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. Cleveland Avenue - Crunchbase Investor Profile & Investments VTAQ began trading on the Nasdaq on December 23, 2020 following its initial public offering. 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. Many oversized vehicles are crossing the causeway to assist with recovery efforts on the island. Cleaveland Avenue is a venture capital firm and startup accelerator headquartered in Chicago, Illinois, that was founded in 2015 by Don Thompson. 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. Cleveland Avenue State Treasurers Urban Success Fund. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. Crews continue construction of the roadway between Wild Blue Boulevard and The Preserve. The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. Alico Road (ROW2022-01108): Mastec will be setting a pole on Alico Road just east of Oriole Road and west of Three Oaks Parkway. Additional work includes installing drainage structures, pedestrian signals, upgrading signals and lighting, and resurfacing existing highway. Corporate Venture Capital; 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. Motorists should expect construction vehicles pulling in and out of traffic near the driveways of The Preserve at Corkscrew and Bella Terra. 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. Get the full list, Youre viewing 5 of 241 co-investor. Roadwatch Update The outside (right) lane of Eastbound traffic on Bonita Beach Road SW between Meadowlark Lane and Windsor Road will be subject to lane closures. 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. Led by Cleveland Avenue, LLC (Cleveland Avenue), the $60 million equity injection will accelerate the deployment of Prestos technology throughout the restaurant industry. 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. 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 . Don Thompson grew up near Cabrini-Green and went on to lead McDonald's 1. IMPERIAL SHORES Boulevard Bonita Springs FL ROW2022-00816 Cleveland Avenue Portfolio Investments, Cleveland Avenue Funds For further information on MOT, related inquiries please contact Sam Bell at (239)240-9410, sambell@awptraffic.com. CASTUS - A Cleveland Avenue Fund Residents are entering and exiting communities on both sides of Corkscrew Road. For all other questions please call general foreman Denny Spencer (239)810-9071. 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. All rights reserved. Southbound lane along Nalle Road will be subject to temporary daily lane closures. to south on Country Club Pkwy, east on E 2nd St, south on McArthur Blvd to west on Sentinela Blvd. 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/. Bicyclists are encouraged to utilize another mode of transportation to travel the causeway. MEDIA CONTACTS About us. 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. Starting on February 1, 2023/February 3, 2023, there will be a two-lane closure on the eastbound middle and righthand lane on Alico Road. The traffic signal will be dark, and Lee County Sheriffs Office will be directing traffic. 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. It is a venture capital firm and startup accelerator that is headquartered in Chicago, Illinois. Win whats next. The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. For further information regarding this project please contact Andrew Sitework, LLC at 239-226-1606 or chad@andrewsitework.com It seeks to mobilize $100 million in catalytic capital for nonprofits and social enterprises in Chicago. 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 . 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. #drivethrutechnology #VoiceAI, 2018-23 Presto Automation Inc. All Rights Reserved. For further information, please contact Eli Enders at (239) 433-3000. For questions, please Contact Rob Radford (239) 229-5980. The MOT company will be Scotts Safety and their point of contact will be Clint Scott (239)340-8697. 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. Please pay attention to our flaggers and maintenance of traffic as patterns may change temporarily. 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. 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. 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. The activities will require lane closures between 9:00 PM and 5:00 AM. lane traveling westbound on Alico Road. This schedule may be subject to change due to inclement weather and unforeseen underground conditions. 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. The Cleveland Avenue Food Experience is our laboratory and gathering place. Motorists should expect intermittent Northbound and Southbound Lane closures during nighttime/overnight hours, weather permitting. For additional information, please contact Victor Menocal at vmenocal@rpucorp.com or (305) 776-8181. 30,000 square feet in downtown Chicago dedicated to culinary concept development and consumer validation. 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. Start Free Trial . Cleveland Avenue is providing this website, related electronic media and other information only as a convenience for you. Cleveland Avenue acquired 1 company. Founded in 2015, Cleveland Avenue is a venture capital firm based in Chicago, Illinois. Andrew Hayes Asphalt pavement, concrete sidewalk, concrete curbing, and drainage improvements will be performed. The projected end date is April 30, 2023. 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. Corkscrew Road Widening Project Phase I Construction Project: The project widens Corkscrew Road to six lanes from Ben Hill Griffin Parkway to Fire House Lane, and to four lanes from Fire House Lane to Bella Terra Boulevard. Voters in 1848 chose to make it an elected office. We have tried to select a variety of different types of investors across a variety of niches. . Imperial Shores will be open to two-way traffic from Bonita Beach Road to Gary Road and from Pine Lake Road to Tarpon Avenue. By Staff | Feb 23, 2023 investor@presto.com, Brock Strasbourger Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights platform. ACME Barricades will provide maintenance of traffic services (239) 479-5266. 9500 Euclid Avenue; Cleveland, OH 44195; United States +1 (800) 000-0000. The awards and certifications we receive from customers and industry bodies reflect our continued commitment to excellence. 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. The causeway islands surrounding the temporary roadway are an active work zone and are currently closed for public access. Cleveland Avenue (Venture Capital) - Wiki | Golden 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. Estimated completion is late 2023. The projected start date is January 30, 2023. For further information, please contact Jillian Scholler at (239) 533-8591 or email at jscholler@leegov.com. For further information, please contact John Ditty at (239) 744-6503 or jditty@gcmcontracting.com. 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. Please use caution and watch for workers and construction vehicles entering and leaving the roadway. Among Dom's investors is Cleveland Avenue, the venture firm started by former McDonald's CEO . Cleveland Avenue is an investment group and accelerator, which focuses on building new food, beverage, and restaurant concepts.
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