: Chipotle Mexican Grill invests in two start-ups from its $50M Cultivate Next venture fund
Chipotle Mexican Grill CMG said Wednesday it invested an undisclosed amount of money from its $50 million Cultivate Next venture capital fund in two privately-backed start-ups. Greenfield Robotics is a specialist in artificial intelligence, robotics and sensors to remove weeds growing with crops. Nitricity specializes in more sustainable fertilizer products. Chipotle’s stock was up 1.2% in premarket trading on Wednesday.
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