The average startup value when the investment from Cleveland Avenue is 500 millions - 1 billion dollars. Black Female Founders Raise Millions in Venture Capital - Business Insider For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. Very incredibly proud of you and your next step Jason. All rights reserved. Corporate Venture Capital; Cleveland Avenue launches $70M fund to invest in Chicago's Black The projected start date is September 19, 2022. 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. 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. Some of our portfolio brands include Beyond Meat, Farmer's Fridge, Zero Cater, Sustainable . Additional work includes installing drainage structures, pedestrian signals, upgrading signals and lighting, and resurfacing existing highway. Cleveland Avenue Announces $70 Million CAST US Initiative for Minority PitchBooks data visualizations quickly surface an investors historical investmentsshowing a breakdown of activity by industry, year and region. |, 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. 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. Many oversized vehicles are crossing the causeway to assist with recovery efforts on the island. He works at Raulston Venture Capital in Cleveland. Diversity Spotlight (US Headquarters Only). Working hours shall be from 7:00 AM to 9:00 PM, Monday through Saturday. 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. 1. Work is expected to be completed by the week of March 6, 2023. For further information, please contact Eli Enders at (239) 433-3000. Cleveland Avenue is an investment group and accelerator, which focuses on building new food, beverage, and restaurant concepts. The outside (right) lane of Eastbound traffic on Bonita Beach Road SW between Meadowlark Lane and Windsor Road will be subject to lane closures. to south on Country Club Pkwy, east on E 2nd St, south on McArthur Blvd to west on Sentinela Blvd. 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. Ryan Gardella & Michael Bowen Then install the water main on the south side of Crystal Drive from Plantation Road to US 41 to tie into a connection point on the east side of US 41 just south of Crystal Drive. The MOT/TTC will be provided by Southwest Utility Systems. Pondella Road Bridge Maintenance Activities: Lee County DOT Contractor, Villafuerte Construction, will perform maintenance activities on the Pondella Road Bridge. Crews continue striping, limerock, curb and gutter, and guardrail installation throughout the project to facilitate this switch. ILGIF has been at the forefront of increasing equity, diversity, and inclusion within the venture capital ecosystem, with 40% of its committed capital invested with venture capital firms led by women and people of color. Lack of representation in the industry results in Black, Latinx, and women entrepreneurs struggling to access venture capital support. Ventoux CCM and Presto Automation Announce $100 Million Raise Cleveland Avenue deals with seed ventures, early-stage, and private equity deals focused on emerging . A $70M initiative that will bridge the capital and resource gap impacting Black, Latinx, and women entrepreneurs in Chicago's South and West Side neighborhoods. . 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. The Village of Estero will be installing shared use paths, lighting, and landscaping as phasing allows. Gunnery Road CASTUS - A Cleveland Avenue Fund Founded in 2015, Cleveland Avenue is a venture capital firm based in Chicago, Illinois. The revised merger terms reflect a pre-money valuation for Presto of $525 million. Westgate Blvd The Treasurers Office predates Illinois incorporation in 1818. Lee County DOT will be performing lane maintenance through toll plaza. Lehigh Acres Municipal Services District (LAMSID) along with Ajax Paving Industries of FL (contractor) will be resurfacing six bridge locations in Lehigh Acres. Periodic lane closures for eastbound lanes will occur between the hours of 9:00 AM and 3:30 PM on weekdays. Get the full list, To view Cleveland Avenues complete exits history, request access, Youre viewing 5 of 26 team members. Don Thompson grew up near Cabrini-Green and went on to lead McDonald's 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 firm provides resources and expertise to support remarkable companies and the people behind them. The information is general in nature and does not constitute advice. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. The project will be constructed in three segments. 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. View contacts for Cleveland Avenue to access new leads and connect with decision-makers. The firm prefers to invest in food tech, restaurant, and technology sectors. This list is designed to show off the investors with exceptional track records, industry experience and a . The project will be constructed in three segments. 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 . 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. 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 information is general in nature and does not constitute advice. By continuing to use this site you are consenting to these choices. to east on Joel Blvd. 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. 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. Investor Type Accelerator, Venture Capital. Cleveland Avenue, Llc Ceo Don Thompson & Vital Proteins Ceo Tracey Cleveland Clinic Ventures Investments (23) Company Name Deal Date . For further information on MOT, related inquiries please contact Sam Bell at 239-240-9410, sambell@awptraffic.com. 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. A unique team of food and beverage specialists who drive concept growth. Cleveland Avenue is providing this website, related electronic media and other information only as a convenience for you. 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: 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. Motorists should use caution while driving in the area. For further information, please get in touch with Avelino Cancel at 239-533-9400 or by email at acancel@leegov.com. Drivers, pedestrians, and bicyclists are urged to use extra caution when traveling through the work zone. our sites and services. McGregor Boulevard from Tropicana Drive to Kelly Road (ROW2022-00928): Pike Electric will be working on the overhead power lines. Directional Drill will be performed along Nalle Road from Quail Run heading south towards Sedgefield Road. Crews continue construction of the roadway between Wild Blue Boulevard and The Preserve. 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). Motorists should use caution, as there will be lane closures and uneven pavement in this area. For further information, please contact paving@leegov.com. Number of Exits 2. Periodic lane closures for northbound and southbound lanes will occur between the hours of 9:00 PM and 5:00 AM on weekdays. Imperial Shores will be open to two-way traffic from Bonita Beach Road to Gary Road and from Pine Lake Road to Tarpon Avenue. For further information on MOT, related inquiries please contact Sam Bell at 239-240-9410, sambell@awptraffic.com. 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. For further information, please contact Trevor Bianco at (813) 439-4433 or tbianco@tierraeng.com. For further information, please contact Jillian Scholler at (239) 533-8591 or email at jscholler@leegov.com. The firm prefers to invest in food tech, restaurant, and technology sectors. traffic will be detoured east on Sentinela Blvd. , New York), and Somrus (a line of Indian flavoured liqueurs). Cleveland Avenue, the Illinois Growth and Innovation Fund, the Walter Family, Benefit Chicago, private and family . Expect Crawford Street closed on the east side of US 41 / Cleveland Avenue. 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. Crews will be replacing the signal. 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. Cleveland Avenue (Venture Capital) - Wiki | Golden Cleveland Avenue | LinkedIn Founded by Don Thompson, the former President and CEO of McDonald's 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. Ample signs will be in place to safely guide traffic around the work area. At that point, work will be performed using One Lane Road operations in shorter sections as crews work their way north. You can read more about your. 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. For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. On heavy haul days, GL Homes will be providing flaggers to reduce backups on Corkscrew Road. 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. Copyright 2023 Cleveland Avenue, LLC. 41/Cleveland Avenue from Winkler Avenue to SR 82/Dr. For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. The roadway north and south of the work area will be open to two-way traffic. Temporary traffic Control devices will be utilized for pedestrian safety as well as that of the contractors workforce. 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. 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. Voters in 1848 chose to make it an elected office. This project consists of widening Burnt Store Road to four lanes. For further information, please contact Cole Bryan (863) 268-3941 or via email Jbryan@irbyconstruction.com. 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 Company invests in restaurant, food, and beverage companies. Cleveland Avenue (investor). Area Wide Protective will be providing MOT services. 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. 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 . Completion of SOD & Striping/Signage will occur between Wednesday, March 1, 2023 and Friday, March 17, 2023 for all improvements. 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.
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