping Tree Trimming. Motorists should expect side road closures from Winkler Avenue to Victoria Avenue throughout the duration of the project. The outside (right) lane of Eastbound traffic on Bonita Beach Road SW between Meadowlark Lane and Windsor Road will be subject to lane closures. 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: 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 said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. On heavy haul days, GL Homes will be providing flaggers to reduce backups on Corkscrew Road. 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. Founded at M.I.T. 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. VTAQ is co-sponsored by Ventoux Acquisition Holdings and an affiliate of Chardan Capital International. World Business Chicago's annual venture summit expands to food innovation, May 25-26, 2022; Over 400 founders, innovators, and investors, will meet to discuss why Chicago is a global food . The projected start date is January 30, 2023. Tags: BBChicago, Black Business, BlackEntrepreneur, BlackOwned, BlackOwnedBusiness, Dsanders, SmallBusiness, Support Small Business, SupportBlackBusiness. , New York), and Somrus (a line of Indian flavoured liqueurs). our sites and services. MOT will be provided through ACME Barricades (239)479-5266; DBlack@acmebarricades.com dtanner@acmebarricades.com. For further information, please contact Jillian Scholler at (239) 533-8591 or email at jscholler@leegov.com. 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/. Lee County DOT will be performing lane maintenance through toll plaza. Established by Illinois Treasurer Frerichs, the Illinois Growth and Innovation Fund (ILGIF) is an evergreen, $1 billion impact investment fund that will invest in ways to attract, assist and retain quality technology-enabled businesses in Illinois. Each segment will have most of the construction completed prior to moving to the next segment. Media: The fund invests in companies across the food and beverages and TMT sectors. Bell Blvd Bridge Closure and Detour Begins February 20, 2023: The Bell Blvd. Coolidge Ave @Spur A Canal, Arthur Ave @ Spur A Canal, Richmond Ave N. @ Able Canal, Alabama Road @ Racer Canal and Bell Blvd @ Jim Canal. The projected start date is January 30, 2023. 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. For further information on MOT, related inquiries please contact Sam Bell at 239-240-9410, sambell@awptraffic.com. The projected end date is April 30, 2023. Among Dom's investors is Cleveland Avenue, the venture firm started by former McDonald's CEO . Cleveland Avenue; Cleveland Avenue (investor - Venture Capital) clevelandavenue.com . The firm prefers to invest in seed-stage, early-stage, later-stage, and growth-stage companies. Advice from the late founder of Columbus' Worthington Industries has shaped Tony Manna's approach to business throughout his career. Copyright 2023. . San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. Angel, Fund of Funds, Venture Capital), This describes the stage of investments made by this organization (e.g. For further information, please contact John Dalton at (239) 898-7853. 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. 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. Motorists should expect a new traffic pattern on Friday morning, February 25. 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. GL Homes is actively working in their development site across from Wild Blue Boulevard. The expected project completion is late 2023. VTAQ began trading on the Nasdaq on December 23, 2020 following its initial public offering. Crews will also install water main from a connection point on the east side of US 41 near 12499 Cleveland Avenue (PDQ). Motorists should expect delays and use caution as construction vehicles enter/exit the roadway. Motorists should expect intermittent Northbound and Southbound Lane closures during nighttime/overnight hours, weather permitting. Founded in 2015, Cleveland Avenue is a venture capital firm based in Chicago, Illinois. Win whats next. The firm prefers to invest in seed-stage, early-stage, and later-stage companies. All information set forth herein speaks only as of the date hereof in the case of information about Ventoux and Presto or the date of such information in the case of information from persons other than Ventoux and Presto, and we disclaim any intention or obligation to update any forward-looking statements as a result of developments occurring after the date of this communication. 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. The projected start date is September 19, 2022. SaaS, Android, Cloud Computing, Medical Device). Dom's expects to open its first location in Chicago in June. Motorists and pedestrians are urged to use extra caution in this area. 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. 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. 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. For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. The firm provides resources and expertise to support remarkable companies and the people behind them. Lack of representation in the industry results in Black, Latinx, and women entrepreneurs struggling to access venture capital support. Area Wide Protective will be providing MOT services. The projected start date is February 20, 2023, and it is expected to be completed by March 6, 2023. 