Residents are entering and exiting communities on both sides of Corkscrew Road. Beginning April 1, 2021 entrepreneurs interested in learning more about the CAST US initiative can visitClevelandavenue.com/castus. Seed ventures, early stage and private equity deals focused on emerging restaurants, beverages, services, and technologies designed for foodservice and hospitality channels. https://www.restaurantbusinessonline.com/financing/franchises-navigate-tough-waters-their-bid-growth Motorists should expect delays and use caution as construction vehicles enter/exit the roadway. The firm prefers to invest in food tech, restaurant, and technology sectors. 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. Contact Email info@clevelandavenue.com. Flaggers will assist motorists when necessary. Additional work includes installing drainage structures, pedestrian signals, upgrading signals and lighting, and resurfacing existing highway. Acceleration Services A unique team of food and beverage specialists who drive concept growth. Please contact 239-936-9444 with any questions or concerns. For further questions, please contact Jennifer Dorning by email at Jennifer.Dorning@dot.state.fl.us or by phone at (239) 338-7723. 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. The awards and certifications we receive from customers and industry bodies reflect our continued commitment to excellence. Further, the use of this website, and the sending or receipt of such information and materials, does not create a client relationship between us. Cleveland Avenue LLC operates as a venture capital investment company. 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. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. On heavy haul days, GL Homes will be providing flaggers to reduce backups on Corkscrew Road. Find top employees, contact details and business statistics at RocketReach. Cleveland Avenue makes the information and materials available on this website and all other electronic media for informational purposes only. 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. Expect Crawford Street closed on the east side of US 41 / Cleveland Avenue. Don Thompson's venture capital firm ups its investment in Dom's Kitchen 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. Solutions. 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. Cleveland Avenue Portfolio Investments, Cleveland Avenue Funds Cleveland Avenue is an investment group and accelerator, which focuses on building new food, beverage, and restaurant concepts. 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. This feature is in beta and may change with future updates. Founders Don Thompson, J. Skyler Fernandes. About Cleveland Avenue, LLC. Cleveland Avenue, the Illinois Growth and Innovation Fund, the Walter Family, Benefit Chicago, private and family foundations, and prominent financial institutions have come together to support a more inclusive venture capital ecosystem and more directly impact Black, Latinx, and women entrepreneurs in Chicago through the CAST US initiative. brian@andrewssitework.com. Roadwatch Update 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. 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/. 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. The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. The Cleveland Avenue Food Experience is our laboratory and gathering place. Northbound Bell Blvd. 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. For further information, please contact Brian Brandfass at (239) 226-1606 Ext. All rights reserved. Scotts Safety will doing the MOT (Clint Scott at 239-340-8697). This work will be performed under a One Lane Road Operation. For further information on MOT, related inquiries please contact Sam Bell at 239-240-9410, sambell@awptraffic.com. Both northbound and southbound lanes of Buckingham Road will be subject to lane closures during nighttime milling and paving operations. Motorists should use caution while driving in the area. 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). Pondella Road Bridge Maintenance Activities: Lee County DOT Contractor, Villafuerte Construction, will perform maintenance activities on the Pondella Road Bridge. 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. Tags: BBChicago, Black Business, BlackEntrepreneur, BlackOwned, BlackOwnedBusiness, Dsanders, SmallBusiness, Support Small Business, SupportBlackBusiness. 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 firm prefers to invest in seed-stage, early-stage, later-stage, and growth-stage companies. Crews are expected to work 7:00 AM to 7:00 PM This project is expected to be completed in summer 2023. Construction project: Crews will be installing and relocating utilities and constructing medians on US 41/Cleveland Avenue from Winkler Avenue to SR 82. Asphalt pavement widening, embankment, base rock, concrete curbing, and striping will be performed. , New York), and Somrus (a line of Indian flavoured liqueurs). Among Dom's investors is Cleveland Avenue, the venture firm started by former McDonald's CEO . 