Please use caution when traveling through the project. The one-lane road operations are estimated to continue through the end of March 2023. Edit Lists Featuring This Company Section, Venture Capital Companies With Fewer Than 1000 Employees (Top 10K), Early Stage Venture Investors with Investments in United States, Illinois Companies With Less Than $1B in Revenue (Top 10K). The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. Ovation Brands, SUPERVALU, and McDonald's, Chief Financial Officer, Chief Investment Officer. Despite the Cleveland Avenue, startups are often financed by PowerPlant Ventures, DNS Capital, gener8tor. 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: In October 2022, it closed a $11.5 million Series B with investors including Cleveland Avenue State Treasurer Urban Success Fund, Fearless Fund, Kaya Ventures, and Supply Change Capital. Seed ventures, early stage and private equity deals focused on emerging restaurants, beverages, services, and technologies designed for foodservice and hospitality channels. For further information, please get in touch with Avelino Cancel at 239-533-9400 or by email at acancel@leegov.com. 41/Cleveland Avenue from Winkler Avenue to SR 82/Dr. Annualized, pro forma, projected and estimated numbers are used for illustrative purposes only, are not forecasts and may not reflect actual results. US 41/Cleveland Avenue from Winkler Avenue to SR 82/Dr. 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, Food Retail Ventures, Landa Ventures, and Planet Capital, AgFunder, Autotech Ventures, Cavallo Ventures, Cleveland Avenue, DCVC, Future Ventures, and SeaX Ventures. 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. Martin Luther King Jr. Boulevard. Martin Luther King Jr. Boulevard. 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. Cleveland Avenue LLC operates as a venture capital investment company. John Morris Road from McGregor Boulevard, 867, to Iona Road (ROW2022-00927) Pike Electric will be working on the overhead power lines. Find top employees, contact details and business statistics at RocketReach. For all other questions please call general foreman Denny Spencer (239)810-9071. Drivers, pedestrians and bicyclists should use caution and be aware of construction equipment and vehicles entering/exiting streets in the project area. The firm prefers to invest in seed-stage, early-stage, later-stage, and growth-stage companies. IMPERIAL SHORES Boulevard Bonita Springs FL ROW2022-00816 The projected start date is January 30, 2023. 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. 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. brian@andrewssitework.com. This press release is not a substitute for the proxy statement/prospectus. Their latest investment was in Zerocater as part of their Series C on February 2, 2023. The Treasurers Office predates Illinois incorporation in 1818. For further questions, please contact Jennifer Dorning by email at Jennifer.Dorning@dot.state.fl.us or by phone at (239) 338-7723. Landscaping Tree Trimming. The proxy statement/prospectus will be sent to stockholders of Ventoux. 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. 4. Prestos enterprise-grade voice, vision, and touch technologies help hospitality businesses thrive while delighting guests. 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. Work times will be from 7:00 AM to 5:00 PM. Drivers are urged to use extra caution when traveling through the work zone. Crews will be replacing the signal. Starting in June through July of 2023, crews will complete the work from Esplanade to Tarpon Ave under a One Lane Road operation. Bridge Maintenance 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.. 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). As Illinois State Treasurer, Frerichs is the states Chief Investment and Banking Officer and actively manages approximately $37 billion. 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. Chief Financial Officer & Chief Investment Officer, Managing Director, Investor Relations & Chief of Staff, Youre viewing 10 of 67 investments. 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. Led by Cleveland Avenue, LLC (Cleveland Avenue), the $60 million equity injection will accelerate the deployment of Prestos technology throughout the restaurant industry. The projected end date is April 30, 2023. Cleaveland Avenue was founded by Don Thompson, former CEO of McDonald's, in 2015. This work will be performed under a One Lane Road Operation. This south segment from Tropicana Parkway to Pine Island Road costs $13.6 million. 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. For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. Description. Cleveland Avenue is a Chicago-based venture fund and accelerator that invests in food, beverage, and tech businesses. 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. Rocketreach finds email, phone & social media for 450M+ professionals. Some of our portfolio brands include Beyond Meat, Farmer's Fridge, Zero Cater, Sustainable . Continued sidewalk closure approximately 100, February 20 through February 25, 2023 Please be aware of shifts in travel lanes and bike lanes, sidewalk detours, miscellaneous turn lane closures, and uneven pavement throughout the project. Get the full list, To view Cleveland Avenues complete exits history, request access, Youre viewing 5 of 26 team members. 