Cleveland Avenue LLC. The information is general in nature and does not constitute advice. This communication is for informational purposes only and is not intended to and shall not constitute a proxy statement or the solicitation of a proxy, consent or authorization with respect to any securities in respect of the proposed business combination and shall not constitute an offer to sell or the solicitation of an offer to buy or subscribe for any securities or a solicitation of any vote of approval, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. The projected end date is March 31, 2023. GL Homes is actively working in their development site across from Wild Blue Boulevard. Welcome to Cleveland Avenue LLC- a venture capital firm that strategically consults and Invests in restaurant, food & beverage concepts. Expect Hoople Street closed on the east side of US 41 / Cleveland Avenue. Crews will be working Monday through Saturday from 8:00 AM until 5:00 PM. This project consists of widening Burnt Store Road to four lanes. In October 2022, it closed a $11.5 million Series B with investors including Cleveland Avenue State Treasurer Urban Success Fund, Fearless Fund, Kaya Ventures, and Supply Change Capital. Presto overlays next-gen digital solutions onto the physical world. Scotts Safety will doing the MOT (Clint Scott at 239-340-8697). 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. The investment approach is cautious to ensure the preservation of capital. Beginning April 1, 2021 entrepreneurs interested in learning more about the CAST US initiative can visitClevelandavenue.com/castus. Oak View Road Widening (Buckingham Road) Fort Myers (ROW2022-01435): Southern Striping Solutions LLC will be performing roadway widening improvements beginning Tuesday, February 6, 2023, and continue through March 16, 2023. Cleaveland Avenue was founded by Don Thompson, former CEO of McDonald's, in 2015. Ample signs will be in place to safely guide traffic around the work area. The fund invests in companies across the food and beverages and TMT sectors. Fiddlesticks Boulevard at Daniels Parkway and Palomino Lane at Jobe Road/Kings Crossing Road: Lee County DOT will be performing repairs to the Qwick Curb along the centerline of Fiddlesticks Boulevard at Daniels Parkway and Palomino Lane at Jobe Road/Kings Crossing Road. Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights platform. Drivers are urged to use extra caution when traveling through the work zone. The firm prefers to invest in seed-stage, early-stage, later-stage, and growth-stage companies. Copyright 2023 CB Information Services, Inc. All rights reserved. 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. 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. 1375 Euclid Avenue, Cleveland, Ohio 44115 (216) 916-6100 | (877) 399-3307 WKSU is a public media service licensed to Kent State University and operated by Ideastream Public Media. Cleveland Avenue State Treasurers Urban Success Fund. For further information on MOT, related inquiries please contact Sam Bell at (239)240-9410, sambell@awptraffic.com. . On heavy haul days, GL Homes will be providing flaggers to reduce backups on Corkscrew Road. Area Wide Protective will be providing MOT services. Please be aware of the advanced warning signs in these areas. At that point, work will be performed using One Lane Road operations in shorter sections as crews work their way north. 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. For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. About Cleveland Avenue, LLC. For additional information, please contact Sean Whitaker @ 678-247-4933 swhitaker@plateauexcavation.com Residents are entering and exiting communities on both sides of Corkscrew Road. bridge between Crestview Pl & Scenic St, mile south of the Joel Blvd/ Leeland Heights Blvd. Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. Cleveland Avenue makes the information and materials available on this website and all other electronic media for informational purposes only. This south segment from Tropicana Parkway to Pine Island Road costs $13.6 million. Storm water work outside of sidewalk/travel lanes will be ongoing from Wednesday, January 11, 2023 through Friday, February 24, 2023. The project is expected to be completed by spring 2023. Motorists should expect one lane in the Bella Terra exit to be closed Monday, February 20 and Tuesday, February 21. 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). The expected project completion is late 2023. 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. For further information on MOT, related inquiries please contact Sam Bell at 239-240-9410, sambell@awptraffic.com. Active, Closed, This describes the type of investor this organization is (e.g. Temporary traffic Control devices will be utilized for pedestrian safety as well as that of the contractors workforce. Number of Exits 2. For further information, please contact paving@leegov.com. For additional information, please contact Victor Menocal at vmenocal@rpucorp.com or (305) 776-8181. Motorists should expect side road closures from Winkler Avenue to Victoria Avenue throughout the duration of the project. Get the full list, Youre viewing 5 of 241 co-investor. Lane closures are not anticipated at this time, but motorists should expect construction vehicles and minor traffic disruptions while construction activities are being performed. Please be aware of shifts in travel lanes and bike lanes, sidewalk detours, miscellaneous turn lane closures, and uneven pavement throughout the project. Angel, Fund of Funds, Venture Capital), This describes the stage of investments made by this organization (e.g. 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 Chicagos South and West Side neighborhoods. The MOT company will be Scotts Safety and their point of contact will be Clint Scott (239)340-8697. Corporate Venture Capital; . Use the CB Insights Platform to explore Cleveland Avenue's full profile. Bonita Beach Road at US HWY 41 Bonita Springs (ROW2023-00205): Tierra, Inc. will be performing roadway pavement cores beginning Monday, February 27, 2023 and continue through Friday, March 3, 2023. Westbound McGregor Boulevard has been reduced to one lane approaching and through the toll plaza. It will be necessary to close the roadway in small sections and detour traffic around the work area. CBI websites generally use certain cookies to enable better interactions with our sites and services. Scott Safety, LLC will provide maintenance of traffic services (833) 723-3499. 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. Martin Luther King Jr. Boulevard. 