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. For further information, please contact paving@leegov.com. Real Times Media. Motorists and pedestrians are urged to use extra caution in this area. Final Construction is scheduled for the end of July with milling and resurfacing of the roadway, new signs and new pavement markings. The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. ACME Barricades will provide maintenance of traffic services (954) 321-3587. For further information on MOT, related inquiries please contact Sam Bell at (239)240-9410, sambell@awptraffic.com. Speeding Porsche driver crashes in ball of flames in Roseville while eluding patrol, is badly hurt, Zerocater Raises $15 Million, Announces Expansion, Evigence Secures $18M in Series B Funding to Expand Commercialization of Freshness Management System, Evigence Raises $18 Million for Food Freshness Tech. Get the full list, To view Cleveland Avenues complete exits history, request access, Youre viewing 5 of 26 team members. This communication contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Start Free Trial . The average startup value when the investment from Cleveland Avenue is 500 millions - 1 billion dollars. 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 . Tony Manna combines his entrepreneurial endeavors with Hough 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. Some of our portfolio brands include Beyond Meat, Farmer's Fridge, Zero Cater, Sustainable . 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 information is general in nature and does not constitute advice. Phone Number 312.383.6700. Angel, Fund of Funds, Venture Capital), This describes the stage of investments made by this organization (e.g. 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. 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. 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. 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. Cleveland Avenue LLC. 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 is a Chicago-based venture fund and accelerator that invests in food, beverage, and tech businesses. Drivers are urged to use extra caution when traveling through the work zone. 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. The detour and one-way road on Imperial Shores Blvd. Get the full list, Morningstar Institutional Equity Research. Asphalt pavement, concrete sidewalk, concrete curbing, and drainage improvements will be performed. Project cost is approximately $23 M. The contractor is Cougar Contracting, LLC. 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. GL Homes is actively working in their development site across from Wild Blue Boulevard. 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 . Not only do they know the industry inside out, they share our vision for transforming physical industries with advanced digital automation, said Rajat Suri, Founder and CEO of Presto. 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. Its shares of common stock, units, warrants and rights trade under the ticker symbols VTAQ, VTAQU, VTAQW, and VTAQR respectively. lane traveling westbound on Alico Road. 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. Cleveland Avenue Food and Beverage Fund I - PitchBook 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). The projected start date is January 30, 2023. 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. 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. For additional information, please contact Sean Whitaker @ 678-247-4933 swhitaker@plateauexcavation.com All rights reserved. 1. Bradanna, Inc. will provide maintenance of traffic services (239) 455-8891. For further information, please contact Neil Monkman at 239-226-1601 Ext 12 or 239-462-7371 cell. Cleveland Avenue General Information. The projected end date is April 30, 2023. (970) 948-9787. Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. The projected start date is January 30, 2023. The expected project completion is late 2023. WORK PERFORMED BY OTHERS: (650) 817-9012, Investors: For further information, please contact Alex DeMarco at (239) 3516080 or alex@collierpave.com. Work times will be from 7:00 AM to 5:00 PM. Cleveland Avenue; Cleveland Avenue (investor - Venture Capital) clevelandavenue.com . Their latest investment was in Zerocater as part of their Series C on February 2, 2023. He says venture capital dollars are hard to find in northeast Ohio, but insists money is tight everywhere . to south on Country Club Pkwy, east on E 2nd St, south on McArthur Blvd to west on Sentinela Blvd. The proxy statement/prospectus will be sent to stockholders of Ventoux. Cleveland Avenue (Venture Capital) - Wiki | Golden Notable food & beverage companies in Cleaveland Avenue's investment portfolio include: Beyond Meat, Bhakti, Farmwise Foods, and Bright Cellars. Temporary traffic Control devices will be utilized for pedestrian safety as well as that of the contractors workforce. Area Wide Protective will be providing MOT services. For further information on MOT, related inquiries please contact Sam Bell at 239-240-9410, sambell@awptraffic.com. Annualized, pro forma, projected and estimated numbers are used for illustrative purposes only, are not forecasts and may not reflect actual results. Cleveland Avenue Food and Beverage Fund I General Information. 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. Crews are expected to work 7 a.m. to 7 p.m. 