Chipotle Mexican Grill invests in two start-ups from its $50M foster Next venture fund

Chipotle Mexican Grill
CMG,
-2.75%
said Wednesday it invested an undisclosed amount of money from its $50 million foster Next venture capital fund in two privately-backed start-ups. Greenfield Robotics is a specialist in artificial intelligence, robotics and sensors to eradicate weeds growing with crops. Nitricity specializes in more sustainable fertilizer products. Chipotle’s stock was up 1.2% in premarket trading on Wednesday.