Cleaveland Avenue is a venture capital firm and startup accelerator headquartered in Chicago, Illinois, that was founded in 2015 by Don Thompson. He says venture capital dollars are hard to find in northeast Ohio, but insists money is tight everywhere . 9500 Euclid Avenue; Cleveland, OH 44195; United States +1 (800) 000-0000. The typical case for the fund is to invest in rounds with 3 participants. Phone Number 312.383.6700. The information is general in nature and does not constitute advice. 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. For further information, please contact John Ditty at (239) 744-6503 or jditty@gcmcontracting.com. Crews continue earthwork on the causeway islands. Contact Email info@clevelandavenue.com. Cleveland Avenue is a Chicago-based venture fund and accelerator that invests in food, beverage, and tech businesses. The traffic signal will be dark, and Lee County Sheriffs Office will be directing traffic. The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. Arc Chicago, LLC, is an investment fund created by MacArthur to further the objectives of Benefit Chicago. (650) 817-9012, Investors: Our diverse team includes specialists that drive growth at all stages, from . For further information on MOT, related inquiries please contact Sam Bell at (239)240-9410, sambell@awptraffic.com. Crews will also install water main from a connection point on the east side of US 41 near 12499 Cleveland Avenue (PDQ). Some of our portfolio brands include Beyond Meat, Farmer's Fridge, Zero Cater, Sustainable . 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. Area Wide Protective will be providing MOT services. to north on McArthur Blvd., west on E 2nd St to north on Country Club Pkwy to Joel Blvd. Working hours shall be from 7:00 AM to 9:00 PM, Monday through Saturday. 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. 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. Tags: BBChicago, Black Business, BlackEntrepreneur, BlackOwned, BlackOwnedBusiness, Dsanders, SmallBusiness, Support Small Business, SupportBlackBusiness. This list is designed to show off the investors with exceptional track records, industry experience and a . For further information, please contact Alex DeMarco at (239) 3516080 or alex@collierpave.com. site you are consenting to these choices. 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. 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. When Don Thompson stepped down from his role as the first Black CEO at McDonald's in 2015, he launched Cleveland Avenue, a Chicago-based venture capital firm that has invested millions in fast . For further information, please contact Jillian Scholler at (239) 533-8591 or email at jscholler@leegov.com. 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 . Periodic lane closures for eastbound lanes will occur between the hours of 9:00 AM and 3:30 PM on weekdays. The company is looking to raise roughly $200 million in the stock sale for its portfolio of burger, chicken and sausage replacements, sellin Cleaveland Avenue was founded by Don Thompson, former CEO of McDonald's, in 2015. 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. Copyright 2023. 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. Bridge Maintenance Ventoux CCM and Presto Automation Announce $100 Million Raise 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. Motorists should use caution while driving in the area. Bradanna, Inc. will provide maintenance of traffic services (239) 455-8891. brock@ventouxccm.com Founded in 2015 by industry veteran Don Thompson, we support entrepreneurs whose innovations are disrupting the norm. 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 bridge locations are: For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. For further information, please contact Neil Monkman at 239-226-1601 Ext 12 or 239-462-7371 cell. The projected end date is April 30, 2023. Motorists should expect side road closures from Winkler Avenue to Victoria Avenue throughout the duration of the project. 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. 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. Temporary traffic Control devices will be utilized for pedestrian safety as well as that of the contractors workforce. Crews are expected to work 7 a.m. to 7 p.m. Milling and paving will start Tuesday, January 31st, 2023 and will tentatively go through Friday February 3, 2023. Very incredibly proud of you and your next step Jason. The projected start date is October 1, 2022. This press release is not a substitute for the proxy statement/prospectus. In the greater Chicagoland area, Black and Latinx entrepreneurs have 80 percent of their equity capital needs going unmet compared to 46 percent of white business owners, according to a recent study by the consulting firm Next Street. For further information on MOT, related inquiries please contact Sam Bell at 239-240-9410, sambell@awptraffic.com. All Rights Reserved. It is a venture capital firm and startup accelerator that is headquartered in Chicago, Illinois. Westbound McGregor Boulevard has been reduced to one lane approaching and through the toll plaza. Informed by deep industry intelligence, we bring insight and . 