Chipotle is launching a new $50 Million venture fund platform called Cultivate Next. This programme would empower and provide funds to startups having a similar business strategy to Chipotle’s mission. The initial funding limit starts at $50 million to support firms at the Series B stage. Chipotle will leverage the tech facilities of these firms to augment its operations, technology, and Food With Integrity mission. Ultimately, the firm will continue boosting convenience for consumers. Miso Robotics partnered with Chipotle to pilot its robot, called Chippy. Previously, the brand invested in Nuro, a firm offering autonomous delivery through robots.
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