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. 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. Presto, Cleveland Avenue, and Ventoux are the perfect partners for this next chapter in the public markets given our joint focus on transforming the restaurant industry using the best next-generation technology, said Krishna K. Gupta, Chairman of Presto and CEO of Remus Capital. Cleveland Avenue serves customers in . 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 continue construction of the roadway between Wild Blue Boulevard and The Preserve. 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. Motorists should use caution while driving in the area. Expect Hoople Street closed on the east side of US 41 / Cleveland Avenue. 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. SaaS, Android, Cloud Computing, Medical Device). Sidewalk closure at Crystal Drive and 12270 Metro Parkway: Continued sidewalk closure approximately 100, February 6 through February 10, 2023 Expect Victoria Avenue closed on the east side of US 41 / Cleveland Avenue. Crews will also install water main from a connection point on the east side of US 41 near 12499 Cleveland Avenue (PDQ). Directional Drill will be performed along Nalle Road from Quail Run heading south towards Sedgefield Road. Please use caution and watch for workers and construction vehicles entering and leaving the roadway. 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 outside (right) lane of Eastbound traffic on Bonita Beach Road SW between Meadowlark Lane and Windsor Road will be subject to lane closures. The Village of Estero will be installing shared use paths, lighting, and landscaping as phasing allows. For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. The MOT/TTC will be provided by Southwest Utility Systems. 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. At that point, work will be performed using One Lane Road operations in shorter sections as crews work their way north. bridge between Crestview Pl & Scenic St, mile south of the Joel Blvd/ Leeland Heights Blvd. Motorists should be aware of vehicles entering/exiting the road in this area. 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. Contact Email info@clevelandavenue.com. 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. Investor Type Accelerator, Venture Capital. 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. 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. This project consists of widening Burnt Store Road to four lanes. Lane closures will start at 7:00 PM and will end by 5:00 AM daily until complete with section of job. brock@ventouxccm.com We have curated a list of the top Cleveland Venture Capitalists (VC). 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. 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. Further, the use of this website, and the sending or receipt of such information and materials, does not create a client relationship between us. Voters in 1848 chose to make it an elected office. The causeway islands surrounding the temporary roadway are an active work zone and are currently closed for public access. 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. Cleaveland Avenue is a venture capital firm and startup accelerator headquartered in Chicago, Illinois, that was founded in 2015 by Don Thompson. Informed by deep industry intelligence, we bring insight and discipline to streamline and accelerate businesses. 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. During the work processes, men and equipment may be temporarily in the roadway. Ongoing through February 28, 2023, from 7:00 AM to 7:00 PM. 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). Work will be done between the hours of 8:00 PM 4:00 AM. Arc Chicago, LLC, is an investment fund created by MacArthur to further the objectives of Benefit Chicago. CBI websites generally use certain cookies to enable better interactions with our sites and services. Cleveland Avenue is an investment group and accelerator, which focuses on building new food, beverage, and restaurant concepts. Flaggers will be in place directing traffic around the work area on the east side of Imperial Shores. For further information, please contact John Dalton at (239) 898-7853. #drivethrutechnology #VoiceAI, 2018-23 Presto Automation Inc. All Rights Reserved. our sites and services. . View contacts for Cleveland Avenue to access new leads and connect with decision-makers. The restoration efforts are part of a new underground utility improvements project for Lee County. 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. Cleveland Avenue has 4 portfolio exits. All Rights Reserved. The projected start date is February 20, 2023, and it is expected to be completed by March 6, 2023. Gunnery Road Cleveland Avenue has made 43 investments. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. Its shares of common stock, units, warrants and rights trade under the ticker symbols VTAQ, VTAQU, VTAQW, and VTAQR respectively. 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. 