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. Project cost is approximately $23 M. The contractor is Cougar Contracting, LLC. that was in place prior to hurricane Ian will be re-implemented within the next 2 weeks to allow construction to resume. 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. Motorists should expect turn lane closures and intermittent traffic stops as equipment is removed and replaced. Among Dom's investors is Cleveland Avenue, the venture firm started by former McDonald's CEO . All work will be completed by Lee County DOT Traffic staff and will be completed between 7:00pm and 5:00am on Thursday March 2, 2023. The average startup value when the investment from Cleveland Avenue is 500 millions - 1 billion dollars. 12, or email at neil@andrewsitework.com. Illinois Growth and Innovation Fund(ILGIF). |, 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. WORK PERFORMED BY OTHERS: Please use caution when traveling through the project. For further information, please get in touch with Avelino Cancel at 239-533-9400 or by email at acancel@leegov.com. Bell Blvd Bridge Closure and Detour Begins February 20, 2023: The Bell Blvd. Cleveland Clinic Ventures Investments (23) Company Name Deal Date . Search Crunchbase. About us. Please pay attention to our flaggers and maintenance of traffic as patterns may change temporarily. 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 . This project should be complete by the end of February. Bicyclists are encouraged to utilize another mode of transportation to travel the causeway. The revised merger terms reflect a pre-money valuation for Presto of $525 million. Both northbound and southbound lanes of Buckingham Road will be subject to lane closures during nighttime milling and paving operations. This crossing will coincide with a regional flow-way that crosses Corkscrew Road at that location. Periodic lane closures for northbound and southbound lanes will occur between the hours of 9:00 PM and 5:00 AM on weekdays. Cleveland Avenue is an American food investor, backing seed ventures, early stage and private equity deals focused on emerging restaurants, beverages, services, and technologies designed for foodservice and hospitality channels. Arc Chicago, LLC, is an investment fund created by MacArthur to further the objectives of Benefit Chicago. VTAQ is co-sponsored by Ventoux Acquisition Holdings and an affiliate of Chardan Capital International. Cleveland Avenue serves customers in . 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. 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 . 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. ILGIF aims to invest more than $1 billion on a recurring basis creating an estimated 60,000 jobs per investment cycle. 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. Road Work/Maintenance/Improvement 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. Such forward-looking statements are based upon the current beliefs and expectations of our management and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are difficult to predict and generally beyond our control. The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. Innovative and equitable solutions like those offered by Cleveland Avenue truly address small businesses needs and provide critical resources for entrepreneurs of color.. The projected start date is January 30, 2023. Drivers, pedestrians and bicyclists should use caution and be aware of construction equipment and vehicles entering/exiting streets in the project area. Further, the use of this website, and the sending or receipt of such information and materials, does not create a client relationship between us. Cleveland Avenue is a Chicago-based venture fund and accelerator that invests in food, beverage, and tech businesses. Cleveland Avenue; Cleveland Avenue (investor - Venture Capital) clevelandavenue.com . The project will be constructed in three segments. MEDIA CONTACTS Flaggers will be in place directing traffic around the work area on the east side of Imperial Shores. The firm prefers to invest in food tech, restaurant, and technology sectors. You can read more about your. The Village of Estero will be installing shared use paths, lighting, and landscaping as phasing allows. 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. Crews will be replacing the signal. The information is general in nature and does not constitute advice. 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 projected start date is September 19, 2022. Acceleration Services A unique team of food and beverage specialists who drive concept growth. Some of our portfolio brands include Beyond Meat, Farmer's Fridge, Zero Cater, Sustainable . For additional information, please contact Rhett Tillman at (239) 533-9400 or email at rtillman@leegov.com. Pondella Road Bridge Maintenance Activities: Lee County DOT Contractor, Villafuerte Construction, will perform maintenance activities on the Pondella Road Bridge. We celebrated Jason Ritter with a little team lunch at Cleveland Avenue's Taste 222. Copyright 2023 Cleveland Avenue, LLC. Motorists and pedestrians are urged to use extra caution in this area. Aquinas Early, on behalf of Cleveland Avenue |aearly@explorefcg.com| 708-420-8570, Angelica Ramirez, on behalf of Cleveland Avenue |aramirez@explorefcg.com|. Cleveland Avenue LLC operates as a venture capital investment company. The one-lane road operations are estimated to continue through the end of March 2023. For questions, please Contact Rob Radford (239) 229-5980. 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. 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. Lehigh Acres Resurfacing FY22A: Lee County DOT, along with their contractor Community Asphalt will be milling and paving on various roads in Lehigh Acres. Cleveland Avenue, the Illinois Growth and Innovation Fund, the Walter Family, Benefit Chicago, private and family . 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.. Find top employees, contact details and business statistics at RocketReach. For additional information, please contact Neil Monkman at (230) 226-1601 Ext. Additional work includes installing drainage structures, pedestrian signals, upgrading signals and lighting, and resurfacing existing highway. The projected start date is January 30, 2023. Cleveland Avenue is providing this website, related electronic media and other information only as a convenience for you. 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. He says venture capital dollars are hard to find in northeast Ohio, but insists money is tight everywhere . Founded in 2015, Cleveland Avenue is a venture capital firm based in Chicago, Illinois. Try for free at rocketreach.co Rajul Misra & Brian Ruby Ovation Brands, SUPERVALU, and McDonald's, Chief Financial Officer, Chief Investment Officer.