For further information on MOT, related inquiries please contact Sam Bell at 239-240-9410, sambell@awptraffic.com. The work activities above are scheduled to occur, however unforeseen underground conditions and weather may affect this schedule. 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. Cleveland Avenue serves customers in . The revised merger terms reflect a pre-money valuation for Presto of $525 million. Investor Type Accelerator, Venture Capital. 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. 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 . 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. Copyright 2023 Cleveland Avenue, LLC. Description. Pondella Road Bridge Maintenance Activities: Lee County DOT Contractor, Villafuerte Construction, will perform maintenance activities on the Pondella Road Bridge. For additional information, please contact Victor Menocal at vmenocal@rpucorp.com or (305) 776-8181. For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. Area Wide Protective will be providing MOT services. Beyond Meat Closes Latest Fundraising Round Led by Don Thompson and Cleveland Avenue, LLC Investment Firm, http://www.iptv.org/mtom/story/28973/beyond-meat-closes-latest-fundraising-round-led-don-thompson-and-cleveland-avenue, Beyond Meat raises $55 million from Cleveland Avenue and Tyson Foods to triple production | Nuu, http://biofuelsdigest.com/nuudigest/2017/12/13/beyond-meat-raises-55-million-from-cleveland-avenue-and-tyson-foods-to-triple-production/, Drink Maple Pulls in $3.9 Million in New Funding Round - BevNET.com, https://www.bevnet.com/news/2017/drinkmaple-works-close-new-funding-round, Former McDonald's CEO, Don Thompson, Launches Venture Capital Group Named Cleveland Avenue, https://www.blackentrepreneur.com/former-mcdonalds-ceo-don-thompson-launches-venture-capital-group-named-cleveland-avenue/, Former McDonalds CEO Is Launching a Food-Focused VC Firm, https://www.americaninno.com/chicago/former-mcdonalds-ceo-is-launching-a-food-focused-vc-firm/. Cleveland Avenue is an investment group and accelerator, which focuses on building new food, beverage, and restaurant concepts. #drivethrutechnology #VoiceAI, 2018-23 Presto Automation Inc. All Rights Reserved. Intersection Markings: Intermittent Lane closures and delays are possible 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: The Company invests in restaurant, food, and beverage companies. Many oversized vehicles are crossing the causeway to assist with recovery efforts on the island. Start Free Trial . Area Wide Protective will be providing MOT services. Presto welcomes Cleveland Avenue to our investor syndicate - we could not have found more aligned and strategic investors. 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. 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. For further information on MOT, related inquiries please contact Sam Bell at 239-240-9410, sambell@awptraffic.com. For further information, please contact paving@leegov.com. The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. Crews are expected to work 7 a.m. to 7 p.m. View contacts for Cleveland Avenue to access new leads and connect with decision-makers. 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. Asphalt pavement widening, embankment, base rock, concrete curbing, and striping will be performed. Sidewalk closure at Crystal Drive and 12270 Metro Parkway Submitters are 7x more likely to receive a qualified connection. , New York), and Somrus (a line of Indian flavoured liqueurs). 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. Further, the use of this website, and the sending or receipt of such information and materials, does not create a client relationship between us. intersection will be closed to all through traffic beginning Monday February 20, 2023 for repairs. 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. The project will be constructed in three segments. Venture Capitalists (VC) play an important role in the startup ecosystem. Westgate Blvd Notable food & beverage companies in Cleaveland Avenue's investment portfolio include: Beyond Meat, Bhakti, Farmwise Foods, and Bright Cellars. The projected end date is March 31, 2023. 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. Scott Safety, LLC will provide maintenance of traffic services (833) 723-3499. For questions, please contact Kris Cella at (239) 337-1071. Get the full list, Youre viewing 5 of 241 co-investor. Contact Email info@clevelandavenue.com. 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. For further information, please contact Brian Brandfass at (239) 226-1606 Ext. Please contact 239-936-9444 with any questions or concerns. For further information on MOT, related inquiries please contact Sam Bell at 239-240-9410, sambell@awptraffic.com. He works at Raulston Venture Capital in Cleveland. Alico Road Curb Cut Amazon RSW5 (ROW2022-00853): Plateau Excavation, Inc. will be performing the roadway improvements, indicated as 19 ROW Alico Road on the permit, beginning Monday, January 09, 2023 and continue through Friday, March 17, 2023. 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. Crews will be replacing the signal. New York (July 26, 2022) Ventoux CCM Acquisition Corp. (Ventoux) (NASDAQ: VTAQ) and Presto today announced revised merger deal terms resulting in a $60 million equity investment alongside approximately $40 million expected from other sources, including $13 million held in Ventouxs trust account assuming no redemptions, into their previously announced business combination which will result in Presto becoming a publicly traded company. CASTUS - A Cleveland Avenue Fund The awards and certifications we receive from customers and industry bodies reflect our continued commitment to excellence. Dom's expects to open its first location in Chicago in June. 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. 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. This schedule may be subject to change due to inclement weather and unforeseen underground conditions. Cleveland Avenue 29 Portfolio companies, 34 Investments, Team to east on Joel Blvd. 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. The documents filed or that will be filed with the SEC relating to the proposed business combination (when they are available) can be obtained free of charge from the SECs website at www.sec.gov. It is a venture capital firm and startup accelerator that is headquartered in Chicago, Illinois. 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 . Further, the use of this website, and the sending or receipt of such information and materials, does not create a client relationship between us. Rajul Misra & Brian Ruby Construction project: Crews will be installing and relocating utilities and constructing medians on US 41/Cleveland Avenue from Winkler Avenue to SR 82. 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. 4. Please be patient as travel may be slower than usual. brock@ventouxccm.com Their latest investment was in Zerocater as part of their Series C on February 2, 2023. Actual results and the timing of events may differ materially from the results anticipated in these forward-looking statements. Copyright 2023 Cleveland Avenue, LLC. Investment Stage Early Stage Venture. (970) 948-9787. 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. The project also includes construction of a new bridge over Shadroe Canal, drainage installation, and lighting. 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. Turn lanes are currently unavailable at Wild Blue Boulevard, Cypress Shadows Boulevard (The Preserve at Corkscrew), Midnight Blue Boulevard, and Bella Terra Boulevard (eastbound right-turn lane). 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. Call (844) 417-2688 with any questions. Presto overlays next-gen digital solutions onto the physical world. Drivers, pedestrians, and bicyclists are urged to use extra caution when traveling through the work zone. Search Crunchbase. 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. 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. . Cleveland Avenue General Information. Tags: BBChicago, Black Business, BlackEntrepreneur, BlackOwned, BlackOwnedBusiness, Dsanders, SmallBusiness, Support Small Business, SupportBlackBusiness. Tony Manna combines his entrepreneurial endeavors with Hough 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. For further questions, please contact Jennifer Dorning by email at Jennifer.Dorning@dot.state.fl.us or by phone at (239) 338-7723. For further information, please contact Cole Bryan (863) 268-3941 or via email Jbryan@irbyconstruction.com. The contractor is Wright Construction. Please use caution and watch for workers and construction vehicles entering and leaving the roadway. 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. 41/Cleveland Avenue from Winkler Avenue to SR 82/Dr. Advice from the late founder of Columbus' Worthington Industries has shaped Tony Manna's approach to business throughout his career. (650) 817-9012, Investors: Led by Cleveland Avenue, LLC (Cleveland Avenue), the $60 million equity injection will accelerate the deployment of Prestos technology throughout the restaurant industry. investor@presto.com, Brock Strasbourger This communication contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Acceleration Services A unique team of food and beverage specialists who drive concept growth. It seeks to mobilize $100 million in catalytic capital for nonprofits and social enterprises in Chicago. . Motorists and pedestrians are urged to use extra caution in this area. The MOT/TTC will be provided by Andrew Sitework. Try for free at rocketreach.co Meriem S. on LinkedIn: We celebrated Jason Ritter with a little team ILGIF aims to invest more than $1 billion on a recurring basis creating an estimated 60,000 jobs per investment cycle. Corporate Venture Capital; 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. 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. Expect Victoria Avenue closed on the east side of US 41 / Cleveland Avenue. Besides this work activity, two lanes of two-way travel has been restored ahead of schedule in the Bella Terra driveway. Number of Exits 2. Additional work includes installing drainage structures, pedestrian signals, upgrading signals and lighting, and resurfacing existing highway. Please use caution and watch for workers and construction vehicles entering and leaving the roadway. Sidewalk and Driveway closure along Crystal Drive between 12255 S Cleveland Ave and 2378 Crystal Drive GL Homes is actively working in their development site across from Wild Blue Boulevard. The activities will require lane closures between 9:00 PM and 5:00 AM. Crews will work on the west side of the road initially and when that work is completed, they will shift to the east side of Cleveland Avenue/US 41. The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. 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. Road Work/Maintenance/Improvement 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. 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. You can read more about your cookie choices at our privacy policyhere. 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. The firm prefers to invest in food tech, restaurant, and technology sectors.