CHIPOTLE'S CULTIVATE NEXT FUND INVESTS IN AQUATIC PLANT-BASED TECHNOLOGIES THAT AIM TO EMULATE ANIMAL PROTEIN AND SCALE MORE SUSTAINABLE CATTLE FEED - Jan 15, 2025
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CHIPOTLES CULTIVATE NEXT FUND INVESTS IN AQUATIC PLANT-BASED TECHNOLOGIES THAT AIM TO EMULATE ANIMAL PROTEIN AND SCALE MORE SUSTAINABLE CATTLE FEED Plantible is a vertically integrated biology company unlocking the potential of duckweed to create a plant-based protein that emulates the characteristics of animal-based proteins CH4 Global is scaling up production of Asparagopsis seaweed to reduce enteric methane emissions from cattle, a key driver of climate changeNEWPORT BEACH, Calif., Jan. 15, 2025 /PRNewswire/ -- Chipotle Mexican Grill (NYSE: CMG) today announced it is making minority investments in Plantible, a company harnessing the power of Lemna, an aquatic plant, to create what could prove to be the worlds most functional plant-based protein, and CH4 Global, a company aiming to impact climate change at scale via methane-reducing innovations. Its manufacturing technology harnesses the aquatic growth of Lemna and limits fresh water usage through recirculation and minimizes carbon emissions due to its highly efficient growing process. "Investing in a like-minded venture that strives to transform the global food supply could help the entire industry unlock new opportunities for plant-based menu offerings. "Chipotles Cultivate Next venture fund portfolio includes: Brassica, CH4 Global, GreenField Robotics, Hyphen, Local Line, Lumachain, Meati Foods, Nitricity, Plantible, Vebu, and Zero Acre Farms. Chipotle is committed to making its food more accessible to everyone while continuing to be a brand with a demonstrated purpose as it leads the way in digital, technology and sustainable business practices.