Cultivate Next

Overview

Cultivate Next is the venture capital arm of Chipotle Mexican Grill, established to make early-stage investments in companies that strategically align with Chipotle's mission to cultivate a better world. The fund focuses on sectors such as FoodTech and AgTech, aiming to support innovations that enhance the food industry and promote sustainability. Cultivate Next seeks to invest in seed to Series B stage companies that can accelerate Chipotle's strategic priorities, including running great restaurants, amplifying technology and innovation, advancing its Food With Integrity mission, and expanding access and convenience for consumers. The fund has an initial size of $50 million and is financed solely by Chipotle. Cultivate Next has made several investments, including in companies like PopID, CH4 Global, Plantible Foods, and Meati Foods. The fund is managed by Nextwave Capital and is headquartered in Newport Beach, California. Cultivate Next's investment philosophy centers on supporting companies that can drive meaningful change in the food industry, aligning with Chipotle's commitment to innovation and sustainability. By investing in these early-stage companies, Cultivate Next aims to foster growth and innovation that resonate with Chipotle's core values and mission.

Investment Focus

• Companies must align with Chipotle's mission and values
• Focus on FoodTech and AgTech sectors
• Early-stage companies (Seed to Series B)
• Potential to enhance Chipotle's strategic priorities

Portfolio Companies