Cultivate Next is the corporate venture capital fund of Chipotle Mexican Grill, making early-stage investments in strategically aligned companies that further Chipotle's mission to Cultivate a Better World. It focuses on the future of food from farm to store, including agriculture technology, supply chain resilience, ingredient innovation, and automation.
71% of their portfolio is in Food & Agriculture. Their most common stage is series-c (43% of deals). Average disclosed round size is $98.6M (across 7 rounds with reported amounts).
Portfolio
5
Fund Size
$100M
Top Stage
Series C
Last 12 Mo
0
Team
BB
Brooke Boucaut
Investor
CG
Christian Gammill
Investor & Advisor
Portfolio Breakdown
Stage Distribution
Investment Activity
DealsAvg Round Size
Portfolio
7 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| PPlantible Foods | Series B | $30M | Nov 2024 |
 Plantible | Series B | $30M | Nov 2024 |
 Meati Foods | Series C | $150M | Jul 2022 |
| MMeati | Series C | $150M | Jul 2022 |
| Meati Foods | Growth | $150M | Jul 2022 |
| Meati Foods | Series C | $150M | Jan 2022 |
 Plantible | Series B | $30M | — |
Top Co-Investors
Wellington Management4 shared
Revolution Growth4 shared
University of Chicago3 shared
Grosvenor Food & AgTech3 shared
Astanor3 shared
Betagro Ventures2 shared
Siddhi Capital1 shared
Flourish Ventures1 shared
Piva Capital1 shared
Prelude Ventures1 shared
BOND1 shared
Congruent Ventures1 shared
Lerer Hippeau1 shared
Last updated: 7 October 2026