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. After a lifetime empowering entrepreneurs and setting the stage to substantially advance more Black, Latinx, and women-owned businesses on the South and West Side of Chicago, Im beyond excited to work alongside Don, Liz, and the entire Cleveland Avenue team to support more inclusive investments, economic development, and job creation in our community.. Westgate Blvd Periodic lane closures for northbound and southbound lanes will occur between the hours of 9:00 PM and 5:00 AM on weekdays. 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. 2023 PitchBook. Crews continue construction of the roadway between Wild Blue Boulevard and The Preserve. Expect Crawford Street closed on the east side of US 41 / Cleveland Avenue. Motorists should use caution, as there will be lane closures and uneven pavement in this area. Ventoux CCM and Presto Automation Announce $100 Million Raise Please be patient as travel may be slower than usual. Aquinas Early, on behalf of Cleveland Avenue |aearly@explorefcg.com| 708-420-8570, Angelica Ramirez, on behalf of Cleveland Avenue |aramirez@explorefcg.com|. Prestos enterprise-grade voice, vision, and touch technologies help hospitality businesses thrive while delighting guests. 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. brock@ventouxccm.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. 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. Beyond Meat, the meat replacement company whose packages of Beyond Burgers line grocery store aisles across America, has filed for an initial public offering. The projected start date is February 20, 2023, and it is expected to be completed by March 6, 2023. 22 Best & Most Active Cleveland Venture Capitalists (VC) Accelerating growth for businesses and developing entrepreneurs. This schedule may be subject to change due to inclement weather and unforeseen underground conditions. 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. Please use caution and watch for workers and construction vehicles entering and leaving the roadway. Innovative and equitable solutions like those offered by Cleveland Avenue truly address small businesses needs and provide critical resources for entrepreneurs of color.. Our enterprise-grade voice, vision, and touch technologies help hospitality businesses thrive while delighting guests. For further information, please get in touch with Avelino Cancel at 239-533-9400 or by email at acancel@leegov.com. 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). locations may have flagged and intermittent nightly lane closures from 7:00 PM to 6:00 AM. VTAQ began trading on the Nasdaq on December 23, 2020 following its initial public offering. The outside (right) lane of Eastbound traffic on Bonita Beach Road SW between Meadowlark Lane and Windsor Road will be subject to lane closures. Lane closures will occur while work is being performed, Traffic will be maintained with flagmen. Motorists should expect side road closures from Winkler Avenue to Victoria Avenue throughout the duration of the project. The causeway islands surrounding the temporary roadway are an active work zone and are currently closed for public access. RESCHEDULED: Crews will be working during the nighttime/overnight hours on Thursday, February 24 to switch traffic to the new lanes. Starting on April 2023 and continuing through May of 2023, crews will resume construction from Little Hickory working their way north to Esplanade Drive. Motorists should expect a new traffic pattern on Friday morning, February 25. Bell Blvd Bridge Closure and Detour Begins February 20, 2023: The Bell Blvd. We are intentionally committed to addressing the capital gap for underrepresented entrepreneurs and underserved communities in Chicago. Work will consist of new water main on the west side of Imperial Shores followed by new drainage pipe & structures, sidewalks, curb & gutter, roadway rebuilding on the east side of Imperial Shores. IMPERIAL SHORES Boulevard Bonita Springs FL ROW2022-00816 Scott Safety, LLC will provide maintenance of traffic services (833) 723-3499. Asphalt pavement sampling will be performed. Cleveland Avenue Email Formats & Employee Phones Venture Capital 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 . Diversity Spotlight (US Headquarters Only). At the end of February 2023, crews with then open the roadway to two-way traffic while they install drainage pipe and make improvements from Gary Road south to near Bonita Beach Road. Periodic lane closures for eastbound lanes will occur between the hours of 9:00 AM and 3:30 PM on weekdays. The fund invests in companies across the food and beverages and TMT sectors. Lehigh Acres Municipal Services District (LAMSID) along with Ajax Paving Industries of FL (contractor) will be resurfacing six bridge locations in Lehigh Acres. Illinois Growth and Innovation Fund(ILGIF). RESCHEDULED: During the nighttime/overnight hours on Thursday, February 23, motorists are urged to plan extra time when using the Stoneybrook Golf Drive intersection. Copyright 2023 Cleveland Avenue, LLC. Starting in June through July of 2023, crews will complete the work from Esplanade to Tarpon Ave under a One Lane Road operation. Motorists will be guided to stop short of the stop bars when leaving these communities to provide space for the trucks to back in along the roadway and deliver limerock to build the road.

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