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. Try for free at rocketreach.co North Lee County Wellfield Expansion Phase IIIA Project Fort Myers (ROW2022-00030). IMPERIAL SHORES Boulevard Bonita Springs FL ROW2022-00816 Crews will be replacing the signal. investor@presto.com, Brock Strasbourger Copyright 2023 Cleveland Avenue, LLC. 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. View contacts for Cleveland Avenue to access new leads and connect with decision-makers. Cleveland Avenue | 4,571 followers on LinkedIn. Contact Email info@clevelandavenue.com. This work will be performed under a One Lane Road Operation. 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. John Morris Road from McGregor Boulevard, 867, to Iona Road (ROW2022-00927) Pike Electric will be working on the overhead power lines. Crews continue driving sheet pile around the causeway islands. We are intentionally committed to addressing the capital gap for underrepresented entrepreneurs and underserved communities in Chicago. For questions, please Contact Rob Radford (239) 229-5980. Active, Closed, This describes the type of investor this organization is (e.g. to south on Country Club Pkwy, east on E 2nd St, south on McArthur Blvd to west on Sentinela Blvd. 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. Return to Cleveland Avenue Site. Investment Stage Early Stage Venture. That same guidance has also inspired the formation of M7 Holdings, a family investment office that brings together Manna's work in private equity, venture capital and real estate development plus a charitable foundation that's in the works under one . The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. 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 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 Informed by deep industry intelligence, we bring insight and . The projected start date is February 9, 2023. 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. For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. Lack of representation in the industry results in Black, Latinx, and women entrepreneurs struggling to access venture capital support. Crews are expected to work 7:00 AM to 7:00 PM This project is expected to be completed in summer 2023. 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. Crews continue earthwork on the causeway islands. Annualized, pro forma, projected and estimated numbers are used for illustrative purposes only, are not forecasts and may not reflect actual results. The fund is based in Chicago, Illinois. For further information on MOT, related inquiries please contact Sam Bell at 239-240-9410, sambell@awptraffic.com. Please be aware of shifts in travel lanes and bike lanes, sidewalk detours, miscellaneous turn lane closures, and uneven pavement throughout the project. For further information on MOT, related inquiries please contact Sam Bell at 239-240-9410, sambell@awptraffic.com. 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. 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. At that point, work will be performed using One Lane Road operations in shorter sections as crews work their way north. 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. Sidewalk closure at Crystal Drive and 12270 Metro Parkway: Continued sidewalk closure approximately 100, February 6 through February 10, 2023 Further, the use of this website, and the sending or receipt of such information and materials, does not create a client relationship between us. Storm water work outside of sidewalk/travel lanes will be ongoing from Wednesday, January 11, 2023 through Friday, February 24, 2023. Prestos enterprise-grade voice, vision, and touch technologies help hospitality businesses thrive while delighting guests. The one-lane road operations are estimated to continue through the end of March 2023. intersection will be closed to all through traffic beginning Monday February 20, 2023 for repairs. Directional Drill will be performed along Nalle Road from Quail Run heading south towards Sedgefield Road. 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. Learn more atclevelandavenue.comand follow us onTwitter,LinkedIn, andInstagram. Cleveland Avenue has 4 portfolio exits. Companies like Cleveland Avenue include S2G Ventures, Millenium Food-Tech, and The House Fund. Beginning April 1, 2021 entrepreneurs interested in learning more about the CAST US initiative can visitClevelandavenue.com/castus. Informed by deep industry intelligence, we bring insight and discipline to streamline and accelerate businesses. 41/Cleveland Avenue from Winkler Avenue to SR 82/Dr. 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. Expect Hoople Street closed on the east side of US 41 / Cleveland Avenue. The expected project completion is late 2023. 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. 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. 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. media@presto.com Milling and paving will start Tuesday, January 31st, 2023 and will tentatively go through Friday February 3, 2023. For further information, please contact paving@leegov.com. Imperial Shores will be open to two-way traffic from Bonita Beach Road to Gary Road and from Pine Lake Road to Tarpon Avenue. Southbound lane along Nalle Road will be subject to temporary daily lane closures. Cleveland Avenues Chief Financial and Investment Officer, Keith Kravcik, will join Prestos Board.
August 4
cleveland avenue venture capitalcleveland avenue venture capital
0 comments