This minority investment is made through Chipotle\u2019s Cultivate Next venture fund.<\/p>\n
Chipotle Mexican Grill has announced its minority investment in Lumachain, an AI supply chain platform, and Brassica, a fast-casual restaurant concept, utilizing its US$100 million Cultivate Next venture fund.<\/p>\n
Lumachain is focused on enhancing food production with a traceability solution that tracks the origin, location, and condition of individual items in the supply chain from farm to table in real-time.<\/p>\n
The traceability platform is augmented by Lumachain’s computer vision AI system, which monitors operations in food production facilities.<\/p>\n
Curt Garner, Chief Customer and Technology Officer of Chipotle, stated, “The real-time visibility and quality data analytics provided by Lumachain’s software could optimize the management and quality of perishable goods within the food service sector.”<\/p>\n
On the other hand, Brassica offers healthy meal options, including house-made falafel, baked-to-order organic pita, antibiotic-free meats, roasted vegetables, Brassica seasoned fries, vegan tahini chocolate chip cookies, and fresh-squeezed minty pink lemonade.<\/p>\n
Established in 2022, Cultivate Next is focused on early-stage investments in companies that align with Chipotle\u2019s mission of \u2018Cultivating a Better World\u2019 and supports the company’s long-term goal of operating 7,000 restaurants across North America.<\/p>\n
Chipotle’s Cultivate Next venture fund portfolio includes Brassica, GreenField Robotics, Hyphen, Local Line, Lumachain, Meati Foods, Nitricity, Vebu, and Zero Acre Farms.<\/p>\n","protected":false},"excerpt":{"rendered":"
This minority investment is made through Chipotle\u2019s Cultivate Next venture fund. Chipotle Mexican Grill has announced its minority investment in Lumachain, an AI supply chain platform, and Brassica, a fast-casual restaurant concept, utilizing its US$100 million Cultivate Next venture fund. Lumachain is focused on enhancing food production with a traceability solution that tracks the origin, […]<\/p>\n","protected":false},"author":1,"featured_media":5438,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-5437","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-restaurant-news-uk"},"_links":{"self":[{"href":"https:\/\/restaurantnews.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/5437"}],"collection":[{"href":"https:\/\/restaurantnews.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/restaurantnews.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/restaurantnews.co.uk\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/restaurantnews.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5437"}],"version-history":[{"count":0,"href":"https:\/\/restaurantnews.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/5437\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/restaurantnews.co.uk\/index.php?rest_route=\/wp\/v2\/media\/5438"}],"wp:attachment":[{"href":"https:\/\/restaurantnews.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5437"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/restaurantnews.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5437"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/restaurantnews.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5437"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}