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. 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. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. Submitters are 7x more likely to receive a qualified connection. Drivers, pedestrians and bicyclists should use caution and be aware of construction equipment and vehicles entering/exiting streets in the project area. 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: Asphalt pavement widening, embankment, base rock, concrete curbing, and striping will be performed. Southbound lane along Nalle Road will be subject to temporary daily lane closures. Cleveland Avenue is providing this website, related electronic media and other information only as a convenience for you. Cleveland Avenues Chief Financial and Investment Officer, Keith Kravcik, will join Prestos Board. 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. 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. Copyright 2023 Cleveland Avenue, LLC. This project is expected to be completed in summer 2023. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. Phone Number 312.383.6700. For additional information, please contact Rhett Tillman at (239) 533-9400 or email at rtillman@leegov.com. For further questions, please visit the project website at http://corkscrewroadwidening.com or contact Jennifer Dorning by email at Jennifer.Dorning@atkinsglobal.com or by phone at (239) 338-7723. Expect Crawford Street closed on the east side of US 41 / Cleveland Avenue. Asphalt pavement sampling will be performed. 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. 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. Periodic lane closures for eastbound lanes will occur between the hours of 9:00 AM and 3:30 PM on weekdays. 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. 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. 03 or Learn more atwww.ilgif.com. The projected end date is March 31, 2023. For additional information, please contact Neil Monkman at (230) 226-1601 Ext. Cleveland Avenue | 4,571 followers on LinkedIn. The typical case for the fund is to invest in rounds with 3 participants. He works at Raulston Venture Capital in Cleveland. RESCHEDULED: During the nighttime/overnight hours on Thursday, February 23, motorists are urged to plan extra time when using the Stoneybrook Golf Drive intersection. Cleveland Avenue Food and Beverage Fund I General Information. 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. Please be patient as travel may be slower than usual. Cleveland Avenue (investor). Flaggers will assist motorists when necessary. The projected end date is April 30, 2023. 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. Crews continue striping, limerock, curb and gutter, and guardrail installation throughout the project to facilitate this switch. Besides this work activity, two lanes of two-way travel has been restored ahead of schedule in the Bella Terra driveway. Founded in 2015, Cleveland Avenue is a venture capital firm based in Chicago, Illinois. 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. 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. Crews are expected to work 7 a.m. to 7 p.m. Cleveland Avenue has 1 fund, including Cleveland Avenue State Treasurers Urban Success Fund. The information is general in nature and does not constitute advice. For questions, please Contact Rob Radford (239) 229-5980. John Morris Road from Summerlin Road, 869, to McGregor Boulevard, 867 (ROW2022-00939): Pike Electric will be working on the overhead power lines. This project should be complete by the end of February. Further, the use of this website, and the sending or receipt of such information and materials, does not create a client relationship between us. Expect Suwanee Avenue closed on the west side of US 41 / Cleveland Avenue. The expected project completion is late 2023. Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights platform. 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. Milling and paving will start Tuesday, January 31st, 2023 and will tentatively go through Friday February 3, 2023. Additional information regarding the participants will also be included in the proxy statement/prospectus, when it becomes available. For further information, please contact Eli Enders at (239) 433-3000. All rights reserved. The investment approach is cautious to ensure the preservation of capital. current Chief Financial Officer, Chief Investment Officer, Keith Kravcik, CBI websites generally use certain cookies to enable better interactions with. Beginning April 1, 2021 entrepreneurs interested in learning more about the CAST US initiative can visitClevelandavenue.com/castus. The projected start date is October 1, 2022. Please use caution and watch for workers and construction vehicles entering and leaving the roadway. Project cost is approximately $23 M. The contractor is Cougar Contracting, LLC. 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, the Illinois Growth and Innovation Fund, the Walter Family, Benefit Chicago, private and family . The activities will begin on January 3, 2023 and continue until February 17, 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.

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