Very incredibly proud of you and your next step Jason. 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. Seed ventures, early stage and private equity deals focused on emerging restaurants, beverages, services, and technologies designed for foodservice and hospitality channels. 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. Lack of representation in the industry results in Black, Latinx, and women entrepreneurs struggling to access venture capital support. 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. 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. 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. Striping Maintenance: Lee County DOT will be performing a moving operation with traffic delays 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: Traffic will be maintained with flagmen. Roadwatch Update Motorists should expect one lane in the Bella Terra exit to be closed Monday, February 20 and Tuesday, February 21. The traffic signal will be dark, and Lee County Sheriffs Office will be directing traffic. For additional information, please contact Victor Menocal at vmenocal@rpucorp.com or (305) 776-8181. Active, Closed, This describes the type of investor this organization is (e.g. Directional Drill will be performed along Nalle Road from Quail Run heading south towards Sedgefield Road. 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. Crews will be replacing the signal. Residents are entering and exiting communities on both sides of Corkscrew Road. Imperial Shores will be open to two-way traffic from Bonita Beach Road to Gary Road and from Pine Lake Road to Tarpon Avenue. 41/Cleveland Avenue from Winkler Avenue to SR 82/Dr. Crews continue earthwork on the causeway islands. 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. 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. Both northbound and southbound lanes of Buckingham Road will be subject to lane closures during nighttime milling and paving operations. 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. 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. 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. For further questions, please contact Jennifer Dorning by email at Jennifer.Dorning@dot.state.fl.us or by phone at (239) 338-7723. 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. . Bell Blvd Bridge Closure and Detour Begins February 20, 2023: The Bell Blvd. Cleveland Avenue has 4 portfolio exits. The projected end date is March 31, 2023. The information is general in nature and does not constitute advice. The projected start date is February 9, 2023. The project is expected to be completed by spring 2023. The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. The projected start date is January 30, 2023. Besides this work activity, two lanes of two-way travel has been restored ahead of schedule in the Bella Terra driveway. The projected start date is February 20, 2023, and it is expected to be completed by March 6, 2023. 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. Area Wide Protective will be providing MOT services. 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. The projected end date is April 30, 2023. Periodic lane closures for northbound and southbound lanes will occur between the hours of 9:00 PM and 5:00 AM on weekdays. All rights reserved. (970) 948-9787. RESCHEDULED: Crews will be working during the nighttime/overnight hours on Thursday, February 24 to switch traffic to the new lanes. For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. For additional information, please contact Neil Monkman at (230) 226-1601 Ext. Please use caution and drive with courtesy and patience throughout the project area. 12, or email at neil@andrewsitework.com. 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. |, 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. A unique team of food and beverage specialists who drive concept growth. For further information you can contact Jessie Culpepper at 239-913-9127. 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. Drivers, pedestrians and bicyclists should use caution and be aware of construction equipment and vehicles entering/exiting streets in the project area. John Morris Road from Summerlin Road, 869, to McGregor Boulevard, 867 (ROW2022-00939): Pike Electric will be working on the overhead power lines. Lee County DOT will be performing lane maintenance through toll plaza. Learn more atwww.ilgif.com. The Company invests in restaurant, food, and beverage companies. 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. 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. Motorists should expect turn lane closures and intermittent traffic stops as equipment is removed and replaced. Cleveland Avenue serves customers in . 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. This project is expected to be completed in summer 2023. Investment Stage Early Stage Venture. For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. Phone Number 312.383.6700. For further information, please contact Alex DeMarco at (239) 3516080 or alex@collierpave.com. The MOT company will be Scotts Safety and their point of contact will be Clint Scott (239)340-8697. The firm prefers to invest in seed-stage, early-stage, later-stage, and growth-stage companies. Ovation Brands, SUPERVALU, and McDonald's, Chief Financial Officer, Chief Investment Officer. Drivers are urged to use extra caution when traveling through the work zone. A Cleveland Avenue Fund . The roadway north and south of the work area will be open to two-way traffic. Flaggers will assist motorists when necessary. Please be aware of the advanced warning signs in these areas. The fund is based in Chicago, Illinois. The expected project completion is late 2023. The MOT/TTC will be provided by Andrew Sitework. Scotts Safety will be providing all maintenance of traffic services for this project. Iona Rd from Tahitian Dr to Thorton Rd (ROW2022-01012): Pike Electric will be working on the overhead power lines. Work times will be from 7:00 AM to 5:00 PM. We have curated a list of the top Cleveland Venture Capitalists (VC). Cleveland Avenue LLC. The project will be constructed in three segments. The firm prefers to invest in food tech, restaurant, and technology sectors. Motorists and pedestrians are urged to use extra caution in this area. Landscaping Tree Trimming. Diversity Spotlight (US Headquarters Only). Area Wide Protective will be providing MOT services. The activities will require lane closures between 9:00 PM and 5:00 AM. The contractor is Wright Construction. For further information, please contact Brian Brandfass at (239) 226-1606 Ext. The expected project completion is late 2023. MOTORISTS ARE REMINDED TO OBEY THE POSTED SPEED LIMIT. 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. Notable food & beverage companies in Cleaveland Avenue's investment portfolio include: Beyond Meat, Bhakti, Farmwise Foods, and Bright Cellars. Periodic lane closures for eastbound lanes will occur between the hours of 9:00 AM and 3:30 PM on weekdays. The awards and certifications we receive from customers and industry bodies reflect our continued commitment to excellence. Sidewalk and Driveway closure along Crystal Drive between 12255 S Cleveland Ave and 2378 Crystal Drive Lack of representation in the industry results in Black, Latinx, and women entrepreneurs struggling to access venture capital support. Bicyclists are encouraged to utilize another mode of transportation to travel the causeway. Please use caution and watch for workers and construction vehicles entering and leaving the roadway. The projected end date is March 31, 2023. For further information on MOT, related inquiries please contact Sam Bell at 239-240-9410, sambell@awptraffic.com. Additional information regarding the participants will also be included in the proxy statement/prospectus, when it becomes available. Northbound Bell Blvd. 