Each segment will have most of the construction completed prior to moving to the next segment. The projected end date is April 30, 2023. Established in 2016, Cleveland Clinic Ventures is a corporate venture capital firm headquartered in Cleveland, Ohio. 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. Roadwatch Update Cape Coral Toll Facility: Starting Sunday February 19, 2023, and ending on February 22, 2023 nightly from 9:00 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 . Bicyclists are encouraged to utilize another mode of transportation to travel the causeway. Landscaping Tree Trimming. Cleveland Avenue LLC operates as a venture capital investment company. 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). 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. All rights reserved. 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. He works at Raulston Venture Capital in Cleveland. Many oversized vehicles are crossing the causeway to assist with recovery efforts on the island. Submitters are 7x more likely to receive a qualified connection. Crews continue work on the 10-foot-high fence that will be used to funnel the wildlife to cross safely under Corkscrew Road. 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. We have curated a list of the top Cleveland Venture Capitalists (VC). Founded in 2015, Cleveland Avenue is a venture capital firm based in Chicago, Illinois. 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. Bicyclists should expect the bike lane from Stoneybrook Golf Drive to just east of Wildcat Run to be combined with the travel lane while crews work on the north side of the road. The firm prefers to invest in food tech, restaurant, and technology sectors. Bridge Maintenance 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. All rights reserved. Beginning 7 a.m. through 5 p.m. Monday February 20 through Saturday February 25, 2023, crews will close sidewalks and driveways for water main crossing. IMPERIAL SHORES Boulevard Bonita Springs FL ROW2022-00816 The projected end date is March 31, 2023. This crossing will coincide with a regional flow-way that crosses Corkscrew Road at that location. 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. Drivers are urged to use extra caution when traveling through the work zone. Cleveland Avenue makes the information and materials available on this website and all other electronic media for informational purposes only. 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. Copyright 2023 Cleveland Avenue, LLC. 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. (970) 948-9787. WORK PERFORMED BY OTHERS: Martin Luther King Jr. Boulevard. The roadway north and south of the work area will be open to two-way traffic. He has been with Cleveland Avenue since its inception in September 2015, and has a 30-year career leading financial organizations, including having spent 16 years at McDonalds Corporation. Southbound will be detoured from Bell Blvd. VTAQ is co-sponsored by Ventoux Acquisition Holdings and an affiliate of Chardan Capital International. You can read more about your. 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. Westbound McGregor Boulevard has been reduced to one lane approaching and through the toll plaza. Continued sidewalk closure approximately 100, February 20 through February 25, 2023 Crews will also install water main from a connection point on the east side of US 41 near 12499 Cleveland Avenue (PDQ). Dom's expects to open its first location in Chicago in June. Gladiolus Drive from A + W Bulb Road to Bass Road; Bass Road from Gladiolus Road to Park Royal Drive (Permit ROW2022-00230): Pike Electric will be working on the overhead power lines. to east on Joel Blvd. Corporate Venture Capital; 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. 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. ACME Barricades will provide maintenance of traffic services (239) 479-5266. The firm provides resources and expertise to support remarkable companies and the people behind them. . 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. Cleveland Avenue Investor Profile: Portfolio & Exits | PitchBook Real Times Media. 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. Cleveland Avenue; Cleveland Avenue (investor - Venture Capital) clevelandavenue.com . our sites and services. Founded in 2015, Cleveland Avenue is a venture capital firm based in Chicago, Illinois. To the extent that holdings of Ventouxs securities have changed since the amounts included in Ventouxs most recent annual report, such changes have been or will be reflected on Statements of Change in Ownership on Form 4 filed with the SEC. The expected project completion is late 2023. The projected start date is February 9, 2023. Active, Closed, This describes the type of investor this organization is (e.g. It will be necessary to close the roadway in small sections and detour traffic around the work area. Cleveland Avenue acquired 1 company. 03 or Its shares of common stock, units, warrants and rights trade under the ticker symbols VTAQ, VTAQU, VTAQW, and VTAQR respectively. This will be a nighttime operation and periodic lane closures for these lanes will occur between the hours of 7 p.m. and 6 a.m. on the weekdays. 