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. . For further information on MOT, related inquiries please contact Sam Bell at 239-240-9410, sambell@awptraffic.com. Martin Luther King Jr. Boulevard. Cleveland Clinic Ventures Investor Profile: Portfolio & Exits | PitchBook For further questions, please contact Jennifer Dorning by email at Jennifer.Dorning@dot.state.fl.us or by phone at (239) 338-7723. He works at Raulston Venture Capital in Cleveland. The MOT/TTC will be provided by Southwest Utility Systems. locations may have flagged and intermittent nightly lane closures from 7:00 PM to 6:00 AM. 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 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 Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. 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. For further information, please contact paving@leegov.com. Founded in 2015, Cleveland Avenue is a venture capital firm based in Chicago, Illinois. As Illinois State Treasurer, Frerichs is the states Chief Investment and Banking Officer and actively manages approximately $37 billion. https://www.restaurantbusinessonline.com/financing/franchises-navigate-tough-waters-their-bid-growth SaaS, Android, Cloud Computing, Medical Device). Asphalt pavement widening, embankment, base rock, concrete curbing, and striping will be performed. 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. Venture Capital in Cleveland | Ideastream Public Media San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. Each segment will have most of the construction completed prior to moving to the next segment. 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. Solutions. Cleveland Avenue Investor Profile: Portfolio & Exits | PitchBook For further information, please contact Cole Bryan (863) 268-3941 or via email Jbryan@irbyconstruction.com. 03 or The projected end date is March 31, 2023. Continued sidewalk closure approximately 100, February 20 through February 25, 2023 Bicyclists are encouraged to utilize another mode of transportation to travel the causeway. On heavy haul days, GL Homes will be providing flaggers to reduce backups on Corkscrew Road. The Company invests in restaurant, food, and beverage companies. 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. This project should be complete by the end of February. Seed ventures, early stage and private equity deals focused on emerging restaurants, beverages, services, and technologies designed for foodservice and hospitality channels. Southbound will be detoured from Bell Blvd. RESCHEDULED: Crews will be working during the nighttime/overnight hours on Thursday, February 24 to switch traffic to the new lanes. Northbound Bell Blvd. For further information, please contact John Dalton at (239) 898-7853. With over 250,000 systems shipped, Presto is one of the largest labor automation technology providers in the industry. bridge between Crestview Pl & Scenic St, mile south of the Joel Blvd/ Leeland Heights Blvd. For further information, please contact Jillian Scholler at (239) 533-8591 or email at jscholler@leegov.com. The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. Try for free at rocketreach.co Cleveland Avenue (Venture Capital) - Wiki | Golden 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. Cleveland Avenue serves customers in . PitchBooks data visualizations quickly surface an investors historical investmentsshowing a breakdown of activity by industry, year and region. 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. 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. It is a venture capital firm and startup accelerator that is headquartered in Chicago, Illinois. 41/Cleveland Avenue from Winkler Avenue to SR 82/Dr. Alico Road (ROW2022-01108): Mastec will be setting a pole on Alico Road just east of Oriole Road and west of Three Oaks Parkway. Lee County DOT will be performing lane maintenance through toll plaza. 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. The project is expected to be completed by spring 2023. our sites and services. Real Times Media. Landscaping Tree Trimming. Many oversized vehicles are crossing the causeway to assist with recovery efforts on the island. 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. . Cleveland Avenue makes the information and materials available on this website and all other electronic media for informational purposes only. Motorists should expect intermittent Northbound and Southbound Lane closures during nighttime/overnight hours, weather permitting. Active, Closed, This describes the type of investor this organization is (e.g. Cleveland Avenue - CrunchBase Cleveland Avenue LLC: Contact Details and Business Profile US 41/Cleveland Avenue from Winkler Avenue to SR 82/Dr. 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. MOT will be provided through ACME Barricades (239)479-5266; DBlack@acmebarricades.com dtanner@acmebarricades.com. Cleveland Avenue launches $70M fund to invest in Chicago's Black RESCHEDULED: During the nighttime/overnight hours on Thursday, February 23, motorists are urged to plan extra time when using the Stoneybrook Golf Drive intersection. Founded in 2015, Cleveland Avenue is a venture capital firm based in Chicago, Illinois. The activities will begin on January 3, 2023 and continue until February 17, 2023. Please be patient as travel may be slower than usual. Bell Blvd Bridge Closure and Detour Begins February 20, 2023: The Bell Blvd. 