investor@presto.com, Brock Strasbourger Crews will be replacing the signal. Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights platform. Their latest portfolio exit was Ureeka on September 30, 2022. For additional information, please contact Victor Menocal at vmenocal@rpucorp.com or (305) 776-8181. Find top employees, contact details and business statistics at RocketReach. The activities will begin on January 3, 2023 and continue until February 17, 2023. Angel, Fund of Funds, Venture Capital), This describes the stage of investments made by this organization (e.g. 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. Lane closures will be limited to between the hours of 9:00pm to 5:00am. Welcome to Cleveland Avenue LLC- a venture capital firm that strategically consults and Invests in restaurant, food & beverage concepts. Rocketreach finds email, phone & social media for 450M+ professionals. For further information, please contact Brian Williams with Pike at (239) 225-8037 or at bwilliams@pike.com. The projected start date is February 20, 2023, and it is expected to be completed by March 6, 2023. media@presto.com Both northbound and southbound lanes of Buckingham Road will be subject to lane closures during nighttime milling and paving operations. The projected start date is October 1, 2022. For further questions, please contact Jennifer Dorning by email at Jennifer.Dorning@dot.state.fl.us or by phone at (239) 338-7723. Cape Coral Toll Facility: Starting Sunday February 19, 2023, and ending on February 22, 2023 nightly from 9:00 PM to 6:00 AM. 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. Cleveland Avenue Food and Beverage Fund I is an early stage venture capital fund managed by Cleveland Avenue. Crews continue construction of the roadway between Wild Blue Boulevard and The Preserve. . 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. MEDIA CONTACTS . The expected project completion is late 2023. Temporary traffic Control devices will be utilized for pedestrian safety as well as that of the contractors workforce. AI voice assistants can redeploy staff to focus on higher-value tasks while the AI voice assistant greets guests, takes orders, and offers upsells, resulting in higher profits. Rajul Misra & Brian Ruby This press release is not a substitute for the proxy statement/prospectus. Sidewalk closure at Crystal Drive and 12270 Metro Parkway: Continued sidewalk closure approximately 100, February 6 through February 10, 2023 Motorists should use caution while driving in the area. Road Work/Maintenance/Improvement 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. The project will be constructed in three segments. The projected end date is April 30, 2023. our sites and services. 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. Cleveland Avenue (investor). Milling and paving will start Tuesday, January 31st, 2023 and will tentatively go through Friday February 3, 2023. 2023 PitchBook. Very incredibly proud of you and your next step Jason. For further information on MOT, related inquiries please contact Sam Bell at 239-240-9410, sambell@awptraffic.com. Estimated completion is late 2023. We are intentionally committed to addressing the capital gap for underrepresented entrepreneurs and underserved communities in Chicago. 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. Call (844) 417-2688 with any questions. Some of our portfolio brands include Beyond Meat, Farmer's Fridge, Zero Cater, Sustainable . Iona Rd from Tahitian Dr to Thorton Rd (ROW2022-01012): Pike Electric will be working on the overhead power lines. Expect Suwanee Avenue closed on the west side of US 41 / Cleveland Avenue. Scotts Safety will be providing all maintenance of traffic services for this project. Drivers are urged to use extra caution when traveling through the work zone. Acceleration Services A unique team of food and beverage specialists who drive concept growth. For further information, please contact Neil Monkman at 239-226-1601 Ext 12 or 239-462-7371 cell. We are intentionally committed to addressing the capital gap for underrepresented entrepreneurs and underserved communities in Chicago. The fund is based in Chicago, Illinois. For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. Contact Email info@clevelandavenue.com. CBI websites generally use certain cookies to enable better interactions with our sites and services. A unique team of food and beverage specialists who drive concept growth. Southbound lane along Nalle Road will be subject to temporary daily lane closures. The project is expected to be completed by spring 2023. Chrome Extension. Please use caution and drive with courtesy and patience throughout the project area. Pondella Road Bridge Maintenance Activities: Lee County DOT Contractor, Villafuerte Construction, will perform maintenance activities on the Pondella Road Bridge. The projected start date is January 30, 2023. 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. He says venture capital dollars are hard to find in northeast Ohio, but insists money is tight everywhere . 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. 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. For further information, please contact John Dalton at (239) 898-7853. US 41/Cleveland Avenue from Winkler Avenue to SR 82/Dr. The Treasurers Office predates Illinois incorporation in 1818. Founded in 2015, Cleveland Avenue is a venture capital firm based in Chicago, Illinois. Copyright 2023 Cleveland Avenue, LLC. For additional information, please contact Neil Monkman at (230) 226-1601 Ext. 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. North Lee County Wellfield Expansion Phase IIIA Project Fort Myers (ROW2022-00030). Additional information regarding the participants will also be included in the proxy statement/prospectus, when it becomes available. The projected start date is January 30, 2023. Crews continue earthwork on the causeway islands. Illinois Growth and Innovation Fund(ILGIF). Lack of representation in the industry results in Black, Latinx, and women entrepreneurs struggling to access venture capital support. 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. Cleveland Avenue has 4 portfolio exits. (970) 948-9787. Forecasts and estimates regarding Prestos industry and end markets are based on sources we believe to be reliable, however there can be no assurance these forecasts and estimates will prove accurate in whole or in part. Learn more atwww.ilgif.com. The roadway north and south of the work area will be open to two-way traffic. The projected start date is September 19, 2022. For further information, please contact paving@leegov.com. The firm provides resources and expertise to support remarkable companies and the people behind them. Crews continue striping, limerock, curb and gutter, and guardrail installation throughout the project to facilitate this switch. Cleveland Avenue is a Chicago-based venture fund and accelerator that invests in food, beverage, and tech businesses. Search Crunchbase. Actual results and the timing of events may differ materially from the results anticipated in these forward-looking statements. in 2008, Presto is headquartered in Silicon Valley, Calif. with customers including many of the top 20 restaurant chains in the U.S. 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. 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. 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 . 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. The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. Start Free Trial . 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. By Staff | Feb 23, 2023 John Morris Road from Summerlin Road, 869, to McGregor Boulevard, 867 (ROW2022-00939): Pike Electric will be working on the overhead power lines. 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. 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. 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. 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. Learn more. 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. For further information on MOT, related inquiries please contact Sam Bell at 239-240-9410, sambell@awptraffic.com. For further information on MOT, related inquiries please contact Sam Bell at (239)240-9410, sambell@awptraffic.com. Number of Exits 2. 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. For further information on MOT, related inquiries please contact Sam Bell at 239-240-9410, sambell@awptraffic.com. Angel, Fund of Funds, Venture Capital), General contact email for the organization. bridge between Crestview Pl & Scenic St, mile south of the Joel Blvd/ Leeland Heights Blvd. The information is general in nature and does not constitute advice. 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 . Landscaping Tree Trimming. Description. Drivers, pedestrians and bicyclists should use caution and be aware of construction equipment and vehicles entering/exiting streets in the project area. 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. For further information, please contact Eli Enders at (239) 433-3000. John Morris Road from McGregor Boulevard, 867, to Iona Road (ROW2022-00927) Pike Electric will be working on the overhead power lines. Founded in 2015 by industry veteran Don Thompson, we support entrepreneurs whose innovations are disrupting the norm. locations may have flagged and intermittent nightly lane closures from 7:00 PM to 6:00 AM. Cleveland Avenue makes the information and materials available on this website and all other electronic media for informational purposes only. 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. Aquinas Early, on behalf of Cleveland Avenue |aearly@explorefcg.com| 708-420-8570, Angelica Ramirez, on behalf of Cleveland Avenue |aramirez@explorefcg.com|. 4. 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 Cleveland Avenue Food Experience is our laboratory and gathering place. Additional work includes installing drainage structures, pedestrian signals, upgrading signals and lighting, and resurfacing existing highway. For further information on MOT, related inquiries please contact Sam Bell at 239-240-9410, sambell@awptraffic.com. McGregor Boulevard from Tropicana Drive to Kelly Road (ROW2022-00928): Pike Electric will be working on the overhead power lines. 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. Traffic will be maintained with flagmen. The revised merger terms reflect a pre-money valuation for Presto of $525 million. We have curated a list of the top Cleveland Venture Capitalists (VC). 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 . With over 250,000 systems shipped, Presto is one of the largest labor automation technology providers in the industry. Win whats next. US-41 & Pondella Rd, North Fort Myers: Lee County DOT Traffic will be changing out the traffic signal cabinet at US-41 & Pondella Rd on Wednesday, February 22, 2023 from 9:00 AM to 4:00 PM. Materials and information on this website are proprietary in nature belonging to Cleveland Avenue and may only be reproduced in their entirety (without modification) for the individual reader's personal or educational use and must include this notice of our proprietary interest and the prohibition of reproduction. The information is general in nature and does not constitute advice. 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. Gunnery Road 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. 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. 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. 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 . You can read more about your cookie choices at our privacy policyhere. 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. Periodic lane closures for eastbound lanes will occur between the hours of 9:00 AM and 3:30 PM on weekdays. Please use caution and watch for workers and construction vehicles entering and leaving the roadway. Our diverse team includes specialists that drive growth at all stages, from . Completion of SOD & Striping/Signage will occur between Wednesday, March 1, 2023 and Friday, March 17, 2023 for all improvements. 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. The work activities above are scheduled to occur, however unforeseen underground conditions and weather may affect this schedule. 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 . Copyright 2023. 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. MOTORISTS ARE REMINDED TO OBEY THE POSTED SPEED LIMIT. Arc Chicago, LLC, is an investment fund created by MacArthur to further the objectives of Benefit Chicago. Tags: BBChicago, Black Business, BlackEntrepreneur, BlackOwned, BlackOwnedBusiness, Dsanders, SmallBusiness, Support Small Business, SupportBlackBusiness. 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. Sidewalk and Driveway closure along Crystal Drive between 12255 S Cleveland Ave and 2378 Crystal Drive 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. 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. The outside (right) lane of Eastbound traffic on Bonita Beach Road SW between Meadowlark Lane and Windsor Road will be subject to lane closures. Their latest investment was in Zerocater as part of their Series C on February 2, 2023. 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. For further questions, please visit the project website at http://corkscrewroadwidening.com or contact Jennifer Dorning by email at Jennifer.Dorning@atkinsglobal.com or by phone at (239) 338-7723. 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. Cleveland Avenue makes the information and materials available on this website and all other electronic media for informational purposes only.