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Chipotle raises commitment to its Cultivate Next venture fund by $50M

Chipotle Mexican Grill announced it is increasing its commitment to its Cultivate Next venture fund by $50M, which brings the fund’s total investment pool to $100M. Introduced in 2022, Cultivate Next makes early-stage investments into strategically aligned companies that further Chipotle’s mission to Cultivate a Better World and help accelerate the company’s aggressive longer term growth plans to operate 7,000 restaurants in North America.

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