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. Venture Capital in Cleveland | Ideastream Public Media Learn more. Coolidge Ave @Spur A Canal, Arthur Ave @ Spur A Canal, Richmond Ave N. @ Able Canal, Alabama Road @ Racer Canal and Bell Blvd @ Jim Canal. Chicago-based Venture Capital firm Announces $70 Million CAST US Initiative for Black, Latinx, and Women Entrepreneurs, Cleveland Avenue convenes the Illinois State Treasurer Frerichs, the Walter Family, Benefit Chicago and Impact Investors to empower underrepresented entrepreneurs. 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. Get the full list, Morningstar Institutional Equity Research. John Morris Road from McGregor Boulevard, 867, to Iona Road (ROW2022-00927) Pike Electric will be working on the overhead power lines. All rights reserved. Cleveland Avenue is a Chicago-based venture fund and accelerator that invests in food, beverage, and tech businesses. brian@andrewssitework.com. Chief Financial Officer & Chief Investment Officer, Managing Director, Investor Relations & Chief of Staff, Youre viewing 10 of 67 investments. The Cleveland Avenue Food Experience is our laboratory and gathering place. North Lee County Wellfield Expansion Phase IIIA Project Fort Myers (ROW2022-00030). For further information, please contact Cole Bryan (863) 268-3941 or via email Jbryan@irbyconstruction.com. media@presto.com View contacts for Cleveland Avenue to access new leads and connect with decision-makers. During the work processes, men and equipment may be temporarily in the roadway. Ventoux CCM and Presto Automation Announce $100 Million Raise This is anticipated to be completed by the end of March 2023. Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. Cleveland Avenue State Treasurers Urban Success Fund. The MOT company will be Scotts Safety and their point of contact will be Clint Scott (239)340-8697. For further information, please get in touch with Avelino Cancel at 239-533-9400 or by email at acancel@leegov.com. Martin Luther King Jr. Boulevard. Motorists should expect turn lane closures and intermittent traffic stops as equipment is removed and replaced. 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. It seeks to mobilize $100 million in catalytic capital for nonprofits and social enterprises in Chicago. Cleveland Avenue General Information. Expect Suwanee Avenue closed on the west side of US 41 / Cleveland Avenue. 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 . Informed by deep industry intelligence, we bring insight and . 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. 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. 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. 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. Weather may affect start times and dates. Motorists should expect delays and use caution as construction vehicles enter/exit the roadway. Beginning April 1, 2021 entrepreneurs interested in learning more about the CAST US initiative can visitClevelandavenue.com/castus. For additional information, please contact Neil Monkman at (230) 226-1601 Ext. 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 The projected end date is March 31, 2023. Types of diversity represented in an organization, specifically of those who are founding members, currently the CEO, or have check-writing abilities in an investment firm. For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. Meriem S. on LinkedIn: We celebrated Jason Ritter with a little team Expect Hoople Street closed on the east side of US 41 / Cleveland Avenue. lane traveling westbound on Alico Road. Copyright 2023 Cleveland Avenue, LLC. The project is expected to be completed by spring 2023. The MOT/TTC will be provided by Andrew Sitework. As Illinois State Treasurer, Frerichs is the states Chief Investment and Banking Officer and actively manages approximately $37 billion. 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. Search Crunchbase. Besides this work activity, two lanes of two-way travel has been restored ahead of schedule in the Bella Terra driveway. Lane closures are not anticipated at this time, but motorists should expect construction vehicles and minor traffic disruptions while construction activities are being performed. The firm prefers to invest in seed-stage, early-stage, and later-stage companies. 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. Drivers, pedestrians and bicyclists should use caution and be aware of construction equipment and vehicles entering/exiting streets in the project area. Crews are expected to work 7 a.m. to 7 p.m. Cleveland Clinic Ventures Investments (23) Company Name Deal Date . We believe the additional capital provides a powerful vote of confidence in the business combination and will give Presto all the tools needed for an excellent start in its public life. Please contact 239-936-9444 with any questions or concerns. We have tried to select a variety of different types of investors across a variety of niches. Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights platform. Sanibel Causeway Emergency Restoration: As a part of the Florida Department of Transportations (FDOT) Emergency Restoration of the Sanibel Causeway, crews continue work on McGregor Boulevard and the Sanibel Causeway from Port Comfort Road to Sanibel Island. 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. Area Wide Protective will be providing MOT services. 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. Welcome to Cleveland Avenue LLC- a venture capital firm that strategically consults and Invests in restaurant, food & beverage concepts. Use the CB Insights Platform to explore Cleveland Avenue's full profile. Please be aware of the advanced warning signs in these areas. Bonita Beach Road SW between Meadowlark Lane and Windsor Road Bonita Springs, FL (ROW2022-00329): Bradanna, Inc. will be performing roadway and sidewalk improvements beginning Monday, April 10, 2022, and continuing through Sunday, April 30, 2023. Crews continue driving sheet pile around the causeway islands. Please use caution and drive with courtesy and patience throughout the project area. The activities will begin on January 3, 2023 and continue until February 17, 2023. Some of our portfolio brands include Beyond Meat, Farmer's Fridge, Zero Cater, Sustainable . For further information you can contact Jessie Culpepper at 239-913-9127. Area Wide Protective will be providing MOT services. By Staff | Feb 23, 2023 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. The information is general in nature and does not constitute advice. Operating Status Active. Additional information regarding the participants will also be included in the proxy statement/prospectus, when it becomes available. Directional Drill will be performed along Nalle Road from Quail Run heading south towards Sedgefield Road. 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. Southbound lane along Nalle Road will be subject to temporary daily lane closures. Ovation Brands, SUPERVALU, and McDonald's, Chief Financial Officer, Chief Investment Officer. 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. 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. The contractor is Wright Construction. 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. 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. Cleveland Avenue (Venture Capital) - Wiki | Golden 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. Cleveland Avenue LLC. Founded by Don and Liz Thompson, Cleveland Avenue is a privately-held venture capital firm that accelerates and strategically invests in innovative food, beverage, and restaurant concepts and emerging brands. A Cleveland Avenue Fund . . The Village of Estero has begun construction on the shared use path on the south side of the road from Ben Hill Griffin Parkway to Stoneybrook Golf Drive. Asphalt pavement widening, embankment, base rock, concrete curbing, and striping will be performed. Flaggers will be in place directing traffic around the work area on the east side of Imperial Shores. For further information, please contact Eli Enders at (239) 433-3000. Number of Exits 2. For further information, please contact Brian Brandfass at (239) 226-1606 Ext. On heavy haul days, GL Homes will be providing flaggers to reduce backups on Corkscrew Road. 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. For further information on MOT, related inquiries please contact Sam Bell at (239)240-9410, sambell@awptraffic.com. 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. The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. MEDIA CONTACTS to north on McArthur Blvd., west on E 2nd St to north on Country Club Pkwy to Joel Blvd. 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. Tags: BBChicago, Black Business, BlackEntrepreneur, BlackOwned, BlackOwnedBusiness, Dsanders, SmallBusiness, Support Small Business, SupportBlackBusiness. 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. ACME Barricades will provide maintenance of traffic services (954) 321-3587. Call (844) 417-2688 with any questions. Rocketreach finds email, phone & social media for 450M+ professionals. This list is designed to show off the investors with exceptional track records, industry experience and a . This project is expected to be completed in summer 2023. Cleveland Avenue, Food Retail Ventures, Landa Ventures, and Planet Capital, AgFunder, Autotech Ventures, Cavallo Ventures, Cleveland Avenue, DCVC, Future Ventures, and SeaX Ventures. Acceleration Services A unique team of food and beverage specialists who drive concept growth. Cleveland Avenue (investor). Notable food & beverage companies in Cleaveland Avenue's investment portfolio include. Together, we are creating an ecosystem of business development that will make Illinois a hub of innovation with a diverse and talented group of entrepreneurs, Frerichs said. Drivers, pedestrians and bicyclists should use caution and be aware of construction equipment and vehicles entering/exiting streets in the project area. Flaggers will assist motorists when necessary. Return to Cleveland Avenue Site. 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: Westgate Blvd Led by Cleveland Avenue, LLC (Cleveland Avenue), the $60 million equity injection will accelerate the deployment of Prestos technology throughout the restaurant industry. 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. Find top employees, contact details and business statistics at RocketReach. 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. Illinois Growth and Innovation Fund(ILGIF).
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