Cultivate Next
Profile, fund size and portfolio
Cultivate Next is the corporate venture arm of Chipotle Mexican Grill, a food and agriculture company. It was founded in 2022 and is based in Los Angeles, United States. It invests from seed to Series B. Sectors it names: food and agriculture, logistics and supply chain, industrial technology and robotics, climate and energy.
Every figure links to its source
Snapshot
Data behind this graphic
| Item | Value |
|---|---|
| Stage range | Seed to Series B |
| Sectors | Food and agriculture, Logistics and supply chain, Industrial technology and robotics, Climate and energy |
| Geography | North America |
| Offices | Los Angeles, United States |
Sources: S3 Chipotle announces USD 50 million venture fund Cultivate Next; S1 Cultivate Next site.
Data behind this graphic
| Measure | Value | Unit | Kind | Source |
|---|---|---|---|---|
| Headline size | USD 100M | Commitment by parent | Stated by the firm or its parent | S5 |
| Companies backed | 17 | companies | Stated by the firm | S4 |
| Companies on the firm's portfolio page | 17 | companies | Counted from the firm's own list | S4 |
Sources: S5 Chipotle doubles commitment to Cultivate Next to USD 100 million; S4 Cultivate Next portfolio.
Where it invests and who leads it
LeadersS2
- Christian GammillManaging Partner & Co-FounderLinkedInFirm page
- Camden McRaeManaging Partner & Co-FounderLinkedInFirm page
- Brooke BoucautInvestment PrincipalFind on LinkedInFirm page
- Matthew MurchInvestment AssociateFind on LinkedInFirm page
- Mark LinaoPortfolio ManagerFind on LinkedInFirm page
Key facts
| Fact | Value | Status | Source |
|---|---|---|---|
| Parent company | Chipotle Mexican Grill (NYSE: CMG) | Single source | S3 |
| Parent industry | Food and agriculture | Single source | S3 |
| Founded | 2022 | Single source | S3 |
| Headquarters | Los Angeles, United States | Single source | S1 |
| Status | Active | Single source | S1 |
| Capital source | Parent company only | Single source | S3 |
| Headline size | USD 100M (Commitment by parent) | Single source | S5 |
| Companies backed | 17 | Single source | S4 |
| People on the team page | 6 | Single source | S1 |
| Stages | Seed, Series A, Series B | Single source | S3 |
Recent rounds
For founders
| Item | What the firm says | Source |
|---|---|---|
| Stages | Seed, Series A, Series B | S3 |
Portfolio
The firm's portfolio page lists 17 companies.S4
Every company on the Cultivate Next list
17 companies, as listed on the firm's own website.S4 Read the firm's list.
- Athian
- Benchmark Labs
- Brassica
- CH4 Global
- Clean Crop Technologies
- Greenfield Robotics
- Hyphen
- IMIO
- Local Line
- Lumachain
- Meati
- Nitricity
- Plantible
- PopID
- SIMPLi
- Vebu
- Zero Acre Farms
Fund vehicles
| Vehicle | Size | Year | Source |
|---|---|---|---|
| Cultivate Next | USD 100M | 2022 | S5 |
History
About Chipotle Mexican Grill
Official pages
Read the firm's own pages for current information.
- Website cultivatenext.vc/
- Portfolio cultivatenext.vc/portfolio.html
- LinkedIn company page www.linkedin.com/company/cultivate-next
Sources
Disclaimer and corrections
Not affiliated. This page is not affiliated with, endorsed by or sponsored by Cultivate Next or any company named on it. Names and trademarks belong to their owners. Informational only. This is a public-source reference. It is not investment, legal or tax advice and not an offer or solicitation. Sources. Each figure names its source. Figures may have changed. Please read the firm's official pages, linked above. Corrections and takedown. To report an error or ask for a change or removal, use the correction form or email Richard@CorporateVentureCapital.com.
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