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. Periodic lane closures for northbound and southbound lanes will occur between the hours of 9:00 PM and 5:00 AM on weekdays. Pondella Road Bridge Maintenance Activities: Lee County DOT Contractor, Villafuerte Construction, will perform maintenance activities on the Pondella Road Bridge. CHICAGO, IL (March 3, 2021)- 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 capital and resource gap for Black, Latinx, and women-owned companies in Chicagos South and West Side neighborhoods. Copyright 2023 CB Information Services, Inc. All rights reserved. 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. . This feature is in beta and may change with future updates. . Angel, Fund of Funds, Venture Capital), This describes the stage of investments made by this organization (e.g. This communication is not a solicitation of a proxy from any investor or security holder. Welcome to Cleveland Avenue LLC- a venture capital firm that strategically consults and Invests in restaurant, food & beverage 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. Tony Manna combines his entrepreneurial endeavors with Hough Lane closures will occur while work is being performed, Traffic will be maintained with flagmen. Learn more atwww.ilgif.com. All rights reserved. For further information you can contact Jessie Culpepper at 239-913-9127. The detour and one-way road on Imperial Shores Blvd. Description. 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. Road Work/Maintenance/Improvement Crews continue work on the 10-foot-high fence that will be used to funnel the wildlife to cross safely under Corkscrew Road. Lehigh Acres Resurfacing FY22A: Lee County DOT, along with their contractor Community Asphalt will be milling and paving on various roads in Lehigh Acres. Description. Their latest acquisition was PizzaRev on May 22, 2017. Imperial Shores will be open to two-way traffic from Bonita Beach Road to Gary Road and from Pine Lake Road to Tarpon Avenue. 30,000 square feet in downtown Chicago dedicated to culinary concept development and consumer validation. (970) 948-9787. Cleveland Avenue Food and Beverage Fund I General Information. Cleveland Avenue acquired 1 company. Among Dom's investors is Cleveland Avenue, the venture firm started by former McDonald's CEO . Presto welcomes Cleveland Avenue to our investor syndicate - we could not have found more aligned and strategic investors. ILGIF has been at the forefront of increasing equity, diversity, and inclusion within the venture capital ecosystem, with 40% of its committed capital invested with venture capital firms led by women and people of color. WORK PERFORMED BY OTHERS: 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. All work will be completed by Lee County DOT Traffic staff and will be completed between 7:00 PM and 5:00 AM on Thursday February 16, 2023. Besides this work activity, two lanes of two-way travel has been restored ahead of schedule in the Bella Terra driveway. 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.. The contractor is Wright Construction. 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: Both northbound and southbound lanes of Buckingham Road will be subject to lane closures during nighttime milling and paving operations. MOTORISTS ARE REMINDED TO OBEY THE POSTED SPEED LIMIT OF 20 MPH. Cleveland Avenue Food and Beverage Fund I - PitchBook Diversity Spotlight (US Headquarters Only). 22 Best & Most Active Cleveland Venture Capitalists (VC) CASTUS - A Cleveland Avenue Fund These documents (when they are available) can also be obtained free of charge from Ventoux upon written request at Ventoux CCM Acquisition Corp., 1 East Putnam Avenue, Floor 4, Greenwich, CT 06830. During the work processes, men and equipment may be temporarily in the roadway. There can be no assurance that the data contained herein is reflective of future performance to any degree. For further information, please contact Trevor Bianco at (813) 439-4433 or tbianco@tierraeng.com. Expect Hoople Street closed on the east side of US 41 / Cleveland Avenue. The expected project completion is late 2023. Learn more. Project cost is approximately $23 M. The contractor is Cougar Contracting, LLC. The firm prefers to invest in seed-stage, early-stage, later-stage, and growth-stage companies. Westgate 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. There will be lane closures in the westbound and eastbound lanes of Bonita Beach Road, southbound lanes of Windsor Road and southbound outside turning lane of US HWY 41. Presto overlays next-gen digital solutions onto the physical world. The one-lane road operations are estimated to continue through the end of March 2023. Area Wide Protective will be providing MOT services. The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. The projected start date is September 19, 2022. By continuing to use this site you are consenting to these choices. Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights platform. This project consists of widening Burnt Store Road to four lanes.