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. The projected end date is April 30, 2023. Rajul Misra & Brian Ruby Iona Road from John Morris Road to Tahitian Drive (ROW2022-00937): Pike Electric will be working on the overhead power lines. Drive-thrus are well-suited for automation. The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. 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. 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. Companies like Cleveland Avenue include S2G Ventures, Millenium Food-Tech, and The House Fund. Westgate Blvd We are intentionally committed to addressing the capital gap for underrepresented entrepreneurs and underserved communities in Chicago. 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. All rights reserved. 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. Lehigh Acres Resurfacing FY22A: Lee County DOT, along with their contractor Community Asphalt will be milling and paving on various roads in Lehigh Acres. Scott Safety, LLC will provide maintenance of traffic services (833) 723-3499. Milling and paving will start Tuesday, January 31st, 2023 and will tentatively go through Friday February 3, 2023. 9500 Euclid Avenue; Cleveland, OH 44195; United States +1 (800) 000-0000. Construction project: Crews will be installing and relocating utilities and constructing medians on US 41/Cleveland Avenue from Winkler Avenue to SR 82. 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. The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. Motorists should use caution, as there will be lane closures and uneven pavement in this area. Their latest investment was in Zerocater as part of their Series C on February 2, 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. Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights platform. 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. Expect Victoria Avenue closed on the east side of US 41 / Cleveland Avenue. Established in 2016, Cleveland Clinic Ventures is a corporate venture capital firm headquartered in Cleveland, Ohio. 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. 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. A & W Bulb Rd from Gladiolus Drive to McGregor SR 867 (Permit ROW2022-00038): Pike Electric will be working on the overhead power lines. 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. Copyright 2023 CB Information Services, Inc. All rights reserved. Martin Luther King Jr. Boulevard. Drivers, pedestrians, and bicyclists are urged to use extra caution when traveling through the work zone. 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. View contacts for Cleveland Avenue to access new leads and connect with decision-makers. Cleveland Avenue; Cleveland Avenue (investor - Venture Capital) clevelandavenue.com . The projected start date is January 30, 2023. We celebrated Jason Ritter with a little team lunch at Cleveland Avenue's Taste 222. This project should be complete by the end of February. 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. 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. Cleveland Avenue is providing this website, related electronic media and other information only as a convenience for you. Chief Financial Officer & Chief Investment Officer, Managing Director, Investor Relations & Chief of Staff, Youre viewing 10 of 67 investments. Founded in 2015, Cleveland Avenue is a venture capital firm based in Chicago, Illinois. 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. 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. Their latest portfolio exit was Ureeka on September 30, 2022. Cleveland Avenue is a Chicago-based venture fund and accelerator that invests in food, beverage, and tech businesses. For further information, please contact Neil Monkman at 239-226-1601 Ext 12 or 239-462-7371 cell. Area Wide Protective will be providing MOT services. Dom's expects to open its first location in Chicago in June. 1. 2023 PitchBook. The causeway islands surrounding the temporary roadway are an active work zone and are currently closed for public access. 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. Therefore, motorists and pedestrians are urged to use extra caution in the area. The Cleveland Avenue Food Experience is our laboratory and gathering place. Learn more. For further information, please get in touch with Avelino Cancel at 239-533-9400 or by email at acancel@leegov.com. The work to complete this change will include installation of Qwick Curb along the centerline of Westgate Boulevard, as well as signing and pavement marking modifications, as needed, to restrict the eastbound and westbound movements to only right turns in and out at the intersection. About us. Get the full list, To view Cleveland Avenues complete exits history, request access, Youre viewing 5 of 26 team members. . 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. 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. Informed by deep industry intelligence, we bring insight and discipline to streamline and accelerate businesses. Motorists should expect delays and use caution as construction vehicles enter/exit the roadway. VTAQ began trading on the Nasdaq on December 23, 2020 following its initial public offering. 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. Construction project: Crews will be installing and relocating utilities and constructing medians on US 41/Cleveland Avenue from Winkler Avenue to SR 82. our sites and services. bridge between Crestview Pl & Scenic St, mile south of the Joel Blvd/ Leeland Heights Blvd. 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 acquired 1 company. The work activities above are scheduled to occur, however unforeseen underground conditions and weather may affect this schedule. We are intentionally committed to addressing the capital gap for underrepresented entrepreneurs and underserved communities in Chicago. Corporate Venture Capital; 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. Additional work includes installing drainage structures, pedestrian signals, upgrading signals and lighting, and resurfacing existing highway. Start Free Trial . Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. For further information on MOT, related inquiries please contact Sam Bell at 239-240-9410, sambell@awptraffic.com. Drivers, pedestrians and bicyclists should use caution and be aware of construction equipment and vehicles entering/exiting streets in the project area. All Rights Reserved. brian@andrewssitework.com. Motorists should expect side road closures from Winkler Avenue to Victoria Avenue throughout the duration of the project. It seeks to mobilize $100 million in catalytic capital for nonprofits and social enterprises in